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VIC › North Geelong › Power Way

21 Power Way, North Geelong VIC 3215

House

$670,000

Last sold

26 June 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

415 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 $670,000 (26 June 2025).(Recorded sale)
  • FactLand 415 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in North Geelong (last 5 years) with land size: median $1,544/m² of land (n=57). 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 · 2 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 9 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1DEVELOPMENT PLAN OVERLAY - SCHEDULE 9 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

$670,000

26 June 2025 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in North Geelong (last 5 years) with land size have a median of $1,544/m² of land (n=57). Districts calculation from recorded sales — not a valuation.

North Geelong at a glance

3,350

People

$721,000

Median sale

$472/wk

Median rent

3.40%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full North Geelong report →

Vs North Geelong

-7.1%

Median sale

Suburb $721,000

+0.26 pp

Gross yield

Suburb 3.40%

Suburb median $721,000 from 11 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

Greater Geelong

Greater Geelong, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • DEVELOPMENT PLAN OVERLAY - SCHEDULE 9Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 221161873

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

202020232025$625k$670k
  • Sold (recorded)
  1. Sold$670,00026 June 2025
  2. Listedprice unknowncompleted10 June 2025
  3. Listedprice unknowncompleted10 June 2025
  4. Sold$625,0009 Dec 2020
  5. Listedprice unknowncompleted17 Nov 2020
  6. Listedprice unknowncompleted17 Nov 2020

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 415 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. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 9. This overlay can reduce what the land size appears to promise. 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 $472/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 415 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 9. This overlay can reduce what the land size appears to promise.

  • 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

North Geelong in one glance

North Geelong at a glance

3,350

People

$721,000

Median sale

$472/wk

Median rent

3.40%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full North Geelong report →

Keep researching

  • Why North Geelong? Read the area thesis →
  • What else is on the market in North Geelong →
  • Other records on Power Way →

Listing material

Listed by McGrath Geelong | Newtown

Blissful Living In The Geelong Golf Course Estate

AGENT ON SITE - Saturday, 5th December 2:15pm-2:45pm

You must contact the Agent to register your interest and secure your inspection at this private appointment prior to attending this property.

Less than five years old, this low-maintenance home promises a carefree lifestyle. Situated in the Geelong Golf Course Estate, you'll love that the generous backyard borders the lush greens of the golf course – meaning an idyllic outlook is yours to enjoy every day of the week.

Read the full description

With the interiors in spotless condition, there's nothing left to do except move in and enjoy. The open plan living zone is bathed in natural light, while the lounge can be sectioned off for privacy. The kitchen makes a stylish statement in black and white, with quality features including stone benchtops and stainless steel appliances.

A blissful lifestyle awaits with both Shannon Avenue and Pakington Street within easy reach. The North Geelong Train Station is close by for Melbourne commuters, while families will appreciate easy access to schools. With the First Home Owner Grant available to eligible buyers, this is an irresistible opportunity for first home buyers. Inspect without delay.

- Open plan living zone flows onto the sheltered alfresco

- Kitchen showcases a breakfast bar and large walk-in pantry

- S/steel dishwasher and 900mm oven, gas cooktop, rangehood

- Separate lounge offers versatility as a kids play space

- Master BR features a dual walk-in robe and en suite

- Two additional BRs are complete with built-in robes

- Stone benchtops add a touch of luxury to both bathrooms

- Ducted heating, s/system air conditioner, European laundry

- Secure pin code entrance and low-maintenance backyard

- Remote double lock-up garage features built-in storage

Listing description written by Aisha Coe, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.

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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.