Gladstone Park at a glance
8,131
People
$830,000
Median sale
$518/wk
Median rent
3.25%
Suburb gross yield
Median sale from 89 recorded sales (last 12 months) — a Districts calculation.
VIC › Gladstone Park › Osborne Ave
$665,000
Last sold
27 Mar 2020
4
Bedrooms
2
Bathrooms
4
Car spaces
611 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
$665,000
27 Mar 2020 · derived via latest_sale
Local land rate: recorded House sales in Gladstone Park (last 5 years) with land size have a median of $1,420/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Gladstone Park at a glance
8,131
People
$830,000
Median sale
$518/wk
Median rent
3.25%
Suburb gross yield
Median sale from 89 recorded sales (last 12 months) — a Districts calculation.
Vs Gladstone Park
-19.9%
Median sale
Suburb $830,000
+0.80 pp
Gross yield
Suburb 3.25%
Suburb median $830,000 from 89 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Hume
Hume, 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 610 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 610 m² — land size can look like optionality. What reduces it: MELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $518/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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 610 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 610 m² — land size can look like optionality. What reduces it: MELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
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
Gladstone Park at a glance
8,131
People
$830,000
Median sale
$518/wk
Median rent
3.25%
Suburb gross yield
Median sale from 89 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Gladstone ParkSOLD BEFORE AUCTION BY JASON PADULA!
Go to Jason Padula Real Estate on YouTube or Facebook, for all the campaign highlights!
Ladies and gentlemen, it's all happening "right here, right now" in Gladstone Park! Highly sought after zoned schooling, greatly improved infrastructure and vibrant new shopping + entertaining options...everything you would want in a suburb and more! And when you consider its distance to the CBD (16km's in a straight line) Gladstone Park would have to be one of the nation's absolute "hot spots", particularly at the price point of this potential-packed property!
Introducing the classic (and largest) of the 4 bed/2 bath AV Jennings designs, in this coveted central pocket. Set on a flat 611m² (approx.) allotment, the long/wide side drive leads to a carport, triple tandem garage and additional workshop at the rear…a terrific set-up, seldom found!
Step inside to a well-maintained interior by a house-proud owner, with bright well-proportioned rooms encompassing welcoming entry foyer, huge L-shaped lounge + dining, updated kitchen, spacious tiled meals/family, great-sized bedrooms (three with built-in robes, including a triple robe in the Master), two pristine "retro" bathrooms and a nice big laundry they simply don't build anymore.
Features include ducted heating, gas wall furnace, dishwasher, exterior roller shutters, re-sealed roof and more!
Step out back to a low-maintenance concreted pergola, adjacent to fernery…a great area to relax and unwind. A good-sized grassed backyard completes the picture, providing ample room for kids/pets to run around in.
Move straight in and enjoy "or" renovate and transform in to one the area's finest!
Make it yours!
Settlement: 150 days
Price Guide: $610,000 - $639,000
Contact: Jason Padula – 0402 149 436
Like/subscribe to Jason Padula Real Estate on Facebook or YouTube
Listing description written by Jason Padula, Barry Plant Gladstone Park — reproduced as published, not verified by Districts.