Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
VIC › Greenvale › Ambition Dr
$590,000–$645,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
244 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
Asking
$590,000–$645,000
Asking range · $2,418/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Greenvale (last 5 years) with land size have a median of $2,121/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Greenvale
-31.4%
Median sale
Suburb $860,000
+1.67 pp
Gross yield
Suburb 3.63%
Suburb median $860,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$35,655 on top of the price (6.0% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Greenvale's advertised median rent — not a rent for this listing.
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.
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 $601/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.
Gross yield if leased at the suburb aggregate is 5.3%. 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
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
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo GlenroyAuction Location: On Site
Discover a beautifully designed residence where modern family living meets breathtaking views, abundant natural light and a superb lifestyle location. Set within the highly sought-after Aspect Estate, this impressive double-storey home combines thoughtful reverse-living design with low-maintenance outdoor living and excellent access to parklands, playgrounds and the Greenvale Reservoir.
Completed by Nostra Homes in December 2017, this beautifully maintained home is approaching its ninth anniversary yet presents as though it were only built yesterday.
The property has a land size of 244m² and offers *22.3 squares of living. With rear lane access leading directly to the double lock-up garage, this home delivers exceptional practicality without compromising on style.
A Home Designed Around the View. The standout feature of this residence is its reverse-living layout, thoughtfully designed to position the main living spaces upstairs and take full advantage of the spectacular outlook.
Step upstairs to discover a bright and spacious open-plan living, dining and kitchen area, where expansive windows draw in an abundance of natural light and frame views towards the Greenvale Reservoir, surrounding parklands and Destination Drive Park.
The contemporary kitchen is perfectly positioned at the heart of the home and features:
Stone benchtops
900mm gas cooktop
900mm under-bench oven
Dishwasher and ample overhead and under bench cabinetry.
Opening from the living area is a generous balcony, providing the perfect place to enjoy your morning coffee, unwind at the end of the day or entertain while taking in the peaceful outlook. The master bedroom is also located upstairs, offering a private retreat complete with a walk-in robe and ensuite.
The lower level provides excellent flexibility for growing families, guests or those working from home. Here you will find two additional bedrooms, with built in robes, serviced by a central bathroom and separate toilet, together with a practical laundry and an additional sitting area, which enjoys a lovely connection to the outdoors, overlooking the alfresco area and rear yard.
The home is designed for those who want to enjoy their home rather than spend weekends maintaining it, the backyard is both generous and exceptionally low maintenance, it features: The covered alfresco entertaining area, concreted outdoor spaces, artificial grass, Colourbond shed and Colourbond fencing.
Additional features also include; flyscreens and window locks, heating and cooling, and holland blinds.
Positioned within Aspect Estate, this home offers more than just a great address — it provides a wonderful family lifestyle surrounded by open space, parks and recreational amenities.
The spectacular surroundings, with the breathtaking views across the Greenvale Reservoir, and towards the city skyline. The parks and open green spaces on your doorstep, families can enjoy an abundance of outdoor recreation, while Greenvale's broader amenities provide convenient access to schools, shopping, cafes, dining, transport and major road connections.
Come home to beautiful views, exceptional family living and the sought-after Greenvale lifestyle at 25 Ambition Drive.
Key Information:
Settlement & Deposit Conditions: Settlement Options from 14 days to 45 days and 10% deposit is required. Any variation from these terms requires prior approval from the owner before making any formal offers or participating in auction.
Note: No Owners Corporation, this is a free standing dwelling.
Council Rates – Hume – *$2,240.28 yearly
Greater Western Water – *$195.00 plus usage per quarter
This property is also connected to Class A recycled water. Which is an additional water supply into the home. This sustainable source of water allows residents to use 1/3 less drinking water than the average Melbourne household.
Potential Rental Return:
$560.00 – $610.00 per week – $2427.00 - $2643.00 per calendar month.
*The potential rental return is an approximation and serves as a guide based on the current market rate as of September 2026. Actual returns may vary*
*Stockdale & Leggo believes this information is correct but it does not warrant or guarantee the accuracy of the information. You should make your own enquiries, check the information and/or engage the services of a qualified contractor. Certain information has been obtained from external sources and has not been independently verified.*
Listing description written by Lilian Farrugia, Stockdale & Leggo Glenroy — reproduced as published, not verified by Districts.