Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
VIC › Parkdale › Herbert St
4
Bedrooms
2
Bathrooms
4
Car spaces
865 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Parkdale (last 5 years) with land size have a median of $2,333/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $574/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Parkdale at a glance
12,762
People
$1,597,500
Median sale
$574/wk
Median rent
1.87%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupSpoil yourself with the position, space and sensational bay vistas, this expansive family residence stands proud in the most epic of locations - just 250m (approx) back from the beach and access to the Bay Trail, which winds along for miles through picturesque natural parkland on the coast.
Start with the enormous 865sqm (approx) of land and the slightly elevated standing on the high side of the street; then combine the two levels of spacious family comfort - the multiple indoor and outdoor entertaining areas and a predominately north-west facing aspect, with soaring pitched ceilings and an abundance of windows taking in the glorious sunshine and transforming bay views.
Quality-built and contemporary with tasteful fittings and finishings throughout. Fresh white paint and Roman blinds, thoughtful family features like boundless built-in storage, LED downlights, alarm system, polished floorboards, ducted heating, air-conditioning plus an ambient wood heater and ceiling fans throughout.
Encompassing four large bedrooms with robes and two bathrooms - the main with a spa bath, shower and separate toilet - plus a downstairs guest powder room/3rd toilet. The master with a large walk-in robe, ensuite with twin vanities AND bay views from the beautiful corner window!
Three expansive living/entertaining zones - the upstairs living opening to an entertaining balcony to watch the sunsets and sea views; downstairs formal lounge and dining zones, and a large rear family meals area with a combustion wood heater, and gorgeous kitchen with expansive granite benchtops, a dishwasher, quality SS cooking appliances and abundant cabinets and drawers.
Opening to a 2nd entertaining deck under a high pitched roof plus a separate undercover patio, and all overlooking the huge backyard that will bring back a few childhood memories of your own! Kids play equipment and a cubby make way for the backyard cricket games as they transform into young adults before your eyes!
Zoned for Parkdale Primary and Parkdale Secondary College, and walking distance from some of Melbourne's finest private schools including St Bede's, Kilbreda, and Mentone & Mentone Girls Grammar. The beach, countless fine dining experiences, cafes, shopping strips and things to do, see and explore at your disposal every day of the year. Potential Rent: $800-$850 per week.
** Online bidding is available for this auction - it is via the GAVL app. If you are bidding, please contact Kevin or Nakita to discuss this once you have inspected the property. GAVL offers buyers the opportunity to watch and bid in real-time **
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.