Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › South Melbourne › Cecil St

229 Cecil St, South Melbourne VIC 3205

House

4

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

Nothing about this record stands out yet — coverage may still be filling in.

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 2 (NRZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO440) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO440) 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

No recorded sale price for this property yet.

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 2

NRZ2

Jurisdiction

Port Phillip

Port Phillip, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 428556393

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. Soldprice unknown17 Apr 2020
  2. Listedprice unknowncompleted20 Feb 2020
  3. Listedprice unknowncompleted20 Feb 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 2 · NRZ2 (ZN). Official parcel area about 515 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. The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO440). 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 $626/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

The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO440). 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 2 · NRZ2 (ZN). Official parcel area about 515 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

    The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO440). 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

South Melbourne in one glance

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Keep researching

  • Why South Melbourne? Read the area thesis →
  • What else is on the market in South Melbourne →
  • Other records on Cecil St →

Listing material

Listed by The Agency Victoria

The Highest Levels Of Luxury

Note: Inspections via private appointment only.

Setting a new benchmark in contemporary design and luxury, every element of this brand new architecturally striking residence will impress with its bespoke style, first class finishes and exceptional proportions. Designed to deliver the finest in executive family living, it is perfectly situated close to Albert Park Lake, St Vincent Gardens, South Melbourne Market, shops and eateries on Clarendon Street plus transport and schools.

The stunning interior is highlighted by clean lines, neutral tones and a meticulous attention to detail. Beautiful timber floors flow through the ground level entry past a fitted study nook to a sublime gourmet kitchen boasting a suite of Miele appliances including induction cooktop, two wall ovens and integrated dishwasher plus integrated fridge/freezer and Vintec wine fridge superbly set against stone benches. Adjoining this space, generous open plan living and dining awash with natural light is fitted with a fireplace and extends out through full width glass sliders to a gorgeous sun dappled courtyard with lush landscaping and outdoor kitchen, perfect for seamless indoor and outdoor entertaining.

Read the full description

On the first floor, an opulent main bedroom with luxurious walk in robe and dressing room plus a lavish ensuite complete with dual vanity and freestanding bath is complemented by a second bedroom with robes and ensuite. On the second floor, two extra bedrooms with robes and use of an ultra stylish family bathroom, while a retreat offers outstanding versatility for families and opens out to a sun drenched balcony with views of the picturesque heritage streetscape opposite.

Comprehensively appointed throughout, each level is connected by a private lift. Additional features include a basement level with flexible living space, European laundry, powder room and wine storage, two secure basement parking spaces, alarm, ducted heating and cooling.

In conjunction with Peter Zervas 0405 682 173 – Greg Hocking Holdsworth

Listing description written by Brendan Walker, The Agency Victoria — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.