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VIC › Mckinnon › Adelaide St

14/3 Adelaide St, Mckinnon VIC 3204

For saleTownhouse

$910,000–$1,000,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $910,000–$1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $910,000–$1,000,000(Listing record · 21 June 2026)
  • CalculationAsk is 50% below the Mckinnon median recorded sale ($1,823,500, n=6, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mckinnon's advertised median rent ($683/wk), implied gross yield would be 3.90% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$910,000–$1,000,000

Asking range

No recorded sale for this property.

Mckinnon at a glance

7,692

People

$1,823,500

Median sale

$683/wk

Median rent

1.95%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Mckinnon report →

Vs Mckinnon

-50.1%

Median sale

Suburb $1,823,500

+1.95 pp

Gross yield

Suburb 1.95%

Suburb median $1,823,500 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$910,000
Stamp Duty (Victoria)
$49,670
Transfer/Registration Fee
$2,234
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$965,604

$55,604 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mckinnon's advertised median rent — not a rent for this listing.

Net yield
2.40%
Annual cashflow (pre-tax)
$-25,454
Interest cover (DSCR)
0.46
Annual rent
$35,516
Operating expenses
$13,650
Loan amount
$728,000
Annual interest
$47,320
Gross yield
3.90%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$910,000–$1,000,000available21 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $683/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mckinnon in one glance

Mckinnon at a glance

7,692

People

$1,823,500

Median sale

$683/wk

Median rent

1.95%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Mckinnon report →

Keep researching

  • Why Mckinnon? Read the area thesis →
  • What else is on the market in Mckinnon →
  • Other records on Adelaide St →

Listing material

Listed by Ausfortune Property Group

Prized McKinnon School Zone, Walk to Station, Shops & Cafés

Perfectly positioned in the highly sought-after McKinnon Primary School and McKinnon Secondary College zones, this beautifully presented three-bedroom townhouse delivers the complete McKinnon lifestyle package - school-zone appeal, modern low-maintenance living, and everyday convenience within walking distance to McKinnon Station, local shops, cafés and village amenities.

Privately set within a boutique residential setting, the home immediately impresses with its warm timber flooring, clean architectural lines and light-filled open-plan living and dining domain. Full-height glazing draws natural light into the main living area, while the seamless connection to the private rear patio creates an inviting space for relaxed indoor-outdoor living and entertaining.

At the heart of the home, the contemporary kitchen is appointed with stone benchtops, gas cooking, quality appliances, excellent storage and a large island bench, offering both style and practicality for modern family living.

Read the full description

Accommodation is thoughtfully arranged across the upper levels, with three well-proportioned bedrooms, built-in robes and excellent natural light. The master bedroom enjoys its own ensuite and private balcony, while the central bathroom includes a full-sized bath, separate shower and modern finishes. A ground-floor powder room adds further everyday convenience.

The lifestyle location is a true highlight. Families will appreciate being within the prized McKinnon school zones, with McKinnon Secondary College approximately 600m away and McKinnon Primary School approximately 1.1km away. Commuters will love the easy walk to McKinnon Station, while local shopping, cafés, eateries, parks and daily amenities are all close at hand.

Additional features include split-system heating and cooling, timber flooring, quality carpets, recessed lighting, private patio, balcony and secure garage parking.

An outstanding opportunity for families seeking school-zone security, professionals wanting effortless modern living, investors targeting a blue-chip rental location, and downsizers who refuse to compromise on lifestyle.

Key Features

Zoned for McKinnon Primary School and McKinnon Secondary College

Approximately 600m to McKinnon Secondary College

Approximately 1.1km to McKinnon Primary School

Easy walk to McKinnon Station

Walk to local shops, cafés, eateries and village amenities

Stylish three-bedroom townhouse in a boutique setting

Spacious open-plan living and dining area

Contemporary kitchen with stone benchtops and island bench

Gas cooking, quality appliances and excellent storage

Private rear patio for low-maintenance outdoor entertaining

Master bedroom with ensuite and private balcony

Central bathroom with bathtub and separate shower

Ground-floor powder room

Split-system heating and cooling

Timber flooring, quality carpets and recessed lighting

Secure basement parking

Strong appeal for families, professionals, downsizers and investors

Auction

Saturday 18 July at 11:00am

Disclaimer

All information has been provided in good faith and is for general marketing purposes only. Ausfortune Property does not warrant the accuracy of any information, measurements, floorplans, images, school zoning, outgoings, distances, walking times or property details. Interested parties must make their own enquiries and rely on their own due diligence. All measurements, dimensions, floorplans, distances and areas are approximate and for illustrative purposes only. Images may include styling, digital furniture or editing for presentation purposes. School zoning and education information should be independently verified by purchasers via the relevant government or school authority, including the Victorian Government Find My School website. The property is sold subject to the Contract of Sale, Vendor Statement and auction terms.

Listing description written by John Chen, Ausfortune Property Group — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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