Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$1,356,000
Last sold
31 July 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
979 m²
Land
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
$1,356,000
31 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Vale Park (last 5 years) with land size have a median of $1,955/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Vale Park
+1.2%
Median sale
Suburb $1,340,000
-0.03 pp
Gross yield
Suburb 2.48%
Suburb median $1,340,000 from 11 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $640/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCAuction Sat, 31st Jul - 9.45am
If all you see is a tired 3-bedroom home in need of some TLC, you aren't looking deep enough into what could be of its wide-fronted parcel with 979sqm approx of potential between peaceful Linear Park and Vale Park Primary School. Falling under the newly-created 'General Neighbourhood' zoning guidelines, that frontage could (STCC) equate to anything from two detached dwellings to a group of three (STCC). Or is this the site for one big, beautiful forever home in a suburb that becomes more desirable - and valuable - by the day?
With multiple living zones and extensive garaging/storage, there's very little stopping you from releasing the existing home to a highly competitive rental market, giving you more time to plan the next move for a property that neighbours Walkerville's elite schools and buzzing cafe scene, all just 10 minutes from the CBD. What do you see?
- Enviably placed on a quiet street amongst other large homes/parcels
- Walking distance from the Linear Park trail - for easy bike access to the CBD and metro coast
- Moments from Paradise Interchange
- Just a short drive from St Andrews School, Walkerville Oval and the cafes/shopping of Walkerville Terrace
- Carport, two garages and garden/storage shed
- Flexible floorplan with up to three bedrooms, each with built-in storage, plus a large rear rumpus room
- Walking distance from public transport
- All developments subject to council consent. Please refer to zoning guidelines for more information
CT Reference - 5640/943
Land Size - 979 m² approx
Total Build area - 279 m² approx
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 286513
Listing description written by James Robertson, OC — reproduced as published, not verified by Districts.