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VIC › Point Cook › Palace Rd

20 Palace Rd, Point Cook VIC 3030

House

$590,000

Last sold

13 Sept 2019

3

Bedrooms

2

Bathrooms

2

Car spaces

376 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $590,000 (13 Sept 2019).(Recorded sale)
  • FactLand 376 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Point Cook (last 5 years) with land size: median $2,010/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$590,000

13 Sept 2019 · derived via latest_sale

Local land rate: recorded House sales in Point Cook (last 5 years) with land size have a median of $2,010/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Vs Point Cook

-27.6%

Median sale

Suburb $815,000

+1.28 pp

Gross yield

Suburb 3.38%

Suburb median $815,000 from 113 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$590,00013 Sept 2019
  2. Listedprice unknowncompleted21 Aug 2019
  3. Listedprice unknowncompleted21 Aug 2019

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $529/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Point Cook in one glance

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Keep researching

  • Why Point Cook? Read the area thesis →
  • What else is on the market in Point Cook →
  • Other records on Palace Rd →

Listing material

Listed by ACE Real Estate Laverton

Peaceful And Tranquil Setting In Point Cook

Ace Real Estate is proud to present 20 Palace Rd, Point Cook. Nestled in Point Cook's finest pocket this wonderfully spacious residence offers inspired family living in a great location close to all essentials.

Conveniently located and moments away from Featherbrook P-9 College, Featherbrook Shopping Centre, Childcare centre, Parklands and easy freeway access! This modern contemporary lifestyle represents outstanding value as a brilliant investment opportunity and home owners alike.

Walk the kids to school; grab a latte on the way home, find public transport & parklands close to home...find heaven in this divine Deco!

Read the full description

This magnificent single level home appointed with quality inclusions comprises of 3 bedroom plus study, 2 bathrooms, dual living beauty offers today's entertaining lifestyle with a fine formal lounge, an airy family zone with a classic stainless-steel appliances and double garage. Starring an expertly-designed master bedroom with ensuite and his n her walk in robes and central heating

This is a good opportunity for first home buyers or investor alike to buy in upcoming featherbrook school zone.

This character filled property is sure to impress with its magnificent establishment and practical floor plan:

• Grand master bedroom with walk in robes, full en-suite and double vanity.

• 2 Bedrooms with built in robes.

• Study over looking family.

• Massive Formal Lounge.

• Double garage with internal access.

• Stunning kitchen with abundance of cupboard space, walk in pantry, 900 mm stainless steel appliances and dishwasher.

• Open plan family and meals.

• Central bathroom well connected to other bedrooms.

• Low maintenance front and back yards.

Enduring and elegant, with a real sense of family comfort, this is a home that you cannot pass up seeing. Your earliest inspection is highly recommended.

ACE TEAM welcomes you and looks forward to meeting you at the opens.

PLEASE NOTE: PRESENTATION OF PHOTO I.D. IS A CONDITION OF ENTRY TO VIEW PROPERTY

NOTE: Link for Due Diligence

Checklist :http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Sunny Sharma, ACE Real Estate Laverton — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.