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VIC › Mount Duneed › Grevillea Dr

21 Grevillea Dr, Mount Duneed VIC 3217

For saleHouse for Sale

$880,000–$960,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

420 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $880,000–$960,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $880,000–$960,000(Listing record · 12 June 2026)
  • FactLand 420 m²; no building size recorded.(Property record)
  • CalculationAsk is 22% above the Mount Duneed median recorded sale ($720,000, n=186, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Duneed's advertised median rent ($596/wk), implied gross yield would be 3.52% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$880,000–$960,000

Asking range · $2,095/m² of land

No recorded sale for this property.

Mount Duneed at a glance

11,341

People

$720,000

Median sale

$596/wk

Median rent

4.30%

Suburb gross yield

Median sale from 186 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Duneed report →

Vs Mount Duneed

+22.2%

Median sale

Suburb $720,000

-0.78 pp

Gross yield

Suburb 4.30%

Suburb median $720,000 from 186 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$880,000
Stamp Duty (Victoria)
$47,870
Transfer/Registration Fee
$2,164
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$933,734

$53,734 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mount Duneed's advertised median rent — not a rent for this listing.

Net yield
2.02%
Annual cashflow (pre-tax)
$-27,968
Interest cover (DSCR)
0.39
Annual rent
$30,992
Operating expenses
$13,200
Loan amount
$704,000
Annual interest
$45,760
Gross yield
3.52%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$880,000–$960,000available12 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $596/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Duneed in one glance

Mount Duneed at a glance

11,341

People

$720,000

Median sale

$596/wk

Median rent

4.30%

Suburb gross yield

Median sale from 186 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Duneed report →

Keep researching

  • Why Mount Duneed? Read the area thesis →
  • What else is on the market in Mount Duneed →
  • Other records on Grevillea Dr →

Listing material

Listed by Armstrong Real Estate Geelong

Custom-Designed Living in Mount Duneed

This luxuriously upgraded four-bedroom home combines modern design, quality finishes and practical family living. Showcasing a custom facade with concrete and dark brick elements, the home immediately stands out with its contemporary street appeal. Thoughtfully designed throughout, the spacious floorplan offers two living zones, four bedrooms, two bathrooms, and a study nook, all complemented by premium upgrades including herringbone flooring, Smeg appliances and quality finishes throughout. Conveniently located close to Mount Duneed Village, local schools, parks and sporting facilities, this home delivers an exceptional lifestyle opportunity in one of the area's most sought-after pockets.

Kitchen: Designed to impress, the kitchen showcases 40mm stone benchtops, a spacious island bench, Smeg appliances including an induction cooktop and oven, and a sophisticated combination of dark timber and black cabinetry. An integrated double sink with black fixtures complements the space, while abundant storage is provided through additional push-to-open cupboards and a spacious walk-in pantry complete with shelving and a fridge cavity.

Open plan living/dining: The heart of the home is the light-filled open-plan living and dining area, where herringbone flooring adds warmth and character throughout. Large windows invite natural light, complemented by roller blinds and floor-to-ceiling sheer curtains. Downlights, ducted heating and a split-system heating and cooling unit ensure year-round comfort, while sliding glass doors provide seamless access to the undercover alfresco, creating an inviting space for everyday living and entertaining.

Read the full description

Second living: Positioned open to the entrance hall, the second living zone offers flexibility for a family lounge, children's playroom, or home office. Featuring herringbone flooring, downlights and ducted heating, this versatile space also enjoys direct access to an outdoor timber deck via a sliding door.

Master suite: The spacious master suite provides a luxurious retreat, complete with plush carpet, ceiling fan, downlights, ducted heating and split-system heating and cooling. Large windows fitted with both day blinds and roller blinds allow for natural light and privacy, while the generous walk-in robe offers extensive shelving and storage. Open to the bedroom, the ensuite features dual vanities with 20mm stone benchtops, black fixtures, stone splashbacks, twin mirrors and ample storage. A semi-private shower with black fittings and removable showerhead is complemented by a private, tucked-away toilet.

Additional bedrooms: The remaining bedrooms are generously sized and fitted with soft carpet, ceiling fans, roller blinds and ducted heating. Spacious built-in robes provide ample hanging and storage space.

Main bathroom: The main bathroom features a freestanding bath, spacious shower with removable showerhead and black fittings, and a vanity with 20mm stone benchtop, storage and mirror. A privacy window with roller blind allows natural light to enter while maintaining privacy.

Outdoor: Designed for easy outdoor living, the undercover timber deck alfresco is fitted with downlights and provides the perfect setting for entertaining. The low-maintenance backyard features established gardens and turf, while exposed aggregate concrete paths surround the home. A second timber deck flows directly from the additional living area, further enhancing the indoor-outdoor connection. Completing the impressive street appeal are exposed aggregate driveway finishes, stone landscaping and concrete stepping pavers leading to the front entrance.

Mod Cons: Herringbone flooring, downlights throughout, floor-to-ceiling sheer curtain, Smeg appliances, black fixtures throughout, study nook to hallway, separate powder room with vanity and mirror, laundry with stone benchtop and external access, ample storage and cabinetry throughout, ducted heating, split-system heating and cooling, and a custom-designed façade with concrete and dark brick detailing.

Ideal for: Couples, families & investors.

Close by facilities: Moments from Mount Duneed Village, Mirripoa Primary School, Mount Duneed Saltwater Swim School, Jetts Gym, local parks, playgrounds, walking tracks and sporting facilities. Close to Armstrong Creek Town Centre, Lutheran College and Waurn Ponds Shopping Centre, with easy access to Geelong CBD, Torquay, the Geelong Ring Road and Melbourne via Baanip Boulevard.

*All information offered by Armstrong Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Armstrong Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Armstrong Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*

Listing description written by Bella Hill, Armstrong Real Estate Geelong — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.