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VIC › Rowville › Valleyview Dr

24 Valleyview Dr, Rowville VIC 3178

For saleHouse for Sale

$941,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

652 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $941,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $941,000(Listing record · 22 July 2024)
  • FactLand 652 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Rowville's advertised median rent ($577/wk), implied gross yield would be 3.19% — 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

$941,000

Asking · $1,443/m² of land

No recorded sale for this property.

Rowville at a glance

34,063

People

No data

Median sale

$577/wk

Median rent

No data

Suburb gross yield

See the full Rowville report →

Total cost to purchase

Purchase Price
$941,000
Stamp Duty (Victoria)
$51,530
Transfer/Registration Fee
$2,306
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
$998,536

$57,536 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

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

Net yield
1.69%
Annual cashflow (pre-tax)
$-33,043
Interest cover (DSCR)
0.32
Annual rent
$30,004
Operating expenses
$14,115
Loan amount
$752,800
Annual interest
$48,932
Gross yield
3.19%

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$941,000available22 July 2024

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 $577/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 3.2%. 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

Rowville in one glance

Rowville at a glance

34,063

People

No data

Median sale

$577/wk

Median rent

No data

Suburb gross yield

See the full Rowville report →

Keep researching

  • Why Rowville? Read the area thesis →
  • What else is on the market in Rowville →
  • Other records on Valleyview Dr →

Listing material

Listed by Real Agency Real Estate

Appx. 652m2 Flat & Rectangle Block of Land Huge Potentials

Set on an approx. 652sqm and ideally nestled in a sought-after pocket backing on to the tranquil Waterford Valley lakes and parklands, just a short stroll to Karoo Primary and within easy reach of Rowville Secondary College, Rowville Lakes Village, and with Stud Park Shopping Centre, Eastlink, this brick veneer family home offers you a distinctive lifestyle living options both indoor & outdoor. A sensational opportunity for first home buyers, downsizers, renovators or investors and developers alike, or to knock down and rebuild your dream home, the choice is entirely yours.

• Tucked away in a serene family neighbourhood backing on to parkland and trails in the sought-after Karoo Primary

School zone with short driving distance;

Read the full description

• Three robed bedrooms, a central bathroom with separate toilet

• Spacious formal lounge with adjoining kitchen and family meals area + separate laundry with backyard access

• Stylish equipped kitchen with stainless steel appliances and abundant storage space;

• Gorgeous views of the Course as well as the Dandenong Ranges can be enjoyed from the deck at the rear and kids will love the abundant space the backyard provides

• Split system heating and cooling & engineered floating floorboards throughout

• Covered decking overlooking generous backyard, single carport plus off street parking also available for visitors

• Superbly located within proximity to parklands, lakes, shopping centres, schools & public transport

Situated in a highly sought after and tightly held pocket of Rowville with lakes, parkland, Stud park shopping centre, Rowville Library and bus depot an easy walk away. A variety of school options including Karoo Primary School and Rowville Secondary College, St Simon's Catholic School are near by. Westfield Knox City Shopping Centre, Stud Road, Citylink (M1) and Eastlink (M3), as well as plenty of bus routes are all easily accessible.

Contact Jerry Zhu 0401 753 099 for more information.

PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS

NSPECTION TIMES are subject to change without notice

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Jerry ZHU, Real Agency Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.