Melbourne at a glance
74,776
People
No data
Median sale
$639/wk
Median rent
No data
Suburb gross yield
$627,500
Last sold
14 Aug 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
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
$627,500
14 Aug 2024
Melbourne at a glance
74,776
People
No data
Median sale
$639/wk
Median rent
No data
Suburb gross yield
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 $639/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
Melbourne at a glance
74,776
People
No data
Median sale
$639/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Belle Property ArmadaleExperience the pinnacle of Melbourne living in this exceptional 14th floor apartment nestled within the prestigious "Emerald" complex with stunning views across Albert Park Lake to Port Phillip Bay. Flaunting an outlook that promises to captivate, quality finishes, thoughtful design elements and a generous floorplan, this residence offers a lifestyle of unparalleled sophistication and convenience.
Entertain guests or unwind in the open lounge and dining area, seamlessly connected to the modern kitchen featuring sleek white stone benchtops, tiled splashbacks, plentiful storage and stainless steel Miele appliances including a gas cooktop and Dishdrawer dishwasher. The interplay of light and space throughout the area creates a welcoming ambiance that is further enhanced by warmth and comfort of engineered timber floors, feature wall panelling and a window wall of glazing sliding open to an impressive undercover terrace with mesmerising Melbourne views taking in sensational sunsets over the Bay.
The main bedroom features a wall of built-in robes, ensuite bathroom access and an integrated desk with peaceful Albert Park Lake views. The second bedroom also features built-in robes and scenic views, while the stylish central bathroom with separate powder room exudes a sense of contemporary elegance with its crisp white palette.
Appointments include split system heating and cooling, intercom system, European laundry, basement car space and storage cage.
Outside, the allure of the "Emerald" extends with its stunning private rooftop garden, inviting residents to escape city life and unwind in a serene oasis with views of the city skyline and The Shrine Of Remembrance. Residents can also enjoy the communal pool and barbecue facilities, perfect for gatherings and relaxation.
Located in a prime position, this home offers easy access to cafes, public transport options, parklands, and walking/cycling trails, making it a haven for those seeking a harmonious blend of city conveniences and natural surroundings. With major arterials easily accessible, connectivity to the wider city is seamless.
Embrace a lifestyle of easy living excellence and city sophistication at the "Emerald" where every moment is infused with luxury, comfort, and style.
Every care has been taken to represent the property accurately. Prospective purchasers are advised to inspect the property. These images are a representation only.
Listing description written by Michel Swainson, Belle Property Armadale — reproduced as published, not verified by Districts.