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VIC › Malvern East › Serrell St

12 Serrell St, Malvern East VIC 3145

House

4

Bedrooms

2

Bathrooms

2

Car spaces

650 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 650 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Malvern East (last 5 years) with land size: median $2,845/m² of land (n=16). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2 (HCTZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO358) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO358) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Malvern East (last 5 years) with land size have a median of $2,845/m² of land (n=16). Districts calculation from recorded sales — not a valuation.

Malvern East at a glance

24,390

People

$1,550,000

Median sale

$605/wk

Median rent

2.03%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Malvern East report →

Planning

Planning and development

Planning scheme

ZN

Zone

HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2

HCTZ2

Jurisdiction

Stonnington

Stonnington, 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: 31 Aug 2026
  • Version: 1
  • Parcel: 506777

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

Detected — official

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

Property history

  1. Soldprice unknown22 Oct 2022
  2. Listedprice unknowncompleted28 Sept 2022
  3. Listedprice unknowncompleted28 Sept 2022

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 HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2 · HCTZ2 (ZN). Official parcel area about 652 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.

What could kill that thesis?

Confidence: medium

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 652 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO358); DEVELOPMENT CONTRIBUTIONS PLAN 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $605/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.

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

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 652 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO358); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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 HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2 · HCTZ2 (ZN). Official parcel area about 652 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

    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?

    Knownmedium

    Official parcel about 652 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO358); DEVELOPMENT CONTRIBUTIONS PLAN 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

    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

Malvern East in one glance

Malvern East at a glance

24,390

People

$1,550,000

Median sale

$605/wk

Median rent

2.03%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Malvern East report →

Keep researching

  • Why Malvern East? Read the area thesis →
  • What else is on the market in Malvern East →
  • Other records on Serrell St →

Listing material

Listed by Ray White Balwyn

A timeless beauty with designer panache

Showcasing irresistible heritage charm and beautiful period features, this double-brick c1917 Californian Bungalow is a family treasure focused on contemporary lifestyle desires.

Journey beyond the tessellated tile verandah and entry hall to be swept away by the romance of lovely leadlight, open fireplaces and stunning polished floorboards. Configured with four bedrooms and two bathrooms, everyone will be thrilled by the peace and privacy offered by the attractive lounge with bay window and the wonderfully bright library/study.

Luxuriously renovated and ready to host the finest parties, the open-plan dining and family room is a vast space which spills outside via French doors to an under-cover alfresco and perfectly landscaped garden. Draped in stone and fitted with glamorous cabinetry, the provincial-style kitchen is a chef's dream, featuring a Falcon black-enamel cooker and a French-made Chambord farmhouse sink.

Read the full description

The master bedroom with walk-in robe and heritage-style ensuite with clawfoot bath boasts convenient garden access. Other highlights include a powder room, ducted heating, split system air-conditioners, an auto garage with storage and automatic front gates.

Near many excellent schools including Glen Eira College and Murrumbeena Primary School, walk to Carnegie or East Malvern train stations. Close to Monash University, Caulfield Racecourse and Chadstone Shopping Centre.

Listing description written by Jie Zhang, Ray White Balwyn — 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.