Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
VIC › Greenvale › Machell Way
$1,300,000
Last sold
14 Apr 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
443 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
$1,300,000
14 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Greenvale (last 5 years) with land size have a median of $2,100/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Greenvale
+51.2%
Median sale
Suburb $860,000
-1.23 pp
Gross yield
Suburb 3.63%
Suburb median $860,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
URBAN GROWTH ZONE - SCHEDULE 6
UGZ6
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 URBAN GROWTH ZONE - SCHEDULE 6 · UGZ6 (ZN). Official parcel area about 444 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. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 6. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $601/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 URBAN GROWTH ZONE - SCHEDULE 6 · UGZ6 (ZN). Official parcel area about 444 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 6. This overlay can reduce what the land size appears to promise.
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
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant GlenroyEncapsulating all that is desirable in a low-maintenance residence, this luxurious, contemporary home blends the latest designer style with timeless elegance. The double storey family home features sublime wide oak floorboards underlining a spacious, light-filled interior enhanced by deluxe appointments throughout. The flowing interior features a downstairs master bedroom with ensuite and walk-in robe, formal living room, superb laundry with abundant storage, and powder room, leading through to a smart living and dining area complete with a superbly appointed gourmet kitchen with stone benchtops, island bench, dual Bosch wall-mount ovens, and butler's pantry. Living flows through wide sliding doors to a covered alfresco with heating and ceiling fan providing a marvellous area for indoor/outdoor entertaining.
Upstairs, a lavish master suite spans the width of the home, with a fully fitted dressing room through to gorgeous ensuite featuring floor-to-ceiling terrazzo tiles, dual stone-topped vanity, double shower and gorgeous soaker bathtub. Complemented by three additional generous upstairs bedrooms with built-in robes, a sparkling fully-tiled family bathroom plus an additional family/theatre room.
Surrounded by manicured low-maintenance gardens, other appointments include zoned ducted heating and refrigerated cooling, gas log fireplace, alarm with camera system and intercom, ducted vacuum, electric front gate, roller blinds, and a double garage.
Located in a premiere estate on a quiet street, this home is only minutes from the Greenvale Shopping Centre and amenities, well-regarded schools, and public transport, with major arterials readily accessible; and with leisure opportunities at Woodlands Reserve and the Greenvale Reservoir where you can enjoy some time in nature with a relaxing weekend picnic or bushwalk in your downtime.
Listing description written by Roy Khoder, Barry Plant Glenroy — reproduced as published, not verified by Districts.