Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Yarraville › St Leonards Ave

23 St Leonards Ave, Yarraville VIC 3013

For saleHouse

$1,875,000–$2,045,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

4

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,875,000–$2,045,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,875,000–$2,045,000(Listing record · 26 Aug 2026)
  • CalculationAsk is 69% above the Yarraville median recorded sale ($1,108,500, n=32, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Yarraville's advertised median rent ($623/wk), implied gross yield would be 1.73% — 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

$1,875,000–$2,045,000

Asking range

No recorded sale for this property.

Yarraville at a glance

16,363

People

$1,108,500

Median sale

$623/wk

Median rent

2.92%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Yarraville report →

Vs Yarraville

+69.1%

Median sale

Suburb $1,108,500

-1.19 pp

Gross yield

Suburb 2.92%

Suburb median $1,108,500 from 32 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
$1,875,000
Stamp Duty (Victoria)
$103,125
Transfer/Registration Fee
$3,614
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
$1,985,439

$110,439 on top of the price (5.9% 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 Yarraville's advertised median rent — not a rent for this listing.

Net yield
0.23%
Annual cashflow (pre-tax)
$-93,229
Interest cover (DSCR)
0.04
Annual rent
$32,396
Operating expenses
$28,125
Loan amount
$1,500,000
Annual interest
$97,500
Gross yield
1.73%

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$1,875,000–$2,045,000available26 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 $623/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 1.7%. 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

Yarraville in one glance

Yarraville at a glance

16,363

People

$1,108,500

Median sale

$623/wk

Median rent

2.92%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Yarraville report →

Keep researching

  • Why Yarraville? Read the area thesis →
  • What else is on the market in Yarraville →
  • Other records on St Leonards Ave →

Listing material

Listed by Village Real Estate Seddon

Architecturally designed for unmatched family living

Meticulously designed by its architect owner, this breathtaking four-bedroom, three-bathroom home is a triumph of considered design, refined sophistication and enduring appeal, ideally situated in a quiet pocket of Yarraville close to every convenience.

Unfolding over two spacious levels, this is a house where everyone can enjoy privacy, and time together is relaxed and easy thanks to two living areas and a spectacular resort-style garden with room for the kids to play, a heated swim-spa and two dedicated alfresco entertaining zones.

Designed and executed with a desire to enjoy the ‘everyday’ top of mind, you’ll appreciate conveniences you didn’t know you needed, a floorplan that really ‘works’ and a level of comfort most can only dream of. As perfect for families as it is for couples who love to host and entertain, this truly impressive home is a must for the inspection list.

Read the full description

-stunning four-bedroom, three-bathroom home situated in a tranquil pocket of Yarraville

-an outstanding opportunity for discerning buyers seeking a beautifully crafted home to love forever

-architecturally designed to create a light-filled, supremely comfortable and carefully considered haven as ideal for couples as it is for growing families. The thoughtful floorplan ensures both privacy and space for spending time together, while bespoke design choices ensure superb functionality for everyday living—this is a home where your lifestyle has been integrated into every choice in order to make everyday living feel effortless

-superb outdoor entertaining – a side courtyard offers a spacious yet intimate space for alfresco entertaining, morning coffee and family gatherings + rear covered deck equipped with Ziptrack blinds and heating ensuring all-weather use

-huge, resort-style backyard with manicured lawn, bamboo privacy screening, warm feature lighting for evening ambience and a luxurious, heated swim-spa perfect for year-round use

-free-standing office pod tucked at the rear of the garden, ideal for those working from home

-spectacular open-plan living delivering a social heart to the home, with spacious dining and lounge zones joined by a beautifully appointed stone-topped kitchen with Bosch and Westinghouse appliances. The space opens seamlessly to the side alfresco entertaining deck and rear covered deck for relaxed indoor/outdoor living, with the outdoor spaces providing seamless extensions of the internal living area

-upstairs retreat provides another spacious, inviting living zone

-spacious main bedroom with large walk-behind robe, luxe ensuite and stunning city views

-three additional bedrooms, including two with walk-in robes and one privately positioned on the lower level

-a family bathroom positioned on each level for ultimate convenience

-walk-in laundry with internal/external access

-ducted heating + split-system heating/cooling for constant comfort

-double-glazing + eighteen solar panels with 5.0kW inverter

-secure double garage with internal and courtyard access + driveway parking for two additional cars + easy/free street parking for guests

-ideally situated to offer the perfect balance of peaceful escape, easy city access and proximity to shops, cafes and Yarraville Village. St. Leonards Avenue is a quiet cul de sac culminating at the Stony Creek Trail, offering instant access to a scenic path into Cruickshank Park, while the Wembley Avenue shops offer conveniences and great coffee a four-minute walk from home. Walk to Yarraville Square for eateries, gourmet grocers and the convenience of Coles and drive to Yarraville Village in just five minutes to enjoy it vibrant café culture, diverse dining and boutique shopping. Stock up at the village’s selection of gourmet grocers, meet friends at a cosy wine bar and catch a move at the historic Sun Theatre

-only 10.4km from the CBD with nearby freeway and tunnel access + regular trains from nearby Yarraville Station + easy access to cycling paths for a safe bike ride to the city

-sought-after school zone – Wembley Primary School (just across the street) and Footscray High School’s Pilgrim campus (eight-minute drive)

Information provided herein is believed to be accurate at the time of publishing, no responsibility is taken for any errors or omissions. It is the responsibility of the Purchaser to obtain independent professional advice and verification.

Listing description written by Huss Saad, Village Real Estate Seddon — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Broadband
  • Courtyard
  • Deck
  • Dishwasher
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
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.