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VIC › Aspendale Gardens › Branagan Dr

15 Branagan Dr, Aspendale Gardens VIC 3195

House

$658,000

Last sold

16 Mar 2016

3

Bedrooms

2

Bathrooms

1

Car spaces

554 m²

Land

17 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $658,000 (16 Mar 2016).(Recorded sale)
  • CalculationLand 554 m² against a 17 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Aspendale Gardens (last 5 years) with land size: median $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$658,000

16 Mar 2016 · derived via latest_sale

Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.

Aspendale Gardens at a glance

6,547

People

$1,310,000

Median sale

$732/wk

Median rent

2.91%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale Gardens report →

Vs Aspendale Gardens

-49.8%

Median sale

Suburb $1,310,000

+2.87 pp

Gross yield

Suburb 2.91%

Suburb median $1,310,000 from 7 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$658,00016 Mar 2016
  2. Listedprice unknowncompleted26 Feb 2016
  3. Listedprice unknowncompleted26 Feb 2016

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 $732/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

Aspendale Gardens in one glance

Aspendale Gardens at a glance

6,547

People

$1,310,000

Median sale

$732/wk

Median rent

2.91%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale Gardens report →

Keep researching

  • Why Aspendale Gardens? Read the area thesis →
  • What else is on the market in Aspendale Gardens →
  • Other records on Branagan Dr →

Listing material

Listed by Area Specialist Victoria

Under Contract

Located in the peaceful, bayside suburb of Aspendale Gardens, this family residence provides a gateway to some fantastic coastal fishing and beaches, and sits within close proximity to local golf courses/parklands, great local schools, village shopping and transport/major arterials. Substantial in size and sitting on a 555sqm block, this home provides the best in relaxed, low maintenance living with large open plan family lounge, meals and kitchen, plus, an additional formal lounge for more elegant entertaining. With great connection to the outdoors, the casual lounge opens through to the undercover pergola and expansive rear yard providing plenty of opportunity for alfresco entertaining and more than enough room for kids/pets and a fabulous veggie patch! Comprising of three robed bedrooms (Master with WIR & ensuite), full family bathroom with separate toilet and laundry facilities, additional highlights include: ducted heating/cooling, shed, single car garage and an extended drive with space for off-street parking. A fabulous place to call home? Make your enquiry today!

- Spacious o/plan family lounge, meals and kitchen domain opening out to an undercover pergola and expansive rear yard

- 3 robed bedrooms, Master serviced by WIR?s & ensuite, full family bathroom, separate toilet & laundry facilities

Read the full description

- Ducted heating and evaporative cooling

- Large front & rear yards with minimal maintenance

- Shed & single car garage with additional off-street parking on driveway

- Great central location, close to local schools, shopping, golf course/parklands, beaches & transport/arterials

Additional Info:

Age of property: 23 year approx.

Land size: 554m2 approx.

House size: 17 sqs

Heating: Ducted

Cooling: Ducted

Council Rates: $1,800 per annum approx.

Chattels: All fittings and fixtures as inspected

Deposit terms: 10% of the purchase price

Preferred Settlement: 60- 90 days

Potential Rental Return: $460 per week approx.

What the vendors love about the house: Undercover pergola

Aspendale Gardens Amenities:

Nearest Primary School: Aspendale Gardens (Zoned), St Louis de Montfort?s Parish (Zoned), Edithvale, Chelsea Heights, Haileybury College and Lighthouse Christian College.

Nearest Secondary School: Parkdale (Zoned), St Bede?s College (Zoned), Mordialloc College, Haileybury College and Lighthouse Christian College.

Nearest Kindergartens: Aspendale Gardens, ABC Learning and Playmates Early Learning.

Nearest Transport: Edithvale and Aspendale Train Stations.

Bus routes: 708 Carrum - Hampton, 709 Mordialloc - Waterways via Governor Rd, 902 Chelsea ? Airport West (SMARTBUS Service).

Nearest Recreation: Edithvale Beach, Edithvale Wetlands, Mordialloc Creek Walking Trail plus numerous parklands and walking tracks.

Other Amenities: Aspendale Gardens Community Centre, Aspendale Gardens Shopping Centre (inc. Ritchies SUPA IGA Supermarket, Local Take Away, Bakery, Chemist, Gym, Newsagency, Bank and Fruit/Vegetable). Mitre10, Dentist, Physio, Chiropractor, Medical Centre, Veterinary Hospital, 7eleven, McDonald, KFC, Michelangelo, Chelsea Heights Hotel, Mornington Peninsula Freeway. Parkmore and Westfield Southland Shopping Centre.

Listing description written by Andy Choi, Area Specialist Victoria — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Toilets: 2
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.