Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
$2,440,000
Last sold
5 July 2024
4
Bedrooms
2
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
$2,440,000
5 July 2024 · derived via latest_sale
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale
+69.7%
Median sale
Suburb $1,437,500
-0.94 pp
Gross yield
Suburb 2.29%
Suburb median $1,437,500 from 39 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 $632/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
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MAK REALTYWelcome to 15 First Ave, Aspendale. Embodying the essence of coastal luxury, this 4-bedroom, 2.5 bathroom designer showpiece promotes excellence at every turn with breathtaking design aesthetics, poolside entertaining and a brilliant family design only meters from the glistening blue of the bay.
Celebrating quality craftsmanship and contemporary style, the home's functional layout is packed with first-class finishes and flaunts a fashionable open plan living and dining zone that's spacious and highlighted by a soaring double height void, floor to ceiling windows to make the most of the naturally lit North facing rear, built-in fireplace and polished concrete slab with in-slab hydronic heating.
The adjoining kitchen is a designer delight, complete with a vouge island breakfast bench, stone benches, double ovens, microwave, coffee machine, gas stove, integrated dishwasher, walk-in pantry and Zip tap.
Adding to the home's luxurious design, sliding doors open onto an entertainer's deck and glistening pool with heat pump and outdoor hot/cold shower, while a parent's retreat sits just outside the master suite and a ground floor home office/5th bedroom/extra living space promotes versatility.
Topped off by the benefits of build-in desks in the retreat and ground floor bedrooms, hydronic heating, recessed split system air conditioning, ceiling fans, multiple skylights, ducted vacuum, built-in speakers, custom cabinetry, 9.6kw solar system with battery, double glazed windows plus a garage with internal access and roof storage and driveway parking space.
THE SPECIFICS
• Open tread solid oak staircase leading to entire upper level parent's domain including engineered oak floorboards, retreat with built-in study desk plus a master bedroom boasting a walk-in-robe with custom cabinetry and dual vanity ensuite flaunting premium fittings.
• Three ground floor bedrooms with designer built-in robes and fitted desks, along with pure wool carpets.
• Fashionable family bathroom with wall hung vanity, heated towel rail and separate powder room.
• Lavish laundry with fitted cabinetry and stone bench.
• Versatile home office/5th bedroom or extra living space.
• Glamorous living and dining that's light filled and accentuated with a double height void, built-in fireplace, speakers and polished concrete slab with in-slab hydronic heating.
• Gourmet kitchen with designer stone benches, double ovens, microwave, coffee machine, gas stove, integrated dishwasher, Zip tap and walk-in pantry.
• Sliding doors onto decked entertaining space and heat pump heated pool with outdoor hot/cold shower.
• Finishing touches include hydronic heating, recessed split system air conditioning, ceiling fans, ducted vacuum, built-in speakers, 9.6kw solar system with battery, double glazed windows plus a garage with internal access and roof storage plus a driveway parking space.
THE LOCATION
• Literally paces from Rossdale Golf Course and ever so quite Aspendale beach.
• Meters from buses and Aspendale train station.
• Near Edithvale Primary and Mordialloc College and three short train stops from Mentone's educational precinct.
• Easy access to shopping facilities and Nepean Hwy.
THE CLOSE
A designer showpiece, 15 First Ave, Aspendale is certain to be the envy of your friends with its first class finishes and quality design that delivers the perfect fusion between indoor and outdoor entertaining. The perfect poolside paradise, meters from the beach and moments from Aspendale station.
THE AGENTS
Claude Makdesi | 0405 342 244
Carlos Makdesi | 0401 132 424
Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Claude Makdesi, MAK REALTY — reproduced as published, not verified by Districts.