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VIC › Spotswood › The Ave

143 The Ave, Spotswood VIC 3015

House

$930,000

Last sold

27 Apr 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

479 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $930,000 (27 Apr 2024).(Recorded sale)
  • FactLand 479 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Spotswood (last 5 years) with land size: median $2,390/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$930,000

27 Apr 2024 · 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.

See the full Spotswood report →

Vs Spotswood

-11.0%

Median sale

Suburb $1,044,500

+0.39 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 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. Sold$930,00027 Apr 2024
  2. Listedprice unknowncompleted3 Apr 2024
  3. Listedprice unknowncompleted3 Apr 2024

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 $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.

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

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

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

Spotswood in one glance

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.

See the full Spotswood report →

Keep researching

  • Why Spotswood? Read the area thesis →
  • What else is on the market in Spotswood →
  • Other records on The Ave →

Listing material

Listed by Jas Stephens Real Estate

Unlimited Potential In A Prime Lifestyle Location

• Spacious family home set on a north-facing 479sqm* allotment in a prime city-fringe lifestyle location

• Ready for cosmetic updates with exciting scope for extension (STCA) or development (STCA)

• Three bedrooms, including a generous master with built-in robes

Read the full description

• Family/dining room with split-system heating/cooling

• Kitchen/meals with functional kitchen

• Older-style bathroom with enclosed toilet and adjoining walk-in laundry

• Covered entertaining patio + huge back garden

• Driveway parking

Presenting an outstanding opportunity for renovators and developers alike, this classic Spotswood home is brimming with potential and offers a fabulous family lifestyle enviably close to the city.

Irresistible period character provides the perfect launchpad for a contemporary transformation and extension (STCA), while developers will see the potential for a lucrative multi-dwelling development (STCA).

The existing house boasts a generous single-level floorplan offering multiple living spaces and three bedrooms. The large living/dining room enjoys all-day sun thanks to its north-facing window, while the adjoining kitchen/meals area is well-appointed and perfect for casual dining.

The large bathroom offers an inset bathtub, shower and an enclosed toilet, also accessible from the walk-in laundry, while outside a leafy garden oasis awaits. The covered patio offers an ideal spot for alfresco dining and entertaining, while the enviably spacious back garden will be a dream come true for the kids.

Easy off-street parking adds extra appeal to this potential-packed property.

Why you’ll love this location:

Less than 10km* from the CBD and within walking distance of every convenience, this address is tucked within a family-friendly pocket of sought-after Spotswood.

Walk to the Vernon Street shops and eateries in just seven minutes* or stroll to Spotswood Village to enjoy its bustling cafes, boutiques and eateries.

The new Union Quarter development offers the convenience of Woolworths an easy walk from home, while a six-minute* drive will deliver you to Altona Gate Shopping Centre to enjoy vibrant big-name shopping and a choice of supermarkets.

The kids will love being able to stroll to Edwards Reserve’s beloved ‘Frog Park’ and the superb new playground at McLean Reserve, while parents will appreciate the easy school mornings ahead, with Wembley Primary School and St. Margaret Mary’s Catholic Primary School both an easy stroll from home and Bayside College only seven minutes* away by car.

Enjoy easy freeway access for a swift commute to the CBD or catch the train from nearby Spotswood Station.

*Approximate

Listing description written by Alex Tsimiklis, Jas Stephens Real Estate — reproduced as published, not verified by Districts.

Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.