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VIC › Parkville › The Ave

164 The Ave, Parkville VIC 3052

House

$3,950,000

Last sold

17 July 2021

5

Bedrooms

4

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $3,950,000 (17 July 2021).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$3,950,000

17 July 2021 · derived via latest_sale

Parkville at a glance

8,053

People

$1,768,888

Median sale

$584/wk

Median rent

1.72%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Parkville report →

Vs Parkville

+123.3%

Median sale

Suburb $1,768,888

-0.95 pp

Gross yield

Suburb 1.72%

Suburb median $1,768,888 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$3,950,00017 July 2021
  2. Listedprice unknowncompleted25 June 2021
  3. Listedprice unknowncompleted25 June 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $584/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Parkville in one glance

Parkville at a glance

8,053

People

$1,768,888

Median sale

$584/wk

Median rent

1.72%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Parkville report →

Keep researching

  • Why Parkville? Read the area thesis →
  • What else is on the market in Parkville →
  • Other records on The Ave →

Listing material

Listed by Barry Plant Essendon

Magical beauty on lifestyles doorstep.

SALE BY SET DATE - CLOSES TUESDAY 27TH JULY AT 5:30PM (UNLESS SOLD PRIOR)

Innovative living, meticulous detail, entertaining flair and enchanted garden landscaping are showcased by this supremely appointed five bedroom, four ensuite, dual living residence boasting Royal Park Golf Course and Melbourne Zoo environs. Impressive, with an understated elegance, this quality built and designed home by award-winning Peddle Thorp Architects enjoys opulent open plan living, dining zones featuring spectacular world crystal chandelier, integrated Bang & Olufsen sound system and seamless connection to wraparound alfresco zones. Surrounded by magnificent gardens, with water feature, garden lighting, watering system, mature fruit trees, weeping elm, gardenias and magnolias, you’ll also be delighted by a large rooftop entertainment deck, influenced by prized New York based Todd Haiman sustainable garden designer, offering plumbed-in outdoor gas barbeque kitchen, established self-sufficient garden beds and clever seating/storage options. European style gourmet kitchen, with Miele appliances, stone counters and butler’s pantry with masses of storage, is an entertainer’s dream. Five superbly appointed bedrooms, four with ultra-modern ensuites and either walk-in or built-in-robes, are inspired by five star luxury hotels. The master is especially luxurious featuring mood lighting, triple automated blinds, dressing room, ensuite with freestanding bath and private balcony with city views where you can hear the animals at the zoo and watch the birds and golfers at the ninth hole! Luxuries include retreat, two guest powder rooms, vast storage/shed, zoned heating and cooling, ducted vacuum, security system/intercoms, solar electricity/storage battery, automated double garage with industrial shelving and much more. Metres to leading universities, major hospitals, Lygon Street cafés, shops, Princes Park, elite schools, trams, trains and the CBD.

Listing description written by Caleb Venneri, Barry Plant Essendon — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Intercom
  • Remote Garage
  • Solar Panels
  • Toilets: 6
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.