Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
VIC › Sydenham › Picadilly Pl
$920,000
Last sold
27 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
569 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
$920,000
27 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Sydenham (last 5 years) with land size have a median of $1,292/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Sydenham
+21.1%
Median sale
Suburb $760,000
-0.59 pp
Gross yield
Suburb 3.43%
Suburb median $760,000 from 65 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 $502/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
Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RDM Real EstatePositioned within one of Sydenham’s most established pockets, this substantial double-storey home delivers the kind of space and flexibility that continues to hold strong appeal for growing families. Held by its original owners since construction, the home carries a warmth that comes from being thoughtfully built, carefully maintained and genuinely lived in over many years.
The façade makes an immediate impression with its wide frontage, established surroundings and commanding presence, while inside, the layout unfolds in a way that feels both generous and functional from the outset. The entry introduces a formal living and dining domain at the front of the home, where plentiful windows allow natural light to move comfortably through the space and create an inviting setting for entertaining or quieter everyday living.
Continuing further inside, the home opens into its main living zones, where the sitting area, meals space and expansive rear living room spaces connect naturally to one another, allowing the household to spread out without feeling disconnected. The abundance of windows throughout this section of the home continues to draw in natural light, while the scale of the rear living area creates a comfortable setting for both larger gatherings and relaxed day-to-day living.
Positioned centrally within these spaces, the kitchen has been designed with practicality in mind, featuring extensive cabinetry, dishwasher, wall oven and gas cooktop, along with bench space that supports both everyday preparation and larger occasions with ease. The adjoining meals area sits within a light-filled corner of the home, creating an inviting place for casual dining while remaining closely connected to both the kitchen and surrounding living spaces.
A separate home office positioned near the entry provides valuable flexibility for those working from home, studying or needing an additional room that can adapt over time, while the ground floor also incorporates a powder room, full laundry and internal storage positioned comfortably within the overall layout.
Upstairs, the home continues to prioritise family functionality, with four bedrooms arranged around a central retreat and balcony that adds another quiet breakout space away from the main living areas below. The main bedroom includes a walk-in robe and oversized ensuite complete with double vanity, spa bath and separate shower. The remaining bedrooms are each fitted with walk-in robes and are serviced by a central bathroom with separate bath and shower, creating a layout that comfortably supports larger or growing families.
Stepping outside, the backyard offers a balance of open lawn and paved entertaining areas, creating a setting that feels established, usable and easy to enjoy throughout the seasons. A large covered outdoor entertaining area extends directly from the home and provides substantial room for gatherings, outdoor dining or everyday use regardless of weather, while the surrounding yard still leaves space for children, pets or future garden enhancement over time.
Additional features include ducted heating, split-system cooling, ducted vacuum system, floorboards throughout the upper level, tiled flooring downstairs, strong insulation, remote double garage with internal access, additional off-street parking and a brick upper rear construction upgrade completed during the original build, contributing to the home’s solid feel and long-term durability.
Set within walking distance of Watergardens Shopping Centre and train station access via nearby walking connections, while also positioned close to local parklands and surrounding amenities, the location complements the home’s family-focused design with convenience that continues to support everyday living long after move-in day.
All information provided has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. Interested parties should make their own enquiries and seek independent advice. Please visit https://shorturl.at/KuhJW for the CAV Due Diligence Checklist.
Listing description written by Ray Mirza, RDM Real Estate — reproduced as published, not verified by Districts.