Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Kings Park › Tarana Cres
$620,000
Last sold
16 Sept 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
552 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
$620,000
16 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Kings Park (last 5 years) with land size have a median of $1,168/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Kings Park
-8.8%
Median sale
Suburb $680,000
+0.32 pp
Gross yield
Suburb 3.40%
Suburb median $680,000 from 37 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 $444/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
Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals St AlbansWelcome to a delightful home nestled in the heart of Kings Park, where charm and comfort come together. This residence boasts a prime location, conveniently close to schools, shops, parks, and public transportation, offering a perfect blend of ease and accessibility.
As you enter, you'll find three spacious bedrooms and elegant timber floorboards in the living areas, creating a modern and inviting atmosphere. The kitchen stands out with its contemporary timber cabinetry and sleek stone countertop. The expansive L-shaped lounge and dining area provide a versatile and welcoming space for various activities. Additional features include a central bathroom, two toilets, and a separate laundry with convenient access to the backyard pergola.
The home is equipped with heating and air conditioning, ensuring year-round comfort for both first-time buyers and experienced investors. A practical brick garage offers secure parking and extra storage, complemented by a large shed for added convenience.
Step outside to a generous backyard, ideal for children's play and outdoor enjoyment. Whether you're beginning a new chapter with your family or seeking a wise investment, this property combines charm and practicality seamlessly.
Experience the Kings Park lifestyle with this well-appointed and beautifully updated home.
To schedule a private viewing, please contact Mitch (Hung) Nguyen at 0478 77 6666 or David Thai at 0421 250 327 from Professionals St. Albans.
Entry Requirements:
Please note, a Photo ID is required for all visitors during inspections.
Disclaimer: All information provided, including illustrations, is intended as a general guide only and does not constitute any representation by the agent or vendor. Buyers are advised to conduct their own due diligence. Contact us today to explore this opportunity and make this property your new home!
Listing description written by Mitch (Hung) Nguyen, Professionals St Albans — reproduced as published, not verified by Districts.