Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
VIC › Aspendale › Larnook Cres
$1,270,000
Last sold
4 Oct 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
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
$1,270,000
4 Oct 2025 · derived via latest_sale
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale
-11.7%
Median sale
Suburb $1,437,500
+0.30 pp
Gross yield
Suburb 2.29%
Suburb median $1,437,500 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $632/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MAK REALTYSignificantly enhanced by its prime position within arm's reach of nature reserves and beaches, 21 Larnook Cres, Aspendale offers exciting potential for you to rise to the renovation challenge or consider the options to redevelop or renew upon its superb 624sqm approx. allotment. STCA. Moments from Aspendale's sparkling shores, this 624sqm (approx.) of prime real estate is 35.08 meters deep with an oversized 17.9-meter frontage.
Beyond its traditional brick facade, the existing home is in need of some TLC with its three-bedroom layout offering an entrance foyer, spacious lounge room, functional kitchen and meals zone with breakfast bench, master with walk-in-robe and ensuite, family bathroom, large laundry and a huge covered entertaining zone.
A single garage provides a secure space to store your vehicle whilst you take a leisurely stroll along the nearby walking trails and nature reserves, or head out for a day at the beach.
THE SPECIFICS.
• Offered in semi-liveable condition, with some repairs required.
• Three bedrooms, including a master with walk-in-robe and ensuite, accompanied by a family bathroom and large laundry.
• A spacious lounge room is accompanied by a functional kitchen with breakfast bench and a large meals area.
• Outside, you'll find a huge covered entertaining zone and backyard.
• Further complemented by a single garage.
THE LOCATION.
• Footsteps from Longbeach Walking Trail and nature reserve.
• A short walk from Aspendale Primary and St Louis de Montfort's Primary.
• Enviably close to Mordialloc College, golf courses and beaches.
• Well placed for access to Aspendale shops, train station and Nepean Hwy.
THE CLOSE.
In need of a little TLC, 21 Larnook Cres, Aspendale offers the ideal base for a renovation or redevelopment project with 624sqm approx. of prime land underfoot. Significantly enhanced by its enviable location, the existing 3-bedroom, 2-bathroom home offers a spacious lounge, functional kitchen and meals zone with breakfast bench, large laundry, huge covered entertaining zone and a single garage.
THE AGENTS.
Claude Makdesi | 0405 342 224
Carlos Makdesi | 0401 132 424
THE DISCLAIMER.
Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Claude Makdesi, MAK REALTY — reproduced as published, not verified by Districts.