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VIC › Eltham North › Pennell St

17 Pennell St, Eltham North VIC 3095

House

$1,400,000

Last sold

24 July 2025

4

Bedrooms

2

Bathrooms

3

Car spaces

711 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,400,000 (24 July 2025).(Recorded sale)
  • FactLand 711 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Eltham North (last 5 years) with land size: median $1,447/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

$1,400,000

24 July 2025 · derived via latest_sale

Local land rate: recorded House sales in Eltham North (last 5 years) with land size have a median of $1,447/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Eltham North at a glance

6,760

People

$1,208,000

Median sale

$568/wk

Median rent

2.45%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Eltham North report →

Vs Eltham North

+15.9%

Median sale

Suburb $1,208,000

-0.34 pp

Gross yield

Suburb 2.45%

Suburb median $1,208,000 from 49 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$1,400,00024 July 2025
  2. Listedprice unknowncompleted8 July 2025
  3. Listedprice unknowncompleted8 July 2025

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 $568/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

Eltham North in one glance

Eltham North at a glance

6,760

People

$1,208,000

Median sale

$568/wk

Median rent

2.45%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Eltham North report →

Keep researching

  • Why Eltham North? Read the area thesis →
  • What else is on the market in Eltham North →
  • Other records on Pennell St →

Listing material

Listed by Jellis Craig Eltham

Expansive Family Living with Sweeping Views in the Heart of Eltham North

Jellis Craig. Positioned to capture uninterrupted southerly views and set in a peaceful, family-focused cul-de-sac in Eltham North, this beautifully maintained, single-owner residence offers a superb combination of space, functionality and thoughtful design. With a versatile, single-level layout, multiple living zones and an outstanding outdoor setting, this home is tailor-made for comfortable family living and entertaining.

Step inside to discover a home that unfolds with practicality and ease. A generous, free-flowing floorplan offers three distinct living spaces, allowing for both connection and separation when needed. The heart of the home is the expansive open-plan living and dining zone, framed by glass doors that open directly onto a well-considered alfresco area—perfectly blurring the lines between indoor and outdoor living.

The outdoor space has been expertly designed for everyday enjoyment and effortless entertaining. The covered alfresco leads to a paved courtyard, flowing onto a family-friendly artificial lawn area and an outdoor firepit and seating zone, all accompanied by cleverly integrated shedding for extra storage. An additional grassed area is ideal for children and pets, and includes the rare and valuable advantage of rear access off Kelway Crescent—perfect for secure parking of a boat, trailer or caravan.

Read the full description

At the rear of the home, the main bedroom suite is a peaceful retreat, with a walk-in robe, stylish ensuite, and direct access to the adjoining parents’ lounge. From this elevated vantage point, enjoy panoramic views across the landscape, all enhanced by a gas fireplace that adds warmth and ambiance to the space.

The family accommodation wing includes two additional bedrooms, both with built-in storage, and a spacious modern bathroom with a bathtub, separate shower and separate toilet. A dedicated retreat zone within this wing provides an ideal breakout space for children or teens. At the front of the home, the fourth bedroom offers a flexible bedroom-study hybrid, complete with a built-in desk—ideal for a growing family or professional use as a home office or consultation room.

Centrally located, the large Tasmanian Blackwood kitchen blends classic style with contemporary convenience. Offering ample bench space, sleek stone benchtops, Blanco electric oven, gas stainless steel cooktop, and an Asko dishwasher, this space has been thoughtfully designed for both everyday use and entertaining.

Further features include a remote double electric garage located under the home with extensive storage capacity, gas ducted heating, evaporative cooling, and excellent built-in storage solutions throughout—an ongoing testament to the home’s quality, thoughtful upkeep and family-focused design. Proudly held by just one owner since its construction, the property reflects decades of careful maintenance and care.

With exceptional versatility, spectacular views, and an unbeatable position close to schools, parks, trails and local amenities, this is an outstanding opportunity to secure a beautifully maintained, spacious home in one of Eltham North’s most sought-after pockets.

Listing description written by Trent Grindal, Jellis Craig Eltham — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Outdoor Entertaining
  • Secure Parking
  • Shed
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.