Albert Park at a glance
6,713
People
$2,030,000
Median sale
$698/wk
Median rent
1.79%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Albert Park › Mills St
4
Bedrooms
3
Bathrooms
2
Car spaces
414 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Albert Park (last 5 years) with land size have a median of $10,330/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Albert Park at a glance
6,713
People
$2,030,000
Median sale
$698/wk
Median rent
1.79%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $698/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Albert Park at a glance
6,713
People
$2,030,000
Median sale
$698/wk
Median rent
1.79%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig Port PhillipAn exceptional domain, this stunning solid brick Federation style residence showcases an irresistible blend of period elegance and designer contemporary style within an intelligently zoned family focused floorplan with immaculate pool and garden surrounds.
Glorious decorative ceilings, exquisite leadlight windows, timber fretwork and oak floors highlight wonderful original charm in the wide central hallway and gracious bedrooms. The sophisticated main bedroom warmed by an open fireplace, showcases a luxuriously appointed ensuite and is complemented by a lavish dressing room with extensive robes, which offers the flexibility of being a potential bedroom. A further bedroom with open fireplace and bespoke storage enjoys use of an opulent family bathroom boasting freestanding bath and walk in shower. High ceilings maintain the generosity of space in the streamlined gourmet kitchen featuring integrated Miele appliances including fridge and freezer plus wine fridge, dishwasher, gas cooktop and two ovens. Light filled open plan living and dining overlooks the salt water, gas heated swimming pool and alfresco dining space, presenting a sensational entertaining area. Offering superb versatility, a teenager or guest retreat situated above the garage is complete with sitting area, bedroom, skylit ensuite and laneway access.
Appointed with the finest fittings and fixtures, this magnificent family home is enhanced by an oversized double garage with rear right of way opening to a wide laneway, garden irrigation, well equipped laundry with side access, comprehensive heating including hydronic and ducted plus reverse cycle air conditioning, video intercom and alarm.
An outstanding location positions a host of amenities within easy walking distance including the beach, Albert Park Lake, Albert Park and Middle Park Villages, trams plus excellent schools such as Albert Park College. Land size 414sqm approx.
Expressions of Interest close Monday 16 September at 5pm.
Listing description written by Simon Gowling, Jellis Craig Port Phillip — reproduced as published, not verified by Districts.