East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › East Geelong › Lomond Tce
$937,000
Last sold
30 Aug 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
697 m²
Land
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
$937,000
30 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in East Geelong (last 5 years) with land size have a median of $2,016/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs East Geelong
+9.0%
Median sale
Suburb $860,000
-0.22 pp
Gross yield
Suburb 2.68%
Suburb median $860,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8
NRZ8
Jurisdiction
Greater Geelong
Greater Geelong, 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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 699 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 699 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO1643). Heritage can block demolition and dual occupancy even when land size looks like a site. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $444/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 699 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO1643). Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 699 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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 699 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO1643). Heritage can block demolition and dual occupancy even when land size looks like a site.
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
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownAuction will be proceeding as scheduled via online platform Auction Now.
Follow the link below to register to bid or watch.
https://auctionnow.com.au/properties/74423
Set over a large north-west facing allotment of approximately 697sqm of prime East Geelong land this outstanding home is perfect for the astute purchaser looking to secure a blue-chip property in a high capital growth location. From the timeless façade through to the spacious interiors everything has been considered for a daily ease of living including three bedrooms, the master with ensuite, and a modern main bathroom servicing the remaining rooms. The striking floorboards and freshly painted white walls reflect plenty of light and offer a beautiful environment for living. The large open plan living room flows seamlessly to the outdoor alfresco which overlooks the large rear yard which is perfect for the family to entertain and kids to play. The large land gives plenty of opportunity for extensive renovations and extension to the existing home or opens up the possibility of redevelopment for townhouses (STCA). The location is real estate gold and has all the East Geelong amenities close by including the Garden Street shops, the Botanic Gardens, the CBD and the prized Geelong waterfront. A true lifestyle property that offers plenty of potential for value add and will suit the astute investor buyer with a keen eye for great real estate.
- Large allotment of approximate 697sqm of land
- Gorgeous period façade
- Three bedrooms master with ensuite
- Plenty of room for extension or second dwelling (STCA)
- Extensive living zone
- Central East Geelong location close to all amenities
Listing description written by David Cortous, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.
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