Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Elman Rd
$1,112,000
Last sold
26 Nov 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
374 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
$1,112,000
26 Nov 2022 · derived via latest_sale
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
-16.1%
Median sale
Suburb $1,325,000
+0.49 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 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 $655/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
UnknownArea
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupA perfectly private position at the rear of only one other and beautifully renovated from top-to-toe, this surprisingly proportioned brick home in the heart of Cheltenham sure packs a punch when it comes to quality, attention to detail and a long list of impressive features.
Absolute convenience within moments on foot to Cheltenham Village and train station, buses in any direction; Secure gated private access to the library and park via the back of the property, Southland/DFO, the beach and Bay Trail, and prized school zoning for Cheltenham Primary, Mentone Girls' & Beaumaris Secondary Colleges. The world here is at your feet!
The first time made available to the market, those who appreciate excellent value can expect to be impressed by the premium fittings and creative touches, the incredible sense of space, the sunlit north-facing living and the exceptional outdoor entertaining.
Gorgeous high ceilings, ducted gas heating, split system air conditioning, LED downlights, matte-black tapware/hardware, and a 12 Panel / 3.5kW solar system. Excellent built-in storage, an oversized double remote garage with loft storage plus additional parking in front, a water tank - the list truly goes on and on.
A wide entry hall passing by the first of the 3 sumptuous bedrooms with large robes; the impressive master suite with a split system A/C, walk-in robe and stylish ensuite, and the stunning main bathroom with a bath and a shower, stonetop vanity, separate toilet & laundry.
North-facing wraparound living and dining zones, extra-large and open but separately zoned; and a superb kitchen equipped with generous bench space, banks of storage and a corner walk-in pantry, quality cooking appliances and a dishwasher.
Stepping out through a bank of glass sliding doors to the enticing undercover decked and turf alfresco and garden courtyard with built-in bench seating and high fencing - perfect easy-care entertaining to complement an all-new bayside lifestyle.
Very private, secure, and jam-packed with features, this impressive standalone townhouse is for the young and growing family, busy professional, empty nester, or savvy investor.
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
*As per government regulations, anyone attending a public open home inspection or auction must provide proof of double vaccination and check in via the QR code provided on site.
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.
Victoria 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.