Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Newcomb › Drysdale Ave
$605,000
Last sold
30 Nov 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
665 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
$605,000
30 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Newcomb (last 5 years) with land size have a median of $964/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Newcomb
-3.0%
Median sale
Suburb $624,000
+0.10 pp
Gross yield
Suburb 3.48%
Suburb median $624,000 from 19 recorded sales (last 12 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 $417/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
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Oslo PropertyDefined:
This three-bedroom, single-bathroom family home boasts a sensational location minutes from East Geelong, Eastern Beach and central Geelong, and a spacious and practical layout ideal for a young family or investors. Situated on a substantial allotment of over 664 sqm (approx.) with a large rear yard, this property also has the potential for subdivision (STCA). The comfortable home features three bedrooms, each with built-in robes, a separate lounge off the carpeted entry and a kitchen/dining area overlooking a west-facing sunroom. Wall-to-wall cornered windows in both the master bedroom and the lounge room overlook the neat front garden and flood these rooms with natural light, creating a sense of space and serenity. The central family bathroom is complemented by a separate toilet and laundry off the sunroom. Stroll from here to the Geelong Botanic Gardens and local cafes, and local amenities are a short drive down the road. This home is a perfect start to your property dreams – whether that be as a first home for your growing family or astute investment. Inspect today, you will not be disappointed.
Considered:
Kitchen – Practical kitchen with black stone-look benchtops with a cosy breakfast bar, white cabinetry, Westinghouse appliances and a walk-in pantry, with a large window looking out over the west-facing sunroom.
Dining – Adjacent to the kitchen, the dining area is separate to the lounge. Sizeable area suitable for an eight-seater table.
Lounge – Generous lounge with wide, wall-to-wall cornered windows with sheer curtains, carpet, functional electric heater in a stone-surround mantle plus reverse cycle air conditioning.
Master Bedroom – Large master bedroom with triple built-in robes, carpet, wall-to-wall cornered windows, sheer and block-out curtains.
Additional Bedrooms – Two queen-sized bedrooms with carpet and built-in robes with wide windows.
Main Bathroom – Practical and functional, the main bathroom includes a corner shower, original ‘60s teal blue bath with matching tiles, single vanity and small storage cabinet built into the wall. The toilet is separate.
Outdoors – Neat and tidy low-maintenance front yard with lawn and concrete drive with room for multiple cars. At the rear, there is a large lawn and single lock-up garage with a workshop.
Close by facilities – Geelong Botanical Gardens, Try Boys Basketball Stadium, Geelong High School, many different primary school options, central Geelong, Geelong Hospital.
Ideal for – Couples, investors, young professionals, families
*All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*
Listing description written by Josh McDonald, Oslo Property — reproduced as published, not verified by Districts.