Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
VIC › Greenvale › Greenvale Dr
$1,000,000
Last sold
11 Nov 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
1,000 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,000,000
11 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Greenvale (last 5 years) with land size have a median of $2,137/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Greenvale
+16.3%
Median sale
Suburb $860,000
-0.50 pp
Gross yield
Suburb 3.63%
Suburb median $860,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Hume
Hume, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,002 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $601/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,002 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,002 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & CoProudly presenting 119 Greenvale Drive, Greenvale, a bold, unique style home sitting in one of the most highly sought-after pockets in Melbourne's North! This home has so much on offer, sitting on a quarter of an acre with a boasting open floor plan, Cathedral ceilings and plenty more to talk about with walking distance to reserves, parklands, and amenities all close by. This four-bedroom family home is one to be excited for!
Architecturally designed, be welcomed upon entry with this naturally light filled home and perfectly laid out floor plan featuring a spacious living area, kitchen overlooking family/meals area that includes an abundance of cabinetry space, stone bench tops, dishwasher and stainless-steel appliances. Enjoy the elegance of the formal dining space with a built-in brick fireplace to top it off. Heading up the stairs, an exclusive zoned-off retreat area for the one lucky buyer to make it their own. With windows surrounding plus plenty of floor space.
Enjoy the relaxed master bedroom featuring a walk-in robe with full ensuite and sauna. The additional three bedrooms all featuring built in robes serviced by the main bathroom and separate toilet. Step outside to the fully manicured gardens, drive through access and the outdoor entertaining area to keep you occupied all year round!
Complete the package with a double car lock up garage, heating and cooling, ample linen space, ceiling fans, storage room, alarm system plus so much more.
Inspect today to buy a home you will be proud to own!
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Joel Viavattene, Harcourts Rata & Co — reproduced as published, not verified by Districts.