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VIC › Aspendale Gardens › Wells Rd

158 Wells Rd, Aspendale Gardens VIC 3195

House

$1,066,000

Last sold

8 Nov 2025

4

Bedrooms

2

Bathrooms

5

Car spaces

550 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 $1,066,000 (8 Nov 2025).(Recorded sale)
  • FactLand 550 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Aspendale Gardens (last 5 years) with land size: median $2,083/m² of land (n=32). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 (NRZ7) under the ZN.(Vicmap Planning · 1 Sept 2026)

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. 1No 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

$1,066,000

8 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,083/m² of land (n=32). 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

-18.6%

Median sale

Suburb $1,310,000

+0.66 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 scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7

NRZ7

Jurisdiction

Kingston (Vic.)

Kingston (Vic.), VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 1682779

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$1,066,0008 Nov 2025
  2. Listedprice unknowncompleted13 Oct 2025
  3. Listedprice unknowncompleted13 Oct 2025

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?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 553 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 553 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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 Wells Rd →

Listing material

Listed by Area Specialist Victoria

The Brief: Contemporary comfort meets coastal convenience

It's Addressed:

Refreshed to reflect modern trends, this charming family home makes day-to-day life feel effortless for a growing household, residing within a short walk of everyday essentials and close to popular beaches.

Merging traditional brickwork with stylish charcoal accents, the property boasts a wide 20m (approx.) frontage and backs on to a peaceful court, with the generous driveway providing off-street parking for multiple vehicles.

Read the full description

The freshly painted interiors beckon with a harmonious colour scheme, incorporating soft neutral tones and durable floating floors, while the flowing layout is configured with both privacy and connection in mind.

Accommodating formal and casual gatherings with ease, the spacious living/dining room complements the relaxed family/meal zone, which benefits from an open-plan design and seamless outdoor connection.

Great for summer barbecues, the covered patio overlooks the easy-care backyard, while the sizeable drive-through garage is perfect for a tradie, leading to further parking at the rear.

The updated kitchen is where culinary creations come to life, courtesy of a quality 900mm dual fuel oven and matching rangehood, plus there’s ample storage for staple ingredients.

Fitted with a custom walk-in robe, the soothing primary bedroom features a newly renovated ensuite, while the three remaining bedrooms share the contemporary bathroom, which includes full-height tiles, a sleek rainfall shower and separate bath.

Notable finishing touches include ducted heating and reverse cycle air conditioning, solar panels to aid with energy efficiency, an alarm system for peace of mind, day-to-night roller blinds, plush carpet and a useful storage shed.

Ideal for a busy family, the property is located within walking distance of Aspendale Gardens Primary School, Aspendale Gardens Shopping Centre, picturesque reserves and several playgrounds.

It’s also close to St Louis de Montfort’s Primary School, Mordialloc College and Aspendale Station, plus there’s access to surrounding golf clubs, several beaches, Edithvale Wetlands, the Mornington Peninsula Freeway and Nepean Highway.

A smart choice for first homebuyers, investors and young families, this move-in ready home delivers the perfect blend of modern comfort and coastal convenience. Explore the possibilities on offer by contacting us today for a priority inspection.

Property specifications

- Two living zones, four bedrooms, freshly painted throughout

- Modern master ensuite and contemporary bathroom with bath

- Kitchen includes freestanding 900mm oven

- Renovated built-in laundry with outside access, heating and cooling

- Day-to-night blinds, sheer curtains, 24 solar panels (8.8KW), built-in robes, LED downlights

- Alarm and security screen doors, entertainers’ patio, easy-care yard

- Garage with rear roller access, driveway parking, backyard shed

- 8.8 KW solar panels

- Hot water available outdoors – perfect for washing dogs

For more Real Estate in Aspendale Gardens, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

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

Property features

  • Solar Panels
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.