Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Geelong West › Spring St
$660,000
Last sold
18 Mar 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
166 m²
Land
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
$660,000
18 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Geelong West (last 5 years) with land size have a median of $2,435/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong West
-25.0%
Median sale
Suburb $880,000
+0.92 pp
Gross yield
Suburb 2.75%
Suburb median $880,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
COMMERCIAL 2 ZONE
C2Z
Jurisdiction
Greater Geelong
Greater Geelong, VIC
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.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (Vicmap Planning, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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 COMMERCIAL 2 ZONE · C2Z (ZN). Official parcel area about 170 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. The listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. 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 $466/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 COMMERCIAL 2 ZONE · C2Z (ZN). Official parcel area about 170 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. 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
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyOnly moments walk to the Geelong Railway Station, Waterfront and CBD including top dining and entertainment on Little Malop Street and manicured gardens on Johnstone Park. Spring Street intersects Pakington Street - famous for coffee, shopping boutiques and some great pubs. This is the ultimate entry into inner city living in Geelong.
Live in or let out the gorgeous 2-bedroom weatherboard house that will be highly appealing to multiple categories of tenants including Inner city professionals, young families, singles and Deakin University waterfront students paying a premium to be walking distance to campus. Hold the land as an exceptional site for a future luxury townhouse development (STCA) or renovate behind the existing character façade.
Updates have been completed on the kitchen and bathroom with freshly polished boards sparkling as you walk in. 2 large bedrooms have plenty of natural light and offer space for desks or additional robes. A secure shed for bikes, boards and extra storage has been well constructed on a concrete slab with power. In addition, a secure off-street park with convenient side automatic roller door access off the corner block. Private outdoor spaces at the front and rear of the house are perfect for entertaining and the low maintenance backyard has functional security for pets. This inner city gem will not last long - plenty of options in a highly sought after location. Contact Tom today for an inspection.
Potential rent return at $365 - $385 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.
• QR code check-in is now a Victorian Government requirement at all open for inspections and auctions.
Listing description written by Tom Luxton, Gartland Property — reproduced as published, not verified by Districts.