Cambridge Gardens at a glance
2,004
People
$989,000
Median sale
$630/wk
Median rent
3.31%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
NSW › Cambridge Gardens › Merton Ave
3
Bedrooms
1
Bathrooms
1
Car spaces
650 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Cambridge Gardens (last 5 years) with land size have a median of $1,440/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Cambridge Gardens at a glance
2,004
People
$989,000
Median sale
$630/wk
Median rent
3.31%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $630/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Cambridge Gardens at a glance
2,004
People
$989,000
Median sale
$630/wk
Median rent
3.31%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RichmondThis quality brick-veneer property would make the perfect first home or an excellent investment opportunity. Freshly painted throughout this property features a modern bathroom with two toilets, timber kitchen with quality appliances and ducted air conditioning.
Positioned on a generous 650 sqm corner block with rear yard access, makes this property ideal for anyone needing storage for a boat, trailer or potential for granny flat construction (sca).
Main features:
• Three generous bedrooms | all with built-in robes & ceiling fans
• Freshly painted interiors and new blinds throughout
• Spacious and light-filled living area flowing through to separate dining
• Modern two-way bathroom offering two toilets
• Ducted air conditioning (heating and cooling)
• Timber kitchen with breakfast bar, stainless-steel Westinghouse appliances, including 900mm freestanding cooker and exhaust fan
• Massive 650m2 corner block with drive through to yard access via carport
• Spacious backyard, fully fenced and ideal for children and pets
• Corner block with granny flat potential (sca)
• 350m to bus services, Cambridge Gardens Public School, childcare
This property is packed with value and instructions are to sell!. Contact Steve Sekulovski on 0424 828 228 before it's too late.
All information about the property has been provided to Ray White by third parties. Ray White 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 the property.
COVID-19 message: We are taking as many precautions as possible to ensure that all our clients be it tenants, home owners or prospective buyers are safe at all times. This includes the use of hand sanitiser before and after the inspection (this will be provided), 1.5m personal distancing measures, not touching any surfaces in the property and having any children hold their parents hand throughout the inspection.
If you have travelled overseas recently, have been in close contact with someone that has or unwell, we ask that you please wait to view the property.
People's health and safety is our priority at the moment and we are working with customers and changing to meet the new normal and minimum community standards of conduct.
Listing description written by Steve Sekulovski, Ray White Richmond — reproduced as published, not verified by Districts.