Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
VIC › Gembrook › Banks Smith Dr
$980,000
Last sold
11 Aug 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
883 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
$980,000
11 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Gembrook (last 5 years) with land size have a median of $351/m² of land (n=122). Districts calculation from recorded sales — not a valuation.
Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Gembrook
+5.4%
Median sale
Suburb $930,000
-0.16 pp
Gross yield
Suburb 3.23%
Suburb median $930,000 from 33 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 $578/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
Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant EmeraldLocated in an ever sought after pocket of Gembrook opposite Gembrook State Park, this architecturally designed built by boutique builder Roseleigh homes, offers a modern rendition of a classic colonial home. Designed to suit the lay of the land, the split-level home boasts a seamless floorplan and more than enough room for the whole family. Immediately upon entering the home, the soaring high ceilings create an incredible sense of space and volume. The first of three living areas is located at the front of the home, the spacious formal sitting area takes in the picturesque view of Gembrook State Park and offers the ideal place to relax and enjoy the serenity. In the heart of the home, you will discover the open plan living that boasts the generous modern kitchen featuring the large island bench, gorgeous stone benchtops, excellent storage and walk in pantry. Adjacent, the lounge and dining space is equally as generous in size and accesses the west facing outdoor area and takes in the lovely sunsets. The third living area overlooks the garden and outdoor entertaining and is versatile to a variety of uses.
There are four bedrooms in total, the oversized master bedroom is complete with walk in wardrobe and lavish ensuite bathroom. The secondary bedrooms are all very generous in size, two also boast walk in wardrobes and the third is complete with built in robes and are all serviced by the large family bathroom. There is excellent storage throughout the home as well as substantial under house storage and man cave. Special features include luxurious feature Jarrah hardwood flooring, high ceilings throughout, fresh painted inside and outside and ducted heating and evaporative cooling for year-round comfort.
Outside the embellishments continue, there are three decked and covered outdoor areas designed to take advantage of the various aspects and views the home offers. The central outdoor entertaining space accessed via double sliding doors from the open plan living creates the perfect indoor/outdoor space perfect for entertaining family and friends.
There is more than enough room for play for the kids and four-legged family members, with a purpose-built basketball/ exercise zone, lush lawned areas and your very own high quality Sapphire Spas 4.5m swim spa to entice you outside year-round. Low maintenance landscaped gardens enhance the resort style outdoor living. For the toys and tools, there is a double garage and space to easily park a caravan or car at the front. Additional features include secure fencing, side gate access and Solar panels.
Location simply doesn't get much better than this, you are lucky enough to have all the amenity of being walking distance to the Gembrook township with nature on your doorstep. This is an opportunity not to be missed, inspection is an absolute must!
Listing description written by Justin Barrot, Barry Plant Emerald — reproduced as published, not verified by Districts.