Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$780,000
Last sold
27 Apr 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
587 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
$780,000
27 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Grovedale (last 5 years) with land size have a median of $1,141/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Grovedale
+7.6%
Median sale
Suburb $725,000
-0.26 pp
Gross yield
Suburb 3.72%
Suburb median $725,000 from 5 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 $519/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
Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hayeswinckle LaraImmaculately presented, on a generous 587m2 allotment, in a highly sort after location, Grovedale. This stunning home perfectly caters for a growing family, with 3 living zones, the entertainment quarter being the rear of the home, where friends and family will enjoy the openness out to the backyard on those sunny days.
Perfectly positioned within walking distance to shops, public transport, local schools and IGA, also the close proximity to the Marshall Train station. Enjoy quick access to the Surfcoast Highway & Ring road allowing you to be at beaches in under 20 minutes and Melbourne an hour. This enviable home has everything you could possibly want out of a family home from the practical design, great garaging and manicured gardens all at such an affordable price.
- Room to breathe, with wide spacious open plan living
- Huge separate family and rumpus rooms, seamlessly flowing between the kitchen and dining areas
- Outdoor room to entertain family and friends all year round
- Private master suite with WIR through to the spacious ensuite
- Flexible family living with kids bedrooms zoned away from the main living area
- Indoors the tranquil ambiance creates an effortless and soothing mood
- The kitchen with walk-in pantry works well when entertaining
- Modern kitchen with stone bench tops, stainless steel appliances, dishwasher
- Designer kitchen with Caesarstone benchtop, glass splashbacks and the 900mm cooker
- A separate lounge feeds out to backyard that catches the afternoon sun
- The 3 remaining BRs sit in a separate wing, affording children some privacy of their own
- 3 BRs with BIRs and family bathroom with separate shower and bath
- Separate toilet, linen press and bright laundry with excellent storage
- Ducted gas heating and evaporative cooling guarantee total comfort
- Undercover alfresco overlooks a child friendly, low maintenance rear yard with garden shed
- Generous DLUG with internal access
- Solar Power
- New HWS
- Security System with Cameras
- Fully landscape front yard with side access
- Built by Metricon
- Achieve your lifestyle dreams here!
*All information about the property has been provided to hayeswinckle by third parties. hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Peter Norman, Hayeswinckle Lara — reproduced as published, not verified by Districts.