Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Renowden St
$1,480,500
Last sold
15 July 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,480,500
15 July 2023 · derived via latest_sale
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
+11.7%
Median sale
Suburb $1,325,000
-0.27 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 recorded sales (last 24 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 $655/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
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupPositioned amongst a particularly impressive group of homes on Renowden Street, this imposing, Mediterranean-style masterpiece is proof that homes that were truly beautiful yesterday are still beautiful today, and will remain beautiful when the sun rises tomorrow and well into the future.
Occupying a large portion of its 534sqm (approx) parcel, and basking in a backdrop of towering trees and the serenity of birdsong emanating from Kingston Heath Reserve just a street over.
Private and secure, set in behind high brick fencing and iron gates, offering drive-through convenience to the rear double garage and adjoining workshop, plus additional parking bay or turning circle and plenty of driveway parking for the boat/camper. Well-established and developed garden beds with thriving fruit trees front and back, complemented by extensive paving and pathways to the front back and sides.
Over the threshold, you'll find a wide front entry, beautiful crystal chandeliers to almost every room and downlights throughout. Alarm system, excellent built-in/walk-in storage and shelving, under stairs storeroom, ducted heating, ducted vacuuming, a 16-panel / 4kW solar system, and beautiful bay windows - inviting the sunlight in and connecting you with the garden.
Encompassing five extra-large bedrooms with robes, or four plus a super-sized downstairs study, and three bathrooms. The presidential-sized upstairs master suite with a walk-in robe and an ensuite; the family bathroom with a deep spa bath, shower, twin vanities and a separate toilet, plus a downstairs 3rd bathroom/laundry combined and a powder room.
Living space in abundance with a huge upstairs living with access to the balcony and views to Kingston Heath Reserve; a front lounge and an adjoining sitting or dining room, and an open plan family, meals and a quality timber kitchen with a SS Westinghouse wall oven, electric cooktop and a dishwasher; oodles of storage, large benches and plenty of space for an entire family of chefs!
A fully enclosed sunroom entertaining, encased in glass and under a lined ceiling overlooking the backyard - where you'll no doubt spend hours relaxing and soaking up the north-west sunshine throughout the year!
Less than 1km from DFO and Kingston Central Plaza, walking distance to Moorabbin Airport, Capitol and Kingston Health Golf Courses, and school zoned for Kingston Heath Primary and Cheltenham Secondary Colleges.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Angela Limanis, Ray White The Bayside Group — reproduced as published, not verified by Districts.