Elwood at a glance
16,424
People
No data
Median sale
$561/wk
Median rent
No data
Suburb gross yield
VIC › Elwood › Gordon Ave
$2,000,000–$2,200,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
0
Car spaces
239 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
Asking
$2,000,000–$2,200,000
Asking range · $8,368/m² of land
No recorded sale for this property.
Elwood at a glance
16,424
People
No data
Median sale
$561/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$117,314 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Elwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $561/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.
Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Elwood at a glance
16,424
People
No data
Median sale
$561/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Woodards BaysideFrom the street, it's everything you love about Elwood. A quiet row of classic Edwardian homes. Established trees. A community where people still say hello.
Step through the front door and the original home welcomes you with three bedrooms, where Edwardian proportions, high ceilings and period character sit comfortably alongside contemporary joinery.
Then the house begins to unfold. The ceilings rise. The feeling changes.
Inspired by Frank Lloyd Wright and the principles of mid-century modernism, the home combines honest materials, beautiful proportions and a timeless connection between inside and out. Double brick construction, polished concrete floors, hydronic heating, designer fittings and integrated storage create spaces that feel calm, solid and remarkably easy to live in.
The best design often goes unnoticed. The side entrance lets you arrive home without passing the front bedrooms. Perfect for groceries, late nights, or sleeping kids. The kitchen naturally becomes the place everyone gathers, with the sculptural concrete bench at its centre. Homework after school. Friends sharing a glass of wine (or three). Long dinners that continue well after the plates have been cleared.
The flexible living spaces evolve as family life changes. A playroom today. A teenage retreat tomorrow. A home office, library or additional bedroom in the years ahead.
Wherever you are, your attention is drawn outside. The courtyard. The private gate opening directly into the park. Walls of glass and carefully positioned skylights bring the landscape into the home, while morning light moves across the polished concrete and the changing seasons quietly become part of everyday life.
Despite the generous sense of space, the home asks very little in return. The gardens are intentionally low maintenance, leaving weekends for the things that matter more. A swim at Elwood Beach before breakfast. Coffee in the village. Kids disappearing through the back gate to the park. Friends staying longer than planned around the barbecue.
It's a house that feels remarkably peaceful. Not because it's hidden away, but because it has been designed to slow life down.
Within easy walking distance of Elwood Primary School, Elwood Village and the beach, this is a home that reveals itself gradually. The longer you spend here, the more you appreciate the changing light, the connection to nature and the quiet confidence of thoughtful design.
A home that doesn't demand your attention. It simply makes everyday life a little better.
Listing description written by Sam Paynter, Woodards Bayside — reproduced as published, not verified by Districts.