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VIC › Nyora › Grundy Ave

21 Grundy Ave, Nyora VIC 3987

House

$330,000

Last sold

14 Nov 2016

4

Bedrooms

2

Bathrooms

4

Car spaces

2,389 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $330,000 (14 Nov 2016).(Recorded sale)
  • FactLand 2,389 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nyora (last 5 years) with land size: median $157/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$330,000

14 Nov 2016 · derived via latest_sale

Local land rate: recorded House sales in Nyora (last 5 years) with land size have a median of $157/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Nyora at a glance

1,621

People

$926,000

Median sale

$483/wk

Median rent

2.71%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Nyora report →

Vs Nyora

-64.4%

Median sale

Suburb $926,000

+4.90 pp

Gross yield

Suburb 2.71%

Suburb median $926,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

South Gippsland

South Gippsland, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 45288878

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. Soldprice unknown19 Mar 2021
  2. Listedprice unknowncompleted18 Mar 2021
  3. Listedprice unknowncompleted18 Mar 2021
  4. Sold$330,00014 Nov 2016
  5. Listedprice unknowncompleted9 Sept 2016
  6. Listedprice unknowncompleted9 Sept 2016

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,434 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.

What could kill that thesis?

Confidence: low

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. 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 $483/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,434 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

    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?

    Knownmedium

    Official parcel about 2,434 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Nyora in one glance

Nyora at a glance

1,621

People

$926,000

Median sale

$483/wk

Median rent

2.71%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Nyora report →

Keep researching

  • Why Nyora? Read the area thesis →
  • What else is on the market in Nyora →
  • Other records on Grundy Ave →

Listing material

Listed by Asset Property Sales

WRITE YOUR OWN FAIRYTALE

A story book home with the lot with the possibilty of subdivision of the land.

This character filled story book home is one of the original homesteads and steeped in history and is a 100-year-old plus.

Situated in the rural village of Nyora with only 15 mins to Westernport bay for all the water activities and 30 mins to Pakenham or Cranbourne, 1 min walk to primary school and 1 min walk to shops, is this character filled 4 br home on top of a whopping ½ acre allotment.

Read the full description

Immediately you will notice the uniqueness and charm this family home delivers. Recently renovated including re painted inside and out, this classic has been brought back to life, including new carpets. With a combination of beautiful hardwood flooring, porcelain tiling, lead lighting, and beautiful fireplace. Upstairs balcony with great views,

Updated in vogue bathroom and free-standing bath, kitchen with loads of cupboard space and 900mm stainless steel oven and new dishwasher.

Keep cool all year with ceiling fans, split systems, evap cooling and keep warm with wood heater. To top it off your bills will be kept down with 18 Solar Panels!!!

With an impressive 3 lounge rooms for zoned family living, and downstairs master suite with a huge walk-in robe for the fashion queens or kings. Boutique ensuite bathroom with his and her basins.

Outside you get the true sense of country living and space, including a whopping 4 car garage plus workstation, ideal for the tradies, or storage also, ability to grow your own veggies, chook shed, duck pond, or even have your own livestock.

Don't miss this rare opportunity.

Listing description written by Trent Marden, Asset Property Sales — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • 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.