Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Waterways › Island Point Ave
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
680 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Waterways (last 5 years) with land size have a median of $2,895/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 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 $732/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
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaIts Addressed:
Positioned in one of Waterways' most desirable locations, this beautifully presented family home delivers exceptional space, comfort and lifestyle on a generous 700sqm lot. Zoned for Aspendale Gardens Primary School, Parkdale Secondary College and Mordialloc College, it’s within walking distance of Fountain Court Playground and the Waterways Lake Walking Path. The Nest Cafe is close by, while Aspendale Gardens Shopping Centre is approximately a 20-minute walk or a short drive away. The 709 bus on Princetown Drive and Waterside Drive and the Mordialloc Freeway make commuting easy.
Designed with contemporary appeal, the striking two-storey facade combines rendered masonry and feature stone cladding to create a sophisticated street presence. Bold geometric lines, a cantilevered balcony and large timber-framed windows showcase the architecture, while landscaped gardens, an elevated timber walkway and an integrated double lock-up garage complete the impressive exterior.
Inside, high ceilings with square-set cornices and new Iconic WPC Hybrid Flooring throughout the ground floor create an immediate sense of quality. Ceramic floor tiles, plush carpet, modern LED down lights, sheer curtains and blinds complete the stylish interior. Additional reverse cycle air conditioning complements the zoned ducted heating and refrigerated cooling system, providing year-round comfort across both levels. Ducted vacuuming, NBN connectivity and a security alarm add practicality. The spacious open-plan living and dining area is complemented by a separate lounge, while upstairs a generous rumpus, dedicated study and sunny balcony create a versatile family retreat. The balcony provides a peaceful space to relax and take in the beautiful evening sunsets. Under-stair storage enhances the floorplan.
The stunning new kitchen has been designed for effortless family living and entertaining. Heat-resistant and stain-resistant 20mm benchtops, a generous breakfast island and a fixed window with glass splashback create a striking focal point. Premium appliances include a 900mm induction cooktop and oven, gourmet rangehood, two dishwashers and a plumbed fridge, while a walk-in pantry provides exceptional storage.
There are four generous bedrooms including a spacious master suite with a beautifully appointed ensuite featuring full-height wall tiles, a large frameless shower and stone top dual vanity. The main bathroom continues the premium finish with a frameless shower, freestanding bathtub and stone top dual vanity. A guest powder room and a stylish new laundry with a Think Solid branded benchtop complete the interior.
Outside, the covered alfresco creates the perfect setting for year-round entertaining, while the expansive backyard provides plenty of room for children and pets. Low-maintenance landscaping, side access and two garden sheds measuring 3m x 3m and 3m x 2.25m add practicality and storage.
Combining generous proportions, quality renovations and an enviable Waterways location, this impressive residence offers modern family living with exceptional space, premium finishes and a lifestyle to enjoy for years to come.
Property Specifications:
- 700sqm (approx.) allotment with spacious family-friendly backyard and side access
- Four spacious bedrooms, plus dedicated study, upstairs rumpus and balcony
- Renovated designer kitchen with premium appliances and walk-in pantry
- Covered alfresco, expansive yard and two garden sheds
- Double lock-up garage with NBN connectivity, ducted heating and refrigerated cooling
*** Photo ID required for all inspections ***
For more Real Estate in Waterways contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Linna Wu, Area Specialist Victoria — reproduced as published, not verified by Districts.
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