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VIC › Kingsville › Wales St

116 Wales St, Kingsville VIC 3012

House

$1,041,000

Last sold

26 Oct 2024

2

Bedrooms

1

Bathrooms

1

Car spaces

475 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,041,000 (26 Oct 2024).(Recorded sale)
  • FactLand 475 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kingsville (last 5 years) with land size: median $3,788/m² of land (n=36). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,041,000

26 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Kingsville (last 5 years) with land size have a median of $3,788/m² of land (n=36). Districts calculation from recorded sales — not a valuation.

Kingsville at a glance

4,145

People

$1,104,000

Median sale

$582/wk

Median rent

2.74%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Kingsville report →

Vs Kingsville

-5.7%

Median sale

Suburb $1,104,000

+0.17 pp

Gross yield

Suburb 2.74%

Suburb median $1,104,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,041,00026 Oct 2024
  2. Listedprice unknowncompleted2 Oct 2024
  3. Listedprice unknowncompleted2 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kingsville in one glance

Kingsville at a glance

4,145

People

$1,104,000

Median sale

$582/wk

Median rent

2.74%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Kingsville report →

Keep researching

  • Why Kingsville? Read the area thesis →
  • What else is on the market in Kingsville →
  • Other records on Wales St →

Listing material

Listed by Jas Stephens Real Estate

Dream Home Potential, Fabulous Lifestyle Location

• Spacious period home situated in one of Kingsville’s most sought-after locations

• 475sqm* allotment with rear laneway access

• Exciting potential for a comprehensive renovation + room to extend (STCA)

Read the full description

• Heritage features include decorative ceilings and period fireplaces

• Two bedrooms, one with built-in robe

• Kitchen/meals + free-flowing dining and lounge spaces

• Large study

• Central bathroom with separate toilet + walk-in laundry

• Huge back garden offering secure off-street parking

Set on a whopping 475sqm*, this perfectly positioned period home set is packed with potential, presenting an unmissable opportunity for those with a vision for the future.

With heritage features providing elegant inspiration for a luxe old-meets-new makeover and plenty of room to extend the house (STCA), the possibility of breathing new life into the character-filled home will delight keen renovators.

Two bedrooms include one with a built-in robe and are served by the central bathroom with separate toilet. Multiple living areas offer plenty of room to move, with free-flowing living and dining zones, large kitchen/meals, a generous study and a spacious sunroom. A walk-in laundry completes the floorplan, while outside a sprawling back garden awaits your imagination and offers rear laneway access for easy off-street parking.

This is your chance to create your dream home in one of the Inner West’s most coveted locations – come and see its potential for yourself.

Why you’ll love this location:

Set on a tranquil, tree-lined street just 8.8km* from the CBD, this address will delight those seeking a fabulous city-fringe lifestyle.

Stroll to Somerville Road in one minute* to take your pick of cafes and eateries, including Westerly, Olive Oil & Butter and the much-loved Augustus Gelatery.

Yarraville Square offers the convenience of Coles a ten-minute* walk from home, while the heart of Yarraville Village also awaits within walking distance, offering a renowned lifestyle hub bursting with cafes, restaurants, great boutique shopping and cosy wine bars. Catch a movie at the iconic Sun Theatre and enjoy regular city-bound trains from Yarraville’s inner-village train station.

Proximity to Seddon Village and Footscray adds extra lifestyle appeal, while the seven-minute* walk to Cruickshank Park promises an immersive natural escape, with beautiful parklands following the winding path of Stony Creek.

Listing description written by Patrick Fowler, Jas Stephens Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.