Hamlyn Heights at a glance
6,558
People
$780,000
Median sale
$466/wk
Median rent
3.11%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Hamlyn Heights › Drysdale Ave
3
Bedrooms
2
Bathrooms
0
Car spaces
613 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Hamlyn Heights (last 5 years) with land size have a median of $1,160/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Hamlyn Heights at a glance
6,558
People
$780,000
Median sale
$466/wk
Median rent
3.11%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
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 $466/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Hamlyn Heights at a glance
6,558
People
$780,000
Median sale
$466/wk
Median rent
3.11%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyA clean slate opportunity not to be missed in the proven and ongoing growth suburb of Hamlyn Heights on approximately 613sqm (General Residential Zone - Schedule 4). Young families, astute investors, first home buyers and developers have identified the extensive location perks and value for money in the Hamlyn Heights area. Ring Road access to Melbourne/Surf Coast and a short drive to the Geelong CBD and Waterfront. These elements backed up by terrific schooling options within walking distance, major supermarkets, cafes, recreational trails, sporting facilities and public transport all close by. The central shopping strip on Vines Road (only a short walk) is fast changing with new café culture, re-vamped IGA supermarket plans and re-developed commercial spaces becoming available. Local pharmacy, butcher and post office amongst the essentials.
The home at 21 Drysdale Ave is a classic example of the original suburb blueprint with attractive block component and a family orientated weatherboard home. This property is ripe for multiple use - renovate, re-develop (STCA) or re-let with a proven tenancy track record. Many of the fundamentals already in place including generous bedrooms, living areas capturing plenty of sunshine and a 2nd Bathroom. Polished timber floors, split-system air conditioning, gas heating and separate laundry amongst to the list of must-haves.
A big back yard ticks the boxes for young families where kids have their own sanctuary to enjoy after a short walk home from school - space for a drop punt and backyard birthdays on the weekends. Rear townhouse propositions (STCA) will also come to mind for those looking to harness re-development opportunity with side driveway access of over 3 meters wide.
As good as it gets for multi-usage opportunity in a premier growth suburb. Act now - Auction Saturday April 10th, 1pm.
Potential rental return $360 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
In order to protect the health and safety of all Gartland Property staff and clients, and In-line with current COVID-19 (Coronavirus) updates, you may be asked to adhere to current social distancing recommendations when inspecting this property.
Listing description written by Tom Luxton, Gartland Property — reproduced as published, not verified by Districts.