Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
$930,000
Last sold
26 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
660 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
$930,000
26 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Grovedale (last 5 years) with land size have a median of $1,131/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Grovedale
+29.6%
Median sale
Suburb $717,500
-0.86 pp
Gross yield
Suburb 3.76%
Suburb median $717,500 from 10 recorded sales (last 24 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 $519/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
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Hayeswinckle NewtownThis sensational family entertainer is the perfect place to create lasting family memories!
New hybrid timber laminate flooring enhances the freshly painted interiors, which create a welcoming ambience from the moment you step inside. The front lounge entices you to sit back and relax, while the open plan living/dining/kitchen zone unites with the alfresco deck for superb entertaining options. So why not light up the built-in BBQ as you entertain loved ones on the covered deck? Or spend a fun-filled evening soaking in the spa? Lush lawn surrounds this stunning outdoor setting, while the sunken firepit inspires laidback nights under the stars.
The kitchen is beautifully appointed with stone waterfall benchtops, gloss cabinetry and stainless-steel appliances (dishwasher, wall oven, brand-new gas cooktop). The impressive island bench conveniently doubles as a breakfast bar for those busy school mornings.
Double doors open onto the main bedroom, which creates a heavenly retreat for parents with a walk-in robe and en suite. Three additional bedrooms (one with walk-in robe, two with built-in robes) share close access to the main bathroom, while the study makes working from home a breeze.
Located in a premier pocket of Grovedale, this home places everything you could need virtually on your doorstep. A short stroll will find you at the Waurn Ponds Shopping Centre, which leaves you spoilt for choice with shopping, dining, and entertainment options. The morning school run is a breeze thanks to Mandama Primary School and Nazareth Catholic Primary School within walking distance. The Waurn Ponds Creek walking trail is a heartbeat away, along with sporting grounds and the Leisuretime Aquatic & Recreation Centre.
Additional features:
- One-owner residence is in flawless condition throughout
- New door handles further enhance the interiors
- Laundry and garage feature an abundance of storage
- Ducted heating, split-system air conditioner, ceiling fans
- Covered alfresco deck also features shade blinds
- Remote double lock-up garage boasts internal access and rear roller door
- Undercover service courtyard is ideal for trailer storage or a home gym
- Low-maintenance yard is home to garden sheds
- Walk to public transport and the Waurn Ponds Library
- Moments to Grovedale College and the Christian College Campuses
- Close to the Ring Road, Deakin Uni (Waurn Ponds Campus) and Epworth Hospital
Vendor’s Comments:
“It’s wonderful being tucked away in a peaceful location, yet still within walking distance to everything we need. I love spending nights in the spa and then sitting by the fireplace.”
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Ray Rounds, Hayeswinckle Newtown — reproduced as published, not verified by Districts.