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 › Langbourne Ct
$775,000
Last sold
20 Feb 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$775,000
20 Feb 2021 · derived via latest_sale
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
-9.9%
Median sale
Suburb $860,000
+0.40 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 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 $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.
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
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 Gladstone ParkBeautifully presented and surrounded by lush tropical gardens, this wonderfully private four bedroom family home provides a convenient and comfortable lifestyle both inside and out, in the heart of the popular Shannon Rise estate. Set at the end of a quiet cul-de-sac, the home's fully-tiled ground level opens through a wide entryway presenting a formal lounge and study/5th bedroom to either side, and flows through to the family-sized combined kitchen/living/meals area with additional formal dining room. The kitchen features a wide stone island bench with waterfall edges and enough space to gather the family around, lots of cupboard space on both sides, a sensational 1200mm Falcon upright oven/cooktop, 1200mm rangehood, double sink and dishwasher. Also on the ground floor, a good size laundry with garage access, powder room, and sliding doors leading to the fantastic rear yard down a short flight of stairs.
Upstairs, a spacious retreat, and three good size bedrooms serviced by the family bathroom with corner spa bath, and at the front of the home, the expansive master suite with walk-in robe and private ensuite also features double doors opening out to a private, covered balcony providing the perfect place to sip your morning coffee and enjoy the beautiful garden views.
Outdoors, two large patio areas take advantage of the lush surrounds, while behind the double garage, with gated side access, a fantastic enclosed space that could be utilised as a rumpus room, space for additional accommodation, or entertaining; and would also provide the perfect setup for a home-based business with it's own separate private entry and extra parking at the front - the possibilities are endless!
Additional features include ducted heating, evaporative cooling, split system units, 8-camera security system, alarm, electric roller shutters, roller blinds, additional storage throughout the home, double remote garage with rear roller door, and amazing cellar storage underneath the home taking advantage of the elevated setting.
Schools, shops and kindergartens are all nearby, and the brand new Greenvale Secondary College us now under construction, due to open in 2022. Located just a short stroll from beautiful parklands and lakes with a great playground, and with buses on nearby Kirkham Drive, easy access to Somerton Road, and within easy reach of major arterials, the location offers convenience from every angle.
Listing description written by Michael Sassine, Barry Plant Gladstone Park — reproduced as published, not verified by Districts.