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VIC › Romsey › Gordon Cres

18 Gordon Cres, Romsey VIC 3434

For saleHouse for Sale

$1,180,000–$1,280,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

10

Car spaces

4,578 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,180,000–$1,280,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,180,000–$1,280,000(Listing record · 28 Aug 2026)
  • FactLand 4,578 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% above the Romsey median recorded sale ($850,000, n=63, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Romsey's advertised median rent ($545/wk), implied gross yield would be 2.40% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,180,000–$1,280,000

Asking range · $258/m² of land

No recorded sale for this property.

Romsey at a glance

6,233

People

$850,000

Median sale

$545/wk

Median rent

3.33%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Romsey report →

Vs Romsey

+38.8%

Median sale

Suburb $850,000

-0.93 pp

Gross yield

Suburb 3.33%

Suburb median $850,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,180,000
Stamp Duty (Victoria)
$64,900
Transfer/Registration Fee
$2,866
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,251,466

$71,466 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Romsey's advertised median rent — not a rent for this listing.

Net yield
0.90%
Annual cashflow (pre-tax)
$-50,720
Interest cover (DSCR)
0.17
Annual rent
$28,340
Operating expenses
$17,700
Loan amount
$944,000
Annual interest
$61,360
Gross yield
2.40%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,180,000–$1,280,000available28 Aug 2026

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 $545/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

Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Romsey in one glance

Romsey at a glance

6,233

People

$850,000

Median sale

$545/wk

Median rent

3.33%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Romsey report →

Keep researching

  • Why Romsey? Read the area thesis →
  • What else is on the market in Romsey →
  • Other records on Gordon Cres →

Listing material

Listed by Ray White Sunbury

The Classic Country Dream

From the moment you arrive, this beautifully established home makes an immediate impression. Manicured gardens, classic character and a thoughtful blend of timeless features and modern comforts set the tone for a home that feels both inviting and exceptionally well considered.

A grand double-door entry with keyless access opens to a welcoming interior, where soaring raked ceilings, exposed timber beams and brickwork create an immediate sense of warmth and scale. The impressive main living zone features remote-control blinds, allowing effortless control of light and privacy, before flowing through to the dining area where a wood fire creates a cosy focal point. Continuing through to the kitchen, a waterfall-edge breakfast bar, gas cooking, double electric wall ovens, extensive cabinetry and a walk-in pantry provide an impressive combination of style, functionality and storage.

A separate media room provides the perfect space to unwind, entertain or settle in for movie nights, while its size also offers the flexibility to be utilised as a fourth bedroom if required. Positioned near the entrance, the dedicated study features day and night blinds and provides another versatile space that could be adapted to accommodate a bedroom if desired.

Read the full description

The master bedroom is beautifully appointed with a large walk-in robe, blockout blinds, sheer curtains, a ceiling fan and its own split-system air conditioner, complemented by an ensuite with double vanities. The remaining bedrooms each feature built-in robes and ceiling fans, while a large central bathroom services the home, with a separate powder room adding further convenience.

A huge laundry provides exceptional storage along with a Robinhood ironing centre, while ducted vacuuming adds another layer of everyday practicality. Year-round comfort is well catered for with ducted gas heating and evaporative cooling, both remotely controlled via Wi-Fi, while high-grade insulation and solar power work together to enhance the home's comfort and help keep ongoing energy costs down.

Outside, sliding doors extend the living areas to an enormous covered entertaining space complete with ceiling fan, creating an ideal setting for long lunches, weekend gatherings or quiet afternoons overlooking the beautifully established gardens. The front gardens are supported by irrigation systems, complemented by rainwater tanks that provide an additional water source around the property.

The outdoor infrastructure is where this property really comes into its own. A substantial powered shed with concrete flooring, LED lighting and split-system heating and cooling provides an impressive space for projects, storage or hobbies, while the huge high-clearance caravan carport offers plenty of room for a caravan, boat, trailer or additional vehicles. A dedicated chicken coop and feed shed, along with a secondary side shed, complete an outdoor setup that is as practical as it is versatile.

Just moments from Romsey's town centre, this is a home that offers genuine space, character and versatility while keeping everyday amenities close at hand. Local schools, parklands, shops and services are all within easy reach, with Melbourne Airport approximately 40 minutes away and Melbourne's CBD just over an hour, making the commute to the city or airport straightforward.

Please note we require photo ID when attending opens

In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.

We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Joshua Reeves, Ray White Sunbury — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ducted Heating
  • Ensuites: 1
  • Outdoor Entertaining
  • Rumpus Room
  • Shed
  • Solar Panels
  • Study
  • Vacuum System
  • Water Tank
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.