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.
$4,535,000
Last sold
20 Mar 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
724 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
$4,535,000
20 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Aspendale (last 5 years) with land size have a median of $2,265/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
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
+215.5%
Median sale
Suburb $1,437,500
-1.57 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 scheme
ZN
Zone
PUBLIC PARK AND RECREATION ZONE
PPRZ
Jurisdiction
Kingston (Vic.)
Kingston (Vic.), 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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 723 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. Official parcel about 723 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 723 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?
KnownlowOfficial parcel about 723 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
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
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 OBrien Real Estate Chelsea & SeafordAn unrivaled opportunity to secure a rare crowning jewel on Aspendale's most tightly held residential street is here. This stunning C1930's residence is a landmark property on Bowman Street that exudes a luxury lifestyle with character and charm, and has been lovingly enjoyed by the current family for decades.
Naturally complemented by uninterrupted extraordinary views, streaming light and magical sunsets across the water, this property is perfectly set back to frame the mesmerising outlook onto Port Phillip Bay, Mordialloc Pier and beyond to the glittering, distant lights of the CBD. Situated on 724m2 of BLUE CHIP prime beachfront real estate, there are opportunities abound; an ideal choice for a growing family, an astute investor or even those looking to capitalise in the future potential of securing an absolute beachfront portion of land of this calibre.
Privately concealed, you will enter a tranquil courtyard area and peacefully welcomed into a grand living area, boasting elevated ceilings, woodfire heater and glimpses of the captivating view to come as you continue through the home. The well-appointed kitchen seamlessly adjoins a spacious, open-plan living and dining area enjoying sea breezes and show stopping beach views.
Effortlessly entertain on your generously-sized undercover alfresco deck, lush lawn, and the ultimate direct beach access onto one of the most private sections of Aspendale Beach through your very own secluded gate.
The immaculate master bedroom is ideally situated to rest with the soothing sounds of the bay, while a further three bedrooms at the rear of the property are serviced by a central bathroom. A home office, 2 single & a double garage plus workshop area, not to mention beautiful original features and ducted heating and cooling throughout complete the home.
This captivating property perfectly blends the beautiful history of the original home with new-age comforts and is truly an exclusive opportunity for the area. Located a mere few metres from the iconic Doyles Hotel and The Bridge Bar & Cafe and just a short stroll across the historical creek to the Mordialloc Shopping Village. The owners are absolutely committed to selling and this property is guaranteed to exceed your expectations. Contact Stavros Ambatzidis today to register your interest.
Listing description written by Stavros Ambatzidis, OBrien Real Estate Chelsea & Seaford — reproduced as published, not verified by Districts.