Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Gowanbrae › Gowanbrae Dr
$1,226,000
Last sold
21 June 2025
5
Bedrooms
3
Bathrooms
6
Car spaces
424 m²
Land
Districts View
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
$1,226,000
21 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Gowanbrae (last 5 years) with land size have a median of $2,394/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Gowanbrae
+13.0%
Median sale
Suburb $1,085,000
-0.32 pp
Gross yield
Suburb 2.75%
Suburb median $1,085,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Merri-bek
Merri-bek, VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 425 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.
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. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT PLAN OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 425 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
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT PLAN OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Frank Real EstateEvery so often, a home comes along that's not just well-designed—it's beautifully considered in every detail. A home that feels both luxurious and welcoming. One that blends architectural flair with family functionality in a location that's second to none.
Welcome to your future at 159 Gowanbrae Drive, where timeless elegance meets everyday practicality. This is more than just a house—it's a lifestyle upgrade for the family who wants it all.
A Prime Location with Unmatched Convenience
Set on the grand Gowanbrae Drive, this residence enjoys one of the suburb's most enviable positions. You'll love being steps from:
• Bus stops and local shops
• Early learning & community centres (right across the road!)
• Freeways, Melbourne Airport, and elite schooling
• Gowanbrae Skatepark, multi-courts & Moonee Ponds Creek Trail
• Westfield Airport West & Essendon DFO just minutes away
Whether it's school drop-offs, shopping trips, or weekend adventures, everything is at your fingertips.
Curb Appeal to Impress
From the moment you arrive, the Georgian façade, sweeping manicured gardens, and paved driveway make a lasting impression. This home feels special—because it is.
A Warm Welcome Inside
Step into a grand foyer and let the richness of Jarrah hardwood floors and provincial-style timber staircase set the tone. The sunken formal lounge provides an elegant yet cozy space to relax or entertain, while a dedicated home office or 5th bedroom on the ground floor offers flexible living options for guests or multigenerational families. At the heart of the home is an expansive open-plan kitchen, meals, and family zone—all under stunning high ceilings. This light-filled space opens to the beautifully landscaped low-maintenance backyard, perfect for both everyday living and grand entertaining.
Outdoor Entertaining at its Finest
Enjoy year-round entertaining under the wraparound undercover deck complete with inbuilt sink—a true alfresco haven. Let the kids run free on the lush green lawn or dream big and drop in the pool you've always wanted. This backyard is built for lifestyle.
A Kitchen That Delivers Both Style and Functionality
• Stone benchtops and premium appliances
• Traditional provincial white cabinetry & subway splashbacks
• Double pantry, large breakfast bench, and light filled dining
Perfect for casual family meals or formal entertaining, this space brings everyone together.
Upstairs Retreat
All four bedrooms are king-sized with built-in robes and brand-new plush carpets. The master suite boasts a walk-in robe and private ensuite, while the upstairs rumpus/living area opens to a private balcony with sweeping views—the ideal kids' retreat or cozy escape.
Additional Luxury Features:
• Ducted heating throughout
• Stone benches across kitchen, laundry, and bathrooms
• High ceilings with ornate cornices
• Plantation shutters
• Designer bathrooms with provincial styling
• Double remote garage with internal access + drive-through access for a further 2 undercover spaces + 2 additional driveway spaces (6 off-street in total)
• Flourishing fruit trees: Olive, Plum, Lemon, Lime & Loquat
• Ample internal storage including broom & under-stairs cupboards
• Premium appliances including dishwasher
This extraordinary home combines the best of architectural flair, timeless finishes, and functional family living in one of the northwest's most exclusive pockets.
Whether you're upsizing, relocating, or simply seeking a lifestyle upgrade, this is the one you've been waiting for.
Don't miss your chance—inspect today and experience luxury like never before.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Frank Squatrito, Frank Real Estate — reproduced as published, not verified by Districts.