Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Ashleigh Ct
$1,076,000
Last sold
22 Apr 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
774 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
$1,076,000
22 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $2,182/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
-18.8%
Median sale
Suburb $1,325,000
+0.60 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 recorded sales (last 24 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 $655/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
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupTucked into a quaint, tree-lined cul-de-sac in an area well known for its classic architecture and understated character, this charming, blonde-brick home rests upon a flat, beautifully manicured 774sqm (approx) block, and the lush green playing fields of Cheltenham Secondary College at the end of the court.
There's much to admire and adore here, beginning with the gorgeous street appeal provided by the manicured front garden and classic brick facade, and the ideal aspect of the sunny, north-west-facing backyard.
Beyond the front door, it's an abundance of natural light - and, though mostly original, the home is solid and straight, has been looked after inside and out over the years and offers all the fundamentals for easy, comfortable living - as well as various options to explore for adding genuine further value through either minor cosmetic updates, a large-scale extension or a multi-dwelling redevelopment (STCA). In any case, the platform on offer caters for any, and all future plans you may have.
Comprising three bedrooms and an original bathroom with a bath, shower and separate toilet; and a tucked away laundry off the kitchen.
A lovely, wide front entry, generous lounge and dining room, and a separate open meals and galley-style kitchen at the hub with plenty of storage.
A HUGE, immaculate backyard with plenty of flat lawn, shady mature trees, shrubs and established garden beds; a permanent swingset for the kids, a lean-to shelter shed, side access driveway and an oversized 5m x 8.5m (approx) garage/workshop for the handyman.
Next door and zoned for Cheltenham Secondary College, close to Le Page Primary, a bus stop 150m away, 1.5km from Southland and Charman Road shopping & dining strip; minutes to DFO and of course, in the midst of all of Melbourne's famous Sandbelt golf courses.
Quite simply, this is absolute perfection for families to base a future around.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
*Masks are required to enter this property
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.