North Geelong at a glance
3,350
People
$721,000
Median sale
$472/wk
Median rent
3.40%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › North Geelong › Craddock St
$1,110,500
Last sold
23 Oct 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
682 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
$1,110,500
23 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in North Geelong (last 5 years) with land size have a median of $1,544/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
North Geelong at a glance
3,350
People
$721,000
Median sale
$472/wk
Median rent
3.40%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs North Geelong
+54.0%
Median sale
Suburb $721,000
-1.19 pp
Gross yield
Suburb 3.40%
Suburb median $721,000 from 11 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 $472/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
North Geelong at a glance
3,350
People
$721,000
Median sale
$472/wk
Median rent
3.40%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyREGISTRATION REQUIRED FOR SCHEDULED VIEWING TIMES- PLEASE CONTACT AGENT
Brilliantly located only moments from Geelong City, Waterfront, Pakington Street Cafés and Geelong Golf Club. A gorgeous character home that has indoor/outdoor entertaining covered for all seasons. Open plan living at the rear flows out to a West facing back yard with the Geelong West Oval and Velodrome only over the back fence. Cascading gardens fall to a brilliant outdoor kitchen and entertaining area with integrated BBQ, stone benchtops and double bar fridge. A large veranda is perfect for long lunches on sunny afternoons while the kids are on the oval kicking the ball around.
A large kitchen has a walk-in pantry and broad island bench - The perfect drop-off point for Christmas Day platters and boxes of "Favourites" as you usher guests via bi-folding doors to the garden - Champagne in hand. A freestanding commercial grade oven with 5-burner gas cook top will allow the home chef to reveal some true culinary co-ordination for multiple diners.
3 bedrooms at the front of the home - 2 of which feature built in robes. Stunning leadlight windows and original floorboards throughout the home's entry. A 2nd living zone with a wood heater instead of the tv calls for some quite downtime away from the action out the back. Ducted gas heating and split system cooling also covers temperature control. A large central bathroom draws focus to the original clawfoot bathtub.
North Geelong Train Station is within walking distance for the Melbourne commuter. Pakington Street, Woolworths and multiple schooling options are all within 10 minutes drive. Best of all - The Geelong West Giants Football Netball Club is just over the back fence. Kids can lace up at home and arrive for mid-week training sessions and game days via the back gate! Contact Tom ASAP to register for the upcoming inspection times - This is a beauty!
Potential rental return $560 - $580 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
To protect the health and safety of all Gartland Property staff and clients, and in line with current COVID-19 updates, you will be asked to adhere to the current regional Victoria restrictions when inspecting this property.
These include;
• Wearing a mask at all times when indoors.
• Keeping 1.5m distance during your visit, where possible.
• A limit of 10 people applies at all open for inspections and a limit of 100 people applies at all auctions, subject to density limits of 1 person per 4sqm.
• QR code check-in is now a Victorian Government requirement at all open for inspections and auctions.
Listing description written by Tom Luxton, Gartland Property — reproduced as published, not verified by Districts.