East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › East Geelong › Thorne St
$750,000
Last sold
19 May 2025
4
Bedrooms
2
Bathrooms
0
Car spaces
357 m²
Land
Districts View
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
$750,000
19 May 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in East Geelong (last 5 years) with land size have a median of $2,012/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs East Geelong
-12.8%
Median sale
Suburb $860,000
+0.40 pp
Gross yield
Suburb 2.68%
Suburb median $860,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8
NRZ8
Jurisdiction
Greater Geelong
Greater Geelong, VIC
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 357 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO1642). Heritage can block demolition and dual occupancy even when land size looks like a site. 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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO1642). Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 357 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO1642). Heritage can block demolition and dual occupancy even when land size looks like a site.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyRarely does such an opportunity arise in one of East Geelong's most tightly held tree-lined pockets. Set on 357m2 and boasting dual street frontages, this double-storey character home offers buyers exciting scope to renovate or extend and put their own personal touch on the property, creating the home of their dreams.
A charming period facade features a large north-facing porch adorned with lovely ironwork and colourful lead-light windows. The interiors unveil soaring ceilings and curved archways that add drama and a sense of space to the ground floor. It comprises a cosy living area that flows into the formal dining room, with the adjoining kitchen/dining zone showcasing rich timber cabinetry, quality appliances (Westinghouse oven & Technika gas cooktop) and a built-in pantry. Two great-sized bedrooms (with BIRs) share access to the main bathroom, which includes a shower over the bath. A home office (or versatile 4th bedroom) and laundry complete the lower level. Upstairs reveals a light-filled parent's retreat or second living space and a generous-sized Master bedroom. It contains a modern ensuite with ample storage and a walk-in robe. Ducted heating and two split-system air conditioners provide comfort throughout the seasons. Eight solar panels help to reduce energy bills.
Currently, the rear yard incorporates paved alfresco entertaining with a large grassy area and a garden shed, but there is a wealth of potential to extend the home's footprint and build a new garage off Winter Street (STCA).
This exceptional location is close to all that this great city has to offer. Easy walking distance to the Geelong Botanic Gardens and Garden Street shopping precinct, while the iconic Eastern Beach, CBD and nearby hospitals are only a short stroll from your front door. Zoned to Tate Street Primary School and Geelong High School, you are just a 10-minute drive from some of Geelong's finest private secondary schools. Excellent access to public transport, while close proximity to the Bellarine Highway, connects you to the delights of the Bellarine Peninsula.
Potential rent return at $570 - $595 per week.
Listing description written by Greg Matheson, Gartland Property — reproduced as published, not verified by Districts.
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