Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
$635,000
Last sold
23 Nov 2020
3
Bedrooms
1
Bathrooms
4
Car spaces
832 m²
Land
122.5 m²
Building
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
$635,000
23 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Monash (last 5 years) with land size have a median of $1,221/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Monash
-27.8%
Median sale
Suburb $880,000
+1.03 pp
Gross yield
Suburb 2.66%
Suburb median $880,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $450/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. Nearby development applications are not loaded for this property. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McCann PropertiesIf you are looking for convenience, the location doesn't get better than this. Within walking distance to a variety of local schools, Erindale Shopping Precinct and bus stop, this property is sure to appeal to a family looking for a solid home, in a quiet cul-de-sac street with potential plus.
Very well looked after, this home has been cherished by the current owners for almost thirty years. Featuring three bedrooms, separate living areas and a great outdoor entertaining area, the home is perfectly liveable as is, and provides a great canvas to update over time and add your own style.
The generous floorplan sees the living areas segregated from the bedrooms for privacy. The original kitchen is functional with plenty of storage, a large pantry and electric cooking. Overlooking the meals and adjoining family room, you can watch the kids playing while you cook. Entertaining will be a breeze year-round, with direct access outside, to the fabulous, semi enclosed, covered pergola.
In addition, there is a second living space provided by the sunken L-shaped lounge and dining area. With plenty of room to furnish as you please, you can create a great living area with space for an extended family dining table or even a study desk if you choose. The home is sure to be comfortable year-round with the added bonus of evaporative cooling and ducted gas heating.
With three generous bedrooms, two of which feature built in robes, there is plenty of room for a family, no matter the shape or size. The family bathroom is centrally located and roomy with a modern vanity, shower and freestanding bathtub.
Occupying a generous, 832sqm block, the backyard is spacious with level lawns and established rose bushes. Kids and pets are free to play safely as the yard is fully enclosed and secured by Colorbond fencing. There is a garden shed plus a large double garage with attached double carport, providing car accommodation for up to four cars. There is plenty of additional off-street parking in the driveway.
• Well looked after, original three bed home
• Practical floorplan with multiple living areas
• Functional kitchen with plenty of storage
• Three bedrooms, two with built in robes
• Evaporative cooling and ducted gas heating
• Fabulous, semi enclosed, covered pergola
• Double garage with attached double carport
• Great location, walk to schools and Erindale
Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.