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VIC › Surrey Hills › Kennealy St

21 Kennealy St, Surrey Hills VIC 3127

House

$2,220,000

Last sold

9 Dec 2023

4

Bedrooms

2

Bathrooms

1

Car spaces

694 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 $2,220,000 (9 Dec 2023).(Recorded sale)
  • FactLand 694 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Surrey Hills (last 5 years) with land size: median $3,098/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 (NRZ3) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO634) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO634) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

What this lot has actually traded at

Last sold

$2,220,000

9 Dec 2023 · derived via latest_sale

Local land rate: recorded House sales in Surrey Hills (last 5 years) with land size have a median of $3,098/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Vs Surrey Hills

+19.0%

Median sale

Suburb $1,866,000

-0.28 pp

Gross yield

Suburb 1.78%

Suburb median $1,866,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3

NRZ3

Jurisdiction

Boroondara

Boroondara, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 799466

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

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$2,220,0009 Dec 2023
  2. Listedprice unknowncompleted10 Nov 2023
  3. Listedprice unknowncompleted10 Nov 2023

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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 696 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 696 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO634). Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

Official parcel about 696 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO634). Heritage can block demolition and dual occupancy even when land size looks like a site.

Read more

Nearby competing dwellings and net yield are still unknown.

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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 696 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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 696 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO634). Heritage can block demolition and dual occupancy even when land size looks like a site.

  • 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

Surrey Hills in one glance

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Keep researching

  • Why Surrey Hills? Read the area thesis →
  • What else is on the market in Surrey Hills →
  • Other records on Kennealy St →

Listing material

Listed by HEAVYSIDE

Graceful character in premier location

Watch the auction live here: https://heavyside.co/live-auction/

THE PROPERTY

Welcomed by a leafy street canopy, this Spanish mission style four-bedroom house rests proudly on a 694sqm approx. block, perfectly placed to take full advantage of the multitude of attractions in the area. Boasting a heritage-listed façade and period features throughout, the home is beautifully presented, with plenty of scope for further improvement through a value-add renovation or extension. Inside, the fireside formal living and plush dining domains are framed by picturesque garden views, with high ceilings, ornate cornices and leadlight windows enhancing the appeal. Continuing through to the stylish kitchen, the resident chef will adore the quality appliances, stunning splashbacks, ample pantry storage and built-in breakfast bar. Dual options for the main bedroom offer flexibility to suit your lifestyle, with three robed bedrooms at the front of the home serviced by the spacious bathroom, and a fourth privately positioned at the rear complete with a luxe ensuite. Further inclusions of laundry facilities, heating and cooling, attic storage and a remote single garage/workshop make this exciting home a must see.

Read the full description

THE FEATURES

• Spanish mission style home with four bedrooms & two bathrooms

• Proudly positioned on a leafy street in the heart of Surrey Hills

• Sparkling kitchen features quality appliances & stunning splashbacks

• Dual main bedroom options, one with ensuite & access to rear yard

• Spacious main bathroom includes bath, shower, vanity & separate toilet

• Dedicated laundry with convenient linen press storage

• Large fully enclosed rear yard with lawns, easy-care gardens & fully-automated watering system

• Remote single garage/workshop, plus gated off-street parking

• Ducted heating & air conditioning for absolute comfort

THE LOCATION

Set in a coveted position, only a short stroll from cafés, shopping and gourmet eateries, as well as Union & Chatham Station, Surrey Gardens, and local schools including Canterbury Primary, Strathcona Baptist Girls' Grammar, Siena College and Camberwell High School.

TERMS: 60|90 days

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.