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.
$955,000
Last sold
7 Oct 2021
2
Bedrooms
1
Bathrooms
2
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
$955,000
7 Oct 2021 · derived via latest_sale
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
-8.6%
Median sale
Suburb $1,044,500
+0.30 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 Ray White AltonaA rare opportunity is presented here to enjoy the charm of a period home whilst benefiting from the convenient central location, connected to closely to all that surrounds it. This 2-bedroom semi-detached Victorian on a generous 322sqm allotment is a great start for first home buyers and a wonderful opportunity for astute investors.
Upon entering, the original hardwood floors lead you down the long wide hallway with high ceilings and decorative arches, providing a sense of period-style elegance. The first spacious bedroom is located to the left of the entrance and comes complete with high ceilings, built-in robes and large window, allowing for plenty of sunlight to brighten the tall space. Second along the hallway is the huge Master bedroom, with fully functional gas log fire place - adding to the ever-so-delightful Victorian charm.
Servicing the two large bedrooms is the beautiful modern bathroom - recently renovated from top to bottom to include floor-to-ceiling tiles, floating double vanity, large shower, separate bathtub and super functional European-style laundry. In contrast to the era of the home, this bathroom serves as sleek centrepiece catering to the demands to the modern family.
The end of the hallway opens up to the large kitchen with stainless steel appliances, walk-in pantry and breakfast bar, flowing through to the open plan dining and living area. Flooded with an abundance of natural light from the north-facing glass doors, the activity hub of the home is bright, spacious and airy - not to mention highly functional. The living area overlooks a beautiful green garden depredated with a gorgeous water feature, with paved area perfect for entertaining, lots of grass for the kids / pets, and a dedicated side-access driveway to easily fit two vehicles, secured by a remote garage door (vehicle entry from Greene Street).
This truly unique home is located in one of Melbourne’s best kept “secret" suburbs - close to the popular Vernon St shops and Hudsons Rd cafes & bakeries, only short distance to Spotswood Train Station and immediate access to the Freeway - where you can drive to Melbourne CBD in under 15 minutes! Additionally, enjoy the perks of nearby Williamstown and Altona Beaches and the neighbouring villages of Newport, Yarraville, and Seddon.
This great home is a perfect blend of old-world charm and modernity, ideally located so close to so much!
To arrange an inspection or for more information, call Andrew Dowton on 0437 300 366 today.
Listing description written by Andrew Dowton, Ray White Altona — reproduced as published, not verified by Districts.