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VIC › Attwood › Maddingley Cambridge Gardens Rd

28 Maddingley Cambridge Gardens Rd, Attwood VIC 3049

House

$640,000

Last sold

15 May 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

657 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $640,000 (15 May 2020).(Recorded sale)
  • FactLand 657 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Attwood (last 5 years) with land size: median $1,568/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$640,000

15 May 2020 · derived via latest_sale

Local land rate: recorded House sales in Attwood (last 5 years) with land size have a median of $1,568/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Attwood at a glance

3,285

People

$905,000

Median sale

$518/wk

Median rent

2.98%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Attwood report →

Vs Attwood

-29.3%

Median sale

Suburb $905,000

+1.23 pp

Gross yield

Suburb 2.98%

Suburb median $905,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$640,00015 May 2020
  2. Listedprice unknowncompleted4 May 2020

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $518/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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.”

Read more

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Attwood in one glance

Attwood at a glance

3,285

People

$905,000

Median sale

$518/wk

Median rent

2.98%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Attwood report →

Keep researching

  • Why Attwood? Read the area thesis →
  • What else is on the market in Attwood →
  • Other records on Maddingley Cambridge Gardens Rd →

Listing material

Listed by Barry Plant Gladstone Park

ONCE UPON A TIME IN CAMBRIDGE…

Perched up on the high side of the street and sitting on approx. 657m² (18m x 36.5m), this split-level contemporary designed home is priced at little over land value and best described as being "more finished than unfinished!"

Boasting four large bedrooms (Master with walk-in robe and ensuite), quality kitchen with walk-in pantry and stone tops, adjoining meals area, designated lounge/family room, separate rumpus, laundry, utility room (or study) and large garage with additional workshop space on the lower level. A potential masterpiece of grand proportions indeed!

Step out back to a vast undercover al fresco area overlooking a great-sized rear yard with retaining walls + colourbond fencing all in place and beautiful panorama captured from its privileged, elevated position.

Read the full description

Without doubt, THE finest opportunity ever made available to get into the sought-after Cambridge Gardens Estate, with approximately two thirds of the work done and all at little more than land value.

Call today to arrange a private inspection, make an offer and buy!

Note:

- Unconditional offers only, with 10% deposit and 30-60 day Settlement terms

- Purchaser buys and accepts every element of the property "as is" and "as inspected", with no listed chattels

Price: $619,000

Contact: Jason Padula – 0402 149 436

Like/subscribe to Jason Padula Real Estate on Facebook or YouTube

Listing description written by Jason Padula, Barry Plant Gladstone Park — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 2
  • Study
  • Toilets: 3
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.