Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Dennington › The Esplanade
$1,130,000
Last sold
19 May 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
8,363 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
$1,130,000
19 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Dennington (last 5 years) with land size have a median of $1,012/m² of land (n=9). Districts calculation from recorded sales — not a valuation.
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Dennington
+75.7%
Median sale
Suburb $643,000
-1.74 pp
Gross yield
Suburb 4.05%
Suburb median $643,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $501/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
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo WarrnamboolSet on 8343m2 (2.1 acres) in town close to schools, shops and all amenities, this captivating and very unique property offers the perfect blend of classy contemporary living, relaxed country lifestyle and city convenience with everything you need close at hand. The property boasts 150m of absolute uninterrupted river frontage to the Merri which presents a host of possibilities... take the tinny or the kayaks out for a Sunday afternoon cruise, fish for brekkie or tea, sit back and listen to the kids' laughter as they explore outside or watch the changing colours of the sunset over the river accompanied by a glass of wine...
The stylish residence comprises 4 bedrooms plus a study, 2 living areas, 2 bathrooms and
3 toilets and is split into 2 distinct living quarters, ideal for parents and kids/ extended family/ guests. The original family home comprises formal entrance hall, 3 large bedrooms with BIRs, a large family bathroom, spacious lounge with wood heater and a well-equipped kitchen/ meals area which overlooks the gardens and Merri River. It has been fully renovated, replumbed with new kitchen and bathroom, wiring and fusebox updated, repainted throughout, with new built-in robes, carpets, window furnishings and new double laminated aluminium windows, plus wall and ceiling insulation.
Extended in 2008, the new section of the house is architect designed with increased energy efficiency and blends in seamlessly with the original. Upstairs is the ultimate parent's retreat: master bedroom with ensuite and WIR, large office or hobby room, new kitchen and open plan meals/ living area with glass sliding doors opening to a raised balcony... a lovely space where you can relax and entertain in style. North facing awning windows capture all the winter sun and cross-ventilate in summer and you have uninterrupted river views from every window. Downstairs is a huge 6 bay garage/ workshop with 3 high remote doors, toilet, laundry and external doors leading out to additional sheds and a sheltered paved alfresco area on the river side. There is a large 12 panel 3kW solar system, ceiling fans in all rooms, a second wood heater upstairs, two solar/ gas Infinity hot water services and quality fittings throughout.
Outside there is lots of space for you to use as you wish, it's an incredible piece of land! A wide concrete driveway leads to the large garage and there is side access to the yard for work vehicles, trailer, boat, caravan, etc. Shelving to store materials, a large storage shed/ workshop, caravan port, wood shed and room for lots more. You can pump water direct from the Merri to water your plants and gardens; there is rich fertile soil and an established orchard with a variety of fruit trees, vegie patch, chook pen and lush established gardens... plenty of room for kids big and small to wander and explore.
The property has town and tank water, septic (no sewerage), power and town gas to the property plus phone and NBN. With such a wide frontage to the Merri it is worth pointing out that the house, garage and sheds are all built well above the 1 in 100 year flood level. While all of the low-lying land running down to the river is zoned Urban Floodway and can't be built on, there is a small section of elevated General Residential zoned land that could be subdivided (STCA) to provide a site for a second dwelling. With views that go on forever and such a picturesque setting to nurture with your family, you may just decide to keep it all to yourselves!
This is a one-off lifestyle property where city meets country which will impress on inspection. Call us today for more details.
Listing description written by Justin Allen, Stockdale & Leggo Warrnambool — reproduced as published, not verified by Districts.