Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
VIC › Parkdale › Rennison St
$3,410,000
Last sold
29 Oct 2023
5
Bedrooms
4
Bathrooms
3
Car spaces
Districts View
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
$3,410,000
29 Oct 2023 · derived via latest_sale
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Parkdale
+113.5%
Median sale
Suburb $1,597,500
-0.99 pp
Gross yield
Suburb 1.87%
Suburb median $1,597,500 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6
NRZ6
Jurisdiction
Kingston (Vic.)
Kingston (Vic.), VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6 · NRZ6 (ZN). Official parcel area about 718 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.
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 718 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT 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
No advertised rent is recorded. Suburb median rent $574/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6 · NRZ6 (ZN). Official parcel area about 718 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
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?
KnownlowOfficial parcel about 718 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupFilled with breathtaking lifestyle appeal from the stunning poolside alfresco setting right up to the rooftop terrace with spectacular 180 degree water views, this executive residence - just doors to the beach - is one that will make you simply say 'Wow'.
Offering an expansive floorplan dedicated to families who love to live life right, the home features a separate lounge with built-in bar as well as the main entertaining zone that connects in with the luxe stone kitchen boasting a long island bench, masses of storage and quality appliances including a Baumatic espresso machine. Huge sliders can be thrown back to connect indoors with the breathtaking deck with a remote louvred pergola and fully-equipped outdoor kitchen that looks out to the turquoise fully-tiled heated pool and spa.
A bathroom out here is ideal for after the pool or when heading back from the beach, while an airconditioned gym adds yet more appeal.
A ground floor ensuite bedroom is an ideal guests suite, but the upstairs master is a site to behold with a huge sitting room of its own and fabulous private terrace - three more bedrooms on this level share a sparkling family bathroom and separate WC then the added surprise is a fully purposed cinema with tiered seating for 12, a built-in screen and projector as well yet another alfresco space to enjoy.
But the literal crowning glory is the rooftop terrace where stunning views from bluff to bluff will form the backdrop for long summer evenings with friends as the sun dips below the horizon. The practicalities of a large laundry, ample storage and a triple remote garage are also on offered together with multiple split systems, ducted vacuum (kitchen kicker) and a secure front courtyard with basketball ring and auto gate.
With highlights that include a gas fireplace, quality drapery and premium floors plus irrigated, ambient lit landscaping and security/CCTV, this standout home is merely 200m the beach, close to bus stops and within moments of the station, cafes & schooling.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Lauren Chambers, Ray White The Bayside Group — reproduced as published, not verified by Districts.