Pascoe Vale South at a glance
11,095
People
$1,300,000
Median sale
$570/wk
Median rent
2.28%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
VIC › Pascoe Vale South › Greenbank Cres
$1,126,000
Last sold
28 Feb 2020
3
Bedrooms
1
Bathrooms
2
Car spaces
495 m²
Land
Districts View
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
$1,126,000
28 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Pascoe Vale South (last 5 years) with land size have a median of $2,445/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Pascoe Vale South at a glance
11,095
People
$1,300,000
Median sale
$570/wk
Median rent
2.28%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Pascoe Vale South
-13.4%
Median sale
Suburb $1,300,000
+0.35 pp
Gross yield
Suburb 2.28%
Suburb median $1,300,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Merri-bek
Merri-bek, 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.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 486 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.
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 CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. 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
No advertised rent is recorded. Suburb median rent $570/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 486 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
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Pascoe Vale South at a glance
11,095
People
$1,300,000
Median sale
$570/wk
Median rent
2.28%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MATTHEWS. EssendonWELCOME HOME
This place is truly magical. For starters, it was the first house built on the hill, so it oozes period charm inside and out. It's also been tastefully renovated so there's nothing to do but move in and enjoy. Also, lots of homes have views, and many have a pool. But try finding another place where you can enjoy sweeping valley views from the luxurious comfort of your own private resort-style pool. Close to all the good things, plus you get into the Strathmore Secondary College zone without the Strathmore price tag.
THESE ARE YOUR NEIGHBOURS
COFFEE – Old Faithful Café, Parkstone Coffee, Saint Lloyd
EAT – il caminetto, Convoy Moonee Ponds, Postmistress Eatery
TREAT - O'Heas Bakery, Miinot Gelato, Gusto Bakery
DRINK – Bar Tobala, Edward Abbot Wine Bar, NOYADE
WELLNESS – Queens Park Swimming Pool, F45, Beautiology
THE FINER POINTS
| Three bedrooms (two large with BIRs) | Fully-tiled bathroom with double vanity, frameless shower and in-floor heating | Fully-tiled laundry/powder room (2nd WC) | Spacious front lounge with views | Open dining area | Kitchen with stone benchtops and ample cupboard space | Electrolux cooking appliances | Bosch dishwasher | Ducted heating | Split-system a/c | Open fireplace | Lots of natural light | Comprehensive security | Custom lighting | Back yard with undercover patio and established fruit trees | Gas-heated pool with paved surrounds | Entertaining terrace | Double garage (r/c) with EV charger and large storage cupboards
FINAL WORD
You wanna get into Greenbank then show us your greenbacks.
*Please contact the listing agent if you wish to register to attend the virtual auction for this property. *
Listing description written by Matthews Agency, MATTHEWS. Essendon — reproduced as published, not verified by Districts.
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