Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Geelong West › Preston St
$1,800,000
Last sold
14 Apr 2021
5
Bedrooms
6
Bathrooms
2
Car spaces
558 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
$1,800,000
14 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Geelong West (last 5 years) with land size have a median of $2,443/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong West
+104.5%
Median sale
Suburb $880,000
-1.40 pp
Gross yield
Suburb 2.75%
Suburb median $880,000 from 6 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 $466/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
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownExperience the highest quality of living in one of Geelong's most prestigious locations. Meticulously constructed and impeccably presented, every intricate detail has been considered and crafted to the highest grade. The humble facade invites you into this grand home, perfectly blending the rich character with a contemporary extension and renovation set across two large levels.
The spotted gum flooring leads the way down the wide hallway past the two living spaces and a theatre/games room, continuing through to the feature open plan living, kitchen and dining space. Comprising five bedrooms with an ensuite and walk-in-robe or built-in-robe to each, this home makes modern family living a true delight. Elegance and style have been a key consideration with this build, with striking fixtures and fittings featured right through this quality caliber home. The solar heated pool is perfectly positioned between the outdoor alfresco area and the central living space.
The location is amongst the best that Geelong has to offer. Positioned only a short walk to cosmopolitan Pakington Street where you can enjoy some of the finest restaurants and cafes on offer while being walking distance to the Geelong CBD and the Geelong Waterfront. The Geelong train station is only a short walk making commuting to the Melbourne CBD a breeze.
- Complete zoned security system with CCTV and alarm
- Impeccably presented and well-appointed throughout
- Secure double lock-up garage with further off-street parking
- Boasting an ensuite and walk-in-robe or built-in-robe to each bedroom
- Solar heated pool and outdoor hot shower
- Electric gate and commercial grade double-glazed windows
- Undercover alfresco area perfect for entertaining
- Ducted vacuuming throughout with 'Vac Pan'
- Electric blinds throughout across both levels
- Central heating and refrigerated cooling with gas log fireplace
- The master suite boasts a large ensuite and walk-through robe
- A short walk to Pakington Street or the Geelong Waterfront
- Great proximity to local primary and secondary colleges
Listing description written by David Cortous, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.