Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
VIC › Greenvale › Lobelia Way
$798,888
Last sold
19 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
262 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
$798,888
19 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Greenvale (last 5 years) with land size have a median of $2,100/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Greenvale
-7.1%
Median sale
Suburb $860,000
+0.28 pp
Gross yield
Suburb 3.63%
Suburb median $860,000 from 75 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 $601/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
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA Gladstone ParkTHE FIRST EVER RECORDED HOUSE SALE IN GREENVALE'S "WOODLANDS PARK ESTATE" - PROUDLY SOLD BY JASON PADULA!
Go to Jason Padula Real Estate on Facebook and YouTube for all the campaign highlights!
Built with high-end finishes, style and practicality, herein lies an opportunity for you to create history and purchase the first ever home offered for sale in Greenvale's finest new Estate, boutique “Woodlands Park" (with just 151 house blocks in total!)
Measuring some 20 squares (approx.) the home showcases:
- Long entry corridor
- 4 x bedrooms, all with customized/mirrored robes
- 2 x vogue bathrooms, where you can really “strike a pose”
- Open-Plan rear living/dining zone
- Gourmet kitchen with overhead pendant
- 2 x side courtyards
- Full-width rear yard
- Oversized DOUBLE garage
The very definition of “turn-key”, its long list of features include refrigerated ducted heating + cooling, hybrid floors (bedrooms), tiles (everywhere else), 2.7m ceilings, fitted sheers + roller blinds, striking black textured stone tops, 900mm “Domain” appliances, full width built-in entertainment unit, exposed aggregate driveway + paths, low-maintenance artificial grass, solar (14 panel) system, intercom monitor entry, alarm and the list goes on!
Investors…
Here's the BRAND-NEW opportunity (in a premium pocket of Greenvale, south of Somerton Road) you've been waiting for and the type of Investment the Federal Government rewards MOST with all their new tax reforms.
Note: Rental Potential $725-$735 per week.
In a serene position within the Estate (opposite farmland) the home captures a nightly westerly sunset and provides you with easy “drive in, drive out” access (via Wallangara Road) straight onto Mickleham Road.
Furthermore, with all the necessary NEW HOME warranties in place, you can purchase this terrific package (built by Vicarc Homes) with total confidence and live happily ever after!
Terms: 10% deposit, Settlement 30-45 days
Contact: Jason Padula - 0402 149 436
Like/subscribe to Jason Padula Real Estate on Facebook and YouTube
Listing description written by Jason Padula, YPA Gladstone Park — reproduced as published, not verified by Districts.
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