Abbotsford at a glance
10,316
People
$1,250,000
Median sale
$596/wk
Median rent
2.48%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Abbotsford › Mayfield St
$1,045,000
Last sold
1 May 2025
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
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
$1,045,000
1 May 2025 · derived via latest_sale
Abbotsford at a glance
10,316
People
$1,250,000
Median sale
$596/wk
Median rent
2.48%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Abbotsford
-16.4%
Median sale
Suburb $1,250,000
+0.49 pp
Gross yield
Suburb 2.48%
Suburb median $1,250,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
INDUSTRIAL 1 ZONE
IN1Z
Jurisdiction
Yarra
Yarra, 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 INDUSTRIAL 1 ZONE · IN1Z (ZN). Official parcel area about 857 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. Official parcel about 857 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1-E; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $596/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 INDUSTRIAL 1 ZONE · IN1Z (ZN). Official parcel area about 857 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?
KnownlowOfficial parcel about 857 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1-E; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Abbotsford at a glance
10,316
People
$1,250,000
Median sale
$596/wk
Median rent
2.48%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property ArmadaleExpressions of Interest
Imagine mornings spent sipping your coffee on a private timber-decked balcony, sunlight gently filtering through the exposed brick walls of your very own warehouse-style retreat. Here, each day feels effortlessly stylish-capturing the authentic character of 1930s heritage while wrapping you in modern luxury.
Stepping inside, you're immediately greeted by warmth and character-sunlight pouring across sleek timber floors and highlighting exposed brick walls. The kitchen is both stylish and functional, featuring stone benchtops and premium Electrolux and Bosch appliances, while the open-plan living space connects effortlessly to your private balcony, ideal for relaxing evenings or casual get-togethers with friends.
Your ground-floor bedroom offers guests their own private space, complete with built-in robes and ensuite, ensuring comfort and privacy. Upstairs, the mezzanine-level master bedroom awaits as your peaceful retreat-a quiet escape from the city buzz, where plush carpets welcome tired feet after a long day.
Life here is effortlessly vibrant, a seamless blend of urban energy and comfortable living. Wander just moments from home and discover Abbotsford's buzzing café scene, trendy eateries, and stylish boutiques. Weekends are easygoing-grab brunch at your favourite local café, explore Victoria Gardens and The Hive, or catch a quick tram into the CBD for a night out. With Collingwood College and Abbotsford Primary School nearby, it's perfect for young families looking to embrace city living without compromising on charm and community.
This is warehouse living at its absolute finest-a home that's authentic, elegant, and perfectly placed to deliver a lifestyle that's equal parts vibrant and relaxed. It's your sanctuary, your social hub, your stylish city escape.
NOTE: The property is zoned Industrial 3, with a commercial overlay the allows for commercial and residential use with an ABN.
Listing description written by Walter Summons, Belle Property Armadale — reproduced as published, not verified by Districts.