Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
VIC › Sydenham › Penzance Pl
$750,000
Last sold
28 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
445 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
$750,000
28 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Sydenham (last 5 years) with land size have a median of $1,292/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Sydenham
-1.3%
Median sale
Suburb $760,000
+0.05 pp
Gross yield
Suburb 3.43%
Suburb median $760,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Brimbank
Brimbank, 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 446 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 2. 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 $502/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 446 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 2. 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
Sydenham at a glance
10,904
People
$760,000
Median sale
$502/wk
Median rent
3.43%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Taylors LakesTucked away in a quiet, tightly held court in Sydenham, 18 Penzance Place delivers the perfect balance of space, comfort, and effortless family living on a generous 445sqm (approx.) allotment.
Proudly offered for the first time by its original owners, this impeccably maintained residence showcases pride of ownership at every turn, combining thoughtful design with enduring quality in a location defined by peace and convenience.
From the outset, the home makes a strong impression with a wide, expansive driveway offering abundant off-street parking, complemented by a secure double garage—ideal for growing families or those who love extra space.
Step inside to discover a welcoming and spacious formal living area that flows seamlessly into a dedicated formal dining zone, both enhanced by beautiful solid timber flooring that adds warmth and timeless appeal.
Privately positioned at the front of the home, the generously sized master suite features a walk-in robe and a pristine ensuite, creating a comfortable and secluded retreat for homeowners.
At the heart of the home lies a large, modern kitchen designed for both functionality and connection. With ample bench space and quality finishes, it overlooks an expansive open-plan living and dining area—perfect for everyday living and entertaining alike.
This central hub flows effortlessly outdoors to an immaculately presented backyard, complete with a substantial pergola and built-in BBQ area—an entertainer’s dream and the perfect setting for gatherings year-round.
The rear of the home offers excellent family accommodation, with three additional well-proportioned bedrooms, a spacious central bathroom, and a large laundry, all thoughtfully zoned for privacy and practicality.
Positioned for lifestyle convenience, the home is within easy reach of quality schools including Copperfield College and Sydenham Hillside Primary School, as well as the vibrant Watergardens Town Centre for shopping, dining, and entertainment. Commuters will appreciate nearby Watergardens railway station and seamless access to the Calder Freeway, ensuring an easy journey to the CBD.
Peaceful, spacious, and impeccably kept, this is a rare opportunity to secure a one-owner home in a prized court location—perfect for families, downsizers, or savvy buyers seeking quality and lifestyle in one complete package.
Listing description written by Deen Zane, Professionals Taylors Lakes — reproduced as published, not verified by Districts.