Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$565,000
Last sold
26 May 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
190 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$565,000
26 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Geelong (last 5 years) with land size have a median of $2,390/m² of land (n=20). Districts calculation from recorded sales — not a valuation.
Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong
-55.2%
Median sale
Suburb $1,260,000
+2.39 pp
Gross yield
Suburb 1.95%
Suburb median $1,260,000 from 5 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $472/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.
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
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?
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
Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyThis inner-city cottage is ripe for reinvigoration. Set on 190sqm, with its favourable setback and side parking access, the compact floorplan is a creative use of space, and it offers an easy footprint to work with. There is no hiding from the fact that the home needs maintenance and renovation, but it offers extraordinary scope and potential. The property is perfectly positioned to capitalise the high short term accommodation demand, it makes for a captivating inner-city home, and it boasts significant potential to redevelop and build a new home on. The property is within 200metre of the Geelong Waterfront and is moments from the thriving Pakington Street Café precinct and minutes from the array of restaurants in the Geelong CBD. The simple configuration of the floor plan includes 2 bedrooms, lounge, kitchen, bathroom, an external laundry, and a north facing rear aspect. The home offers off street parking, a recently added split system, a generous main bedroom, and scope to add value and personalise to suit. Please note if the properties are sold to separate buyers, fences to reflect the new title boundaries will be erected prior to settlement.
Potential rent return at $310 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
To protect the health and safety of all Gartland Property staff and clients, and in line with current COVID-19 updates, you will be asked to adhere to the current Victorian restrictions when inspecting this property.
These include;
• Keeping 1.5m distance during your visit, where possible.
Listing description written by Nathan Ashton, Gartland Property — reproduced as published, not verified by Districts.
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