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VIC › Albert Park › Danks St

240 Danks St, Albert Park VIC 3206

House

2

Bedrooms

1

Bathrooms

0

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 1 (NRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO444) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO444) 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.

Albert Park at a glance

6,713

People

$2,030,000

Median sale

$698/wk

Median rent

1.79%

Suburb gross yield

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

See the full Albert Park report →

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1

NRZ1

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: 1634262

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 unknown16 Mar 2024
  2. Listedprice unknowncompleted20 Feb 2024
  3. Listedprice unknowncompleted20 Feb 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?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 181 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 (HO444). 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 $698/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 (HO444). 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 1 · NRZ1 (ZN). Official parcel area about 181 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 (HO444). 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

Albert Park in one glance

Albert Park at a glance

6,713

People

$2,030,000

Median sale

$698/wk

Median rent

1.79%

Suburb gross yield

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

See the full Albert Park report →

Keep researching

  • Why Albert Park? Read the area thesis →
  • What else is on the market in Albert Park →
  • Other records on Danks St →

Listing material

Listed by Buxton Albert Park

Victorian Charm in Superb Location

Met by a façade that's pretty as a picture, this thoughtfully laid out Victorian has been modernised to harness light at every opportunity. With a generosity of space, this 2 bedroom, dual living, 1.5 bathroom house is easy to love.

The home instantly welcomes with stained glass windows framing the front door and a wide hallway with wooden floors, a Victorian arch and ornate ceiling rosettes above. The home boasts a formal lounge with OFP that flows to a cleverly dispersed family zone. A kitchen and discreet laundry alcove is fitted with European appliances, and terrific storage, overlooking the living and dining room. Benefitting from an internal courtyard and windowed doors that invite spades of light and a lovely breeze before spilling onto a delightful decked yard that's lined with established foliage. Also features two robed bedrooms with natural light and OFPs, a centrally located bathroom with bathtub, an additional powder room, storage sheds, plantation shutters, built in BBQ area, ducted heating, RC/AC and ROW access to Ashworth St.

Hop over to the playground directly opposite the property, walk 100m for city bound trams or stroll just 300m to the foreshore and all it has to offer. Choose between Albert Park and Middle Park villages for cafes, shopping and more public transport options. Also close to St Vincent Gardens, Albert Park Lake, MSAC, Albert Park College, Gasworks Art Park and Farmer's market.

Read the full description

Inspect during scheduled open times or by appointment with the agent.

Presented by Cayzer Real Estate Albert Park.

All enquiries must include a phone number.

Listing description written by Geoff Cayzer, Buxton Albert Park — 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.

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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.