Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
VIC › Parkdale › Rennison St
$1,550,000
Last sold
9 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
605 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
$1,550,000
9 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Parkdale (last 5 years) with land size have a median of $2,306/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Parkdale
-3.0%
Median sale
Suburb $1,597,500
+0.06 pp
Gross yield
Suburb 1.87%
Suburb median $1,597,500 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6
NRZ6
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6 · NRZ6 (ZN). Official parcel area about 607 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 607 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 $574/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 6 · NRZ6 (ZN). Official parcel area about 607 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 607 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
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hodges Mentone / ChelseaLiterally a few doors to magnificent Parkdale beach, this original home on a superb parcel of approx. 605sqm is ready for its next exciting chapter. As either a potential new home site or beachside renovation project, its location and proportions are sure to create a buzz amongst legions of prospective buyers!
On its own title and extremely liveable as is, the existing accommodation comprises three good-sized bedrooms and a study/4th bedroom, dual living zones, functional kitchen and two bathrooms. Solar panels are a bonus and the home has provisions for both gas & solar hot water (although solar hot water is currently disconnected).
A hop, skip and jump to the water’s edge, this incredible address is also just moments to Parkdale’s fabulous village with an impressive array of cafes, restaurants and boutique shopping options, bus stops & trains – Mordialloc’s vibrant Main Street is also within reach, along with Mentone’s choice of elite private schools.
Whether you choose to roll up your sleeves and reinvigorate the current home or explore options for a brand-new family showstopper (STCA), this really is an unbeatable beachside location that is sure to lure buyers in droves!
For all enquiries please contact Isabel Ho 0416 618 225 or Paul Johnston Hodges Mentone/Chelsea.
Listing description written by Paul Johnston, Hodges Mentone / Chelsea — reproduced as published, not verified by Districts.