Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
VIC › Spotswood › Mcneilage St
$1,005,000
Last sold
14 Oct 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
520 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
$1,005,000
14 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Spotswood (last 5 years) with land size have a median of $2,390/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Spotswood
-3.8%
Median sale
Suburb $1,044,500
+0.12 pp
Gross yield
Suburb 3.22%
Suburb median $1,044,500 from 24 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 $646/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
Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jas Stephens Real Estate• Enviably positioned family home offering a walk-to-everything lifestyle in the heart of sought-after Spotswood
• Renovate, extend or develop (STCA)
• Three bedrooms, two with built-in robes
• Kitchen/meals + large living room + formal dining room + study
• Generous bathroom + large laundry
• Generous back garden with rear access from Ramsay Street
Offering an outstanding opportunity for renovators and developers, this ideally situated solid-brick home is set on 520 sqm* in one of Spotswood’s most coveted lifestyle pockets.
Rear access and the generous allotment invite the exciting prospect of a dual occupancy development (STCA), while those looking to create their dream home will see the potential for renovation and extension or a knockdown/rebuild.
The existing home is ready for a comprehensive makeover and offers three spacious bedrooms and interconnected living areas ideal for family life. The large entry hall invites you to relax in the living room, kept comfortable by split-system air-conditioning and a cosy gas heater. The living room flows effortlessly into the adjoining formal dining room, with the combined kitchen/meals room offering a charmingly retro kitchen and space for casual dining. The study will delight those working from home, while the spacious bathroom and separate laundry add extra family appeal.
Outside a large back garden awaits, while the secure garage accessible via Ramsay Street and the carport at the front of the property promise easy off-street parking.
Why you’ll love this location:
A superb family lifestyle and enviable access to the best of the Inner West await in this fabulous location, with every convenience within walking distance and the CBD just 10.1km* from home.
Walk to Spotswood Village in six minutes* to enjoy its inviting cafes and boutiques and stroll to Hall Street’s shops and eateries in 14 minutes to enjoy its ‘hidden village’ atmosphere and the convenience of Newport Station.
The kids will love living around the corner from the fabulous Craig Street Reserve, a three-minute* stroll from home, while the 11-minute* walk to the waterfront ensures easy access to Grazeland and the Bay Trail.
Walking distance proximity to Spotswood Primary School adds extra appeal for families, with Bayside College’s Williamstown campus an easy bus ride away for the big kids.
Nearby freeway access ensures a swift drive into the CBD or walk to Spotswood Station in four minutes* for regular city-bound trains.
*Approximate
Listing description written by Tate Moore, Jas Stephens Real Estate — reproduced as published, not verified by Districts.