Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
VIC › Aspendale › Nepean Hwy
$5,100,000
Last sold
17 Dec 2024
8
Bedrooms
6
Bathrooms
12
Car spaces
1,191 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
$5,100,000
17 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Aspendale (last 5 years) with land size have a median of $2,241/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale
+254.8%
Median sale
Suburb $1,437,500
-1.65 pp
Gross yield
Suburb 2.29%
Suburb median $1,437,500 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $632/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
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant BaysideFor Sale By Expressions Of Interest
Offered for the first time since construction, commanding in stature and timeless in design, this stunning beachfront residence exemplifies a grand, sophisticated lifestyle and gives fortunate buyers an unrivalled chance to enjoy a rarely offered home of true distinction. Versatile and flexible in scope, the substantial beachfront landholding of 1191sqm (approx.) enjoys a paved driveway from Nepean Highway, leading to an internal European style private courtyard for your private functions or to provide ample off-street parking. From here the home unfolds; securely set behind remote gates and built to exacting standards, two adjoining mirror image sides provide a unique ability for one or two families to enjoy a dual residence in one. Cleverly designed, with exceptional proportions and adaptable spaces, a central courtyard with serene garden and pond provides joint entertaining and an ideal entry to the residences. The home enjoys eight spacious and light filled bedrooms, six bathrooms (two master bedrooms, each with ensuite and walk in robe). On the ground floor two vast kitchens and dining / living zones each enjoy views to the bay and open to a large paved outdoor entertaining area, with direct beach access. Upstairs, two luxurious expansive lounge rooms enjoy incredible vistas across Aspendale Beach and Port Phillip Bay. The pinnacle of beachside living is in a truly unbeatable location, footsteps to Aspendale beach. Superbly positioned in close proximity to vibrant shopping, eateries, cafes, Aspendale Station, renowned bayside public and private schools, parks, golf courses and reserves. This once in a lifetime opportunity, often sought and rarely found is ideally suited as either a grand residence for one or multiple families, or with a landholding of this nature, as a site for a future redevelopment opportunity (STCA).
Please Note:
Prospective buyers also have the chance to secure their own rarely prized boat shed, directly in front of the property, right on the sands edge - offered separately (please see separate listing).
For more information, please contact Chris Kavanagh on 0432 824 448 or Michael Care on 0432 488 939 from Barry Plant today.
ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.
Listing description written by Chris Kavanagh, Barry Plant Bayside — reproduced as published, not verified by Districts.
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