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
$1,300,000
Last sold
20 Sept 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
440 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
$1,300,000
20 Sept 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
+19.8%
Median sale
Suburb $1,085,000
-0.46 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 440 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 440 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 Ray White Gladstone ParkOne of Gowanbrae's finest, this modern masterpiece delivers a truly aspirational family lifestyle with its vast and versatile design, first-class features throughout and delightful outdoors to enjoy.
Absolutely one of a kind, this remarkable residence boasts 4 bedrooms (extra-large main with WIR) complemented by a private ensuite and two additional bathrooms - all with stone-top vanities and floor-to-ceiling tiles.
Dual study zones add to the allure, along with a large rumpus/lounge (upstairs) and expansive open living/dining area served by a stone-bench kitchen complete with Bosch cooking appliances, Ariston dishwasher and butler's pantry with 2nd sink.
Other luxuries of the home include high ceilings, double-glazed windows, premium deadlocks, large laundry and under-stair storeroom, along with multi-zoned ducted heating & refrigerated cooling for year-round comfort.
Stacker doors reveal an alfresco entertaining area and delightful backyard with established gardens, Rainbird irrigation system and city skyline views, plus a remote-control double garage with internal entry.
Gowanbrae Community Centre around the corner along with local buses, acres of parkland and the Moonee Ponds Creek Trail, it also offers easy access to Matthews Avenue trams, a choice of freeways and both Westfield and Essendon Fields shopping centres.
A beautiful family home in lovely Gowanbrae!
Land: Approx. 440m2
Settlement: 30-60 days
Auction: Saturday 20th September at 2pm
(unless sold prior)
Phillip Mercieca - 0402 419 827
phillip.mercieca@raywhite.com
Sally Charan - 0430 355 725
sally.charan@raywhite.com
Listing description written by Sally Charan, Ray White Gladstone Park — reproduced as published, not verified by Districts.