Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Dennington › Deverell Way
$365,000
Last sold
13 Dec 2019
3
Bedrooms
2
Bathrooms
1
Car spaces
538 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
$365,000
13 Dec 2019 · derived via latest_sale
Local land rate: recorded House sales in Dennington (last 5 years) with land size have a median of $975/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Dennington
-43.2%
Median sale
Suburb $643,000
+3.09 pp
Gross yield
Suburb 4.05%
Suburb median $643,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Warrnambool
Warrnambool, 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.
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 538 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.” 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: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $501/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 538 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
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
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo WarrnamboolThis modern, low maintenance home built in 2016 is still under new home warranty and eligible for the 1st home buyers grant! An amazing opportunity that saves thousands!!
A front porch provides a sheltered entry, with a widened hallway greeting you inside with tiles for protection and easy cleaning given it's a high traffic area. The remainder of the hall is fitted with carpet through to the rear living area. An extremely neat single garage with plastered walls and painted concrete also gives direct access inside to the hallway.
There is an open plan living area at the rear, providing both a north and west facing aspect and combining a tiled kitchen/ dining space with carpet in the living area.
The kitchen has a 600ml gas cook-top with electric oven, built in pantry and a dual sink with extra bench space for food preparation or presentation to guests. The convenience of an open plan layout provides a connection with the kitchen and spacious dining area. Direct access to a multi-purpose entertaining and wallpaper feature wall adding a touch of pizazz.
The spacious master suite also has a wall-papered feature wall, ceiling fan, east facing window to capture the morning sun, walk in robe and the convenience of an en-suite. The remaining bedrooms both have built-in robes, ceiling fans and are fitted with feature wallpaper on a single wall.
Outside features keep the surprises coming with a spacious entertaining area featuring windows for winter protection, yet allowing the warm sunlight in to be opened for summer use. An added bonus of an outdoor alfresco area located on the north side of the rear yard sits nice and low for wind protection, yet is bathed in sun. The alfresco has been fitted with built in seating, extra bench space for a barbecue or food preparation area and a large fire pit. What a place to sit under the stars on a clear night with family or friends!
All this on 538m2 of land means you still have grassed areas on both sides of the home and the option of flat ground behind the concrete parking bay if extra room is needed. The concrete parking bay is ideal for those needing a caravan or boat space. The rural type outlook at the back of the home, with a view of the sand dunes, adds nicely to the already tranquil feel of this well presented property with nothing further to do. If you're an investor, the owners are prepared to stay on for 12 months while they build with an exceptional rental return on offer! Alternatively, buyers looking to owner occupy are also catered for with the owners being flexible either way. For further details, please feel free to contact me directly at anytime.
Listing description written by Phil Gray, Stockdale & Leggo Warrnambool — reproduced as published, not verified by Districts.