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VIC › Strathmore › Madel Ave

12 Madel Ave, Strathmore VIC 3041

House

$3,000,000

Last sold

10 July 2021

5

Bedrooms

2

Bathrooms

4

Car spaces

694 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 $3,000,000 (10 July 2021).(Recorded sale)
  • FactLand 694 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Strathmore (last 5 years) with land size: median $2,644/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE (R1Z) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$3,000,000

10 July 2021 · derived via latest_sale

Local land rate: recorded House sales in Strathmore (last 5 years) with land size have a median of $2,644/m² of land (n=50). Districts calculation from recorded sales — not a valuation.

Strathmore at a glance

9,529

People

$1,387,500

Median sale

$635/wk

Median rent

2.38%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Strathmore report →

Vs Strathmore

+116.2%

Median sale

Suburb $1,387,500

-1.28 pp

Gross yield

Suburb 2.38%

Suburb median $1,387,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE

R1Z

Jurisdiction

Moonee Valley

Moonee Valley, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 1008505

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$3,000,00010 July 2021
  2. Listedprice unknowncompleted9 June 2021
  3. Listedprice unknowncompleted9 June 2021

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 690 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.

What could kill that thesis?

Confidence: low

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 690 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. 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 $635/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 690 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

    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?

    Knownlow

    Official parcel about 690 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Strathmore in one glance

Strathmore at a glance

9,529

People

$1,387,500

Median sale

$635/wk

Median rent

2.38%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Strathmore report →

Keep researching

  • Why Strathmore? Read the area thesis →
  • What else is on the market in Strathmore →
  • Other records on Madel Ave →

Listing material

Listed by McDonald Upton

Luxury Entertainer With Poolside Alfresco

A landmark home in the tightly-held heart of old Strathmore, there is so much to love about this wonderful family sanctuary where traditional charm meets today’s luxury lifestyle. Breathtaking in every way, standout features include exquisite leadlight windows and decorative ceilings, a formal dining room and lounge with gas fireplace, sweeping open-plan living with a huge entertainer’s kitchen, butler’s pantry and bar area, first floor retreat with undercover balcony and an all-weather alfresco zone by the pool (gas and solar heated with hot/cold shower and WC).

• Spacious and elegant indoor and outdoor living

• Three large family areas with formal/casual options

Read the full description

• Heated self-cleaning pool plus outdoor kitchen

• Stunning period features plus every modern comfort

• Double garage and huge storage capacity

On the high side of the street with a north-facing aspect, this extensive residence is the complete family package, highlighted by a gorgeous master bedroom with WIR and ensuite, three first floor bedrooms serviced by a central spa bathroom, an outdoor dining hub with wood-fired pizza oven and purpose-built stone-bench kitchen with gas cooktop and a dishwasher, ground floor study, powder room and laundry. Other premium elements include luxurious Australian-made wool carpets, granite countertops, a commercial oven/cooktop, wine fridge, ducted heating and refrigerated air conditioning, alarm system, surround sound, automated self-closing external doors and extra off-street parking for four cars. Positioned to perfection, this exceptional home is close to Woodland & Napier Street Village shops and cafes, Strathmore Station, Citylink, as well as sought-after Strathmore College and Strathmore Primary School.

Listing description written by Joe Zucco, McDonald Upton — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Dishwasher
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
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.