Ascot Vale at a glance
16,465
People
$1,285,000
Median sale
$495/wk
Median rent
2.00%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › Ascot Vale › Kent St
$865,000
Last sold
28 Nov 2020
2
Bedrooms
1
Bathrooms
1
Car spaces
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
$865,000
28 Nov 2020 · derived via latest_sale
Ascot Vale at a glance
16,465
People
$1,285,000
Median sale
$495/wk
Median rent
2.00%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Ascot Vale
-32.7%
Median sale
Suburb $1,285,000
+0.98 pp
Gross yield
Suburb 2.00%
Suburb median $1,285,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE
R1Z
Jurisdiction
Moonee Valley
Moonee Valley, 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 GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 249 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 1. 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 $495/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 GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 249 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 1. 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
Ascot Vale at a glance
16,465
People
$1,285,000
Median sale
$495/wk
Median rent
2.00%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Rendina Real Estate*Private Inspections Strictly by appointment only*
A magnificent opportunity to enter Ascot Vale, this solid brick value-packed residence offers a dynamic, city fringe lifestyle opportunity ready to move in and enjoy and also has scope for further enhancement (STCA). Take advantage of current government grants and extend or renovate to your heart’s desire!
The home comprising of two good sized bedrooms with built in robes, central lounge / dining room and full kitchen facilities with abundance of cupboard space at the rear. In addition a separate laundry and central bathroom. Other features include hardwood floors, heating and enjoy off street parking with room for one car at the front and also access via rear ROW.
Within walking distance to Ascot Vale Showgrounds Village Shopping Precinct, Union Road & Pin Oak Crescent cafes and restaurants.
Transport is on your doorstep with only a short stroll to tram 57 direct to Melbourne CBD, Ascot Vale and Newmarket train stations; it’s also close to Flemington Racecourse where the nation stops to watch one of the premier events in the Southern Hemisphere!
Perfect for downsizers, first home buyers and investors!
Make sure you do not miss this one!!
Features
-
Two good sized bedrooms (with built-in-robes)
-
Well set out kitchen with ample cupboard space
-
Open living / lounge room
-
Central bathroom with separate laundry at the rear
-
Off street parking and the front as well as access from the rear via ROW
-
Other Features: floorboards, heating, low maintenance rear yard
- Renovate or further enhancement to extend
-
Tranquil setting
*** COVID-19 Announcement ***
If you're attending an open for inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from anyone attending the open for inspection, including other prospective buyers and our team members, and if requested wait outside so as to reduce the number of people in the property at any one time. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance.
Thank you for your understanding.
Listing description written by Frank Mammone, Rendina Real Estate — reproduced as published, not verified by Districts.