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VIC › Leopold › Longview Ave

23 Longview Ave, Leopold VIC 3224

For saleHouse for Sale

$680,000–$748,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

4

Car spaces

715 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $680,000–$748,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $680,000–$748,000(Listing record · 16 Aug 2026)
  • FactLand 715 m²; no building size recorded.(Property record)
  • CalculationAsk is 5% below the Leopold median recorded sale ($715,750, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Leopold's advertised median rent ($521/wk), implied gross yield would be 3.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$680,000–$748,000

Asking range · $951/m² of land

No recorded sale for this property.

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Vs Leopold

-5.0%

Median sale

Suburb $715,750

+0.19 pp

Gross yield

Suburb 3.79%

Suburb median $715,750 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$680,000
Stamp Duty (Victoria)
$35,870
Transfer/Registration Fee
$1,695
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$721,265

$41,265 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Leopold's advertised median rent — not a rent for this listing.

Net yield
2.48%
Annual cashflow (pre-tax)
$-18,468
Interest cover (DSCR)
0.48
Annual rent
$27,092
Operating expenses
$10,200
Loan amount
$544,000
Annual interest
$35,360
Gross yield
3.98%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

  1. Listed$680,000–$748,000available16 Aug 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $521/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

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Leopold in one glance

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Keep researching

  • Why Leopold? Read the area thesis →
  • What else is on the market in Leopold →
  • Other records on Longview Ave →

Listing material

Listed by The Creek Real Estate

Renovated, Versatile & Offering So Much More

Set on a substantial 715m² (approx.) allotment in one of Leopold’s established residential pockets, 23 Longview Avenue presents an exciting opportunity to secure a property where much of the hard work has already been done, while still offering an exceptional amount of space, flexibility and potential.

Recently updated with a beautifully renovated kitchen and renovated main bathroom, the property offers the perfect balance of modern improvements and established living. Two of the biggest and most important areas of an established home have already been transformed, allowing the next owner to move in, enjoy the improvements and take their time with any further enhancements they may wish to make.

The main residence provides a comfortable and practical layout with three bedrooms, a generous living area, dedicated meals space, well-appointed kitchen, renovated central bathroom and separate laundry. The living spaces are light, functional and well connected, creating an inviting home for everyday family life.

Read the full description

The renovated kitchen is a real highlight, combining a clean contemporary finish with excellent bench space and storage, while its position within the home allows it to connect naturally with the adjoining meals and living areas. The recently completed main bathroom renovation continues the fresh feel, delivering a modern and stylish space without the need to take on the major renovation works yourself.

But it is beyond the main residence where 23 Longview Avenue really starts to stand apart.

Positioned to the rear of the property is an impressive additional space providing living, bedroom, kitchen and bathroom facilities, creating an incredible level of versatility rarely found in an established home.

Whether you're looking to accommodate teenagers who want their own space, provide privacy for extended family, create comfortable guest accommodation, establish a home-based business or simply have additional living space away from the main residence, the possibilities are extensive.

The additional spaces could also lend themselves to a home office, studio, hobby space or a range of other uses depending on your individual needs.

Outside, the substantial allotment continues to deliver.

A large established backyard provides plenty of room for children, pets, entertaining and enjoying the outdoors, while established gardens and a dedicated vegetable garden add to the property's established appeal. The extensive undercover entertaining and pergola areas create additional living space throughout the year, providing somewhere to relax, entertain friends or enjoy long summer afternoons with the family.

For those needing space for vehicles, trailers, caravans or recreational equipment, the property is exceptionally well equipped, with a double carport, generous driveway, extensive off-street parking and a substantial 6m x 3m shed.

There is a genuine sense of opportunity here — not because the property requires significant work, but because the combination of land, recent renovations, additional accommodation and outdoor space gives you the freedom to use the property in a way that suits your lifestyle.

Property highlights include:

- Substantial 715m² (approx.) allotment

- Recently renovated kitchen

- Recently renovated main bathroom

- Three-bedroom main residence

- Spacious living area

- Dedicated meals zone

- NBN Connection

- Additional rear accommodation with living, bedroom, kitchen and bathroom facilities

- Multiple living and entertaining zones

- Extensive undercover entertaining and pergola

- Large established backyard

- Established gardens and vegetable garden

- Substantial 6m x 3m shed

- Double carport

- Generous driveway and extensive off-street parking

- Excellent vehicle, caravan and trailer accommodation

- Flexible additional spaces suitable for a range of lifestyle requirements

Adding to the appeal is the property's established Leopold location, positioned close to local shopping, Leopold Primary School, early learning facilities, parks, recreation and the Bellarine Rail Trail. With convenient access to Geelong and the Bellarine Peninsula, the location provides an excellent balance between everyday convenience and the lifestyle opportunities of the surrounding region.

Whether you're a growing family looking for more room, buyers needing accommodation for extended family or teenagers, someone wanting dedicated work-from-home space, or simply looking for a property with genuine land and flexibility, 23 Longview Avenue deserves your attention.

The renovations are done. The space is here. The land is generous. And the possibilities are yours.

An exciting opportunity to secure a substantially improved and incredibly versatile property in an established Leopold location, offering the rare combination of recent renovations, substantial land, additional accommodation, entertaining space and room to grow.

*All information offered by The Creek Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such The Creek Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. The Creek Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS.

Listing description written by Andrew Flemming, The Creek Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gym
  • Living Areas: 2
  • Outdoor Entertaining
  • Rumpus Room
  • Shed
  • Study
  • Toilets: 3
  • Workshop
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.