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VIC › Point Cook › Neighbourhood Grove

29 Neighbourhood Grove, Point Cook VIC 3030

For saleHouse for Sale

$990,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

363 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000(Listing record · 8 Apr 2026)
  • FactLand 363 m²; no building size recorded.(Property record)
  • CalculationAsk is 21% above the Point Cook median recorded sale ($815,000, n=113, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Point Cook's advertised median rent ($529/wk), implied gross yield would be 2.78% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$990,000

Asking · $2,727/m² of land

No recorded sale for this property.

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Vs Point Cook

+21.5%

Median sale

Suburb $815,000

-0.60 pp

Gross yield

Suburb 3.38%

Suburb median $815,000 from 113 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$990,000
Stamp Duty (Victoria)
$54,450
Transfer/Registration Fee
$2,421
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,050,571

$60,571 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Point Cook's advertised median rent — not a rent for this listing.

Net yield
1.28%
Annual cashflow (pre-tax)
$-38,822
Interest cover (DSCR)
0.25
Annual rent
$27,508
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
2.78%

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.

Open the full yield calculator →

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. Listed$990,000available8 Apr 2026

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 $529/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

Gross yield if leased at the suburb aggregate is 2.8%. 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

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

Point Cook in one glance

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Keep researching

  • Why Point Cook? Read the area thesis →
  • What else is on the market in Point Cook →
  • Other records on Neighbourhood Grove →

Listing material

Listed by YPA POINT COOK

“Featherbrook Family Living at Its Finest”

Amit Chahal from YPA Point Cook proudly presents this miraculously maintained residence in the ever-popular Featherbrook Estate — a home where quality, space, and lifestyle come together in perfect harmony. From the moment you arrive, the magnificent façade and wide, welcoming entrance create a lasting first impression, setting the tone for what lies within — a home designed for families who appreciate both elegance and functionality.

Step inside and be greeted by a grand front living area, perfect for hosting guests or enjoying quiet family moments. The seamless combination of brand-new carpets and stylish wooden flooring delivers a beautiful blend of warmth and sophistication underfoot. Plantation shutters throughout the home elevate the interiors with a timeless, royal charm, while downlights add a modern touch, enhancing the ambience in every corner. Comfort is assured all year round with ducted heating and evaporative cooling, ensuring the perfect indoor climate regardless of the season. Thoughtfully designed for convenience, the ground floor also features a powder room and separate toilet for guests, along with a spacious laundry that caters to everyday practicality.

At the heart of the home lies a light-filled open-plan living zone that effortlessly brings everyone together. The generous living area flows seamlessly into a dedicated dining space, creating the perfect setting for family meals and celebrations. Step outside to the covered alfresco area — an inviting extension of the home where you can entertain guests, host weekend barbecues, or simply unwind in your own private outdoor retreat.

Read the full description

Upstairs continues to impress with an additional living area, offering flexibility for growing families — whether it's a kids' retreat, study zone, or second lounge. The master bedroom is a true sanctuary, complete with its own private balcony, perfect for morning coffee or evening relaxation. Inside, the ensuite features a double vanity and an extended shower, delivering both luxury and comfort. Three additional generously sized bedrooms are well-appointed and serviced by a central bathroom, ensuring ample space for the entire family.

Outside, the low-maintenance backyard is thoughtfully designed with a dedicated barbecue area, making it ideal for entertaining without the hassle of upkeep. Adding further value, the home is equipped with solar panels, helping you enjoy energy efficiency and reduced running costs.

Positioned in one of Point Cook's most sought-after pockets, the location truly completes the package. Approximately 23 km from Melbourne's CBD, this home offers unbeatable convenience with shopping centres, medical facilities, childcare, and public transport all within walking distance. Easy freeway access ensures a smooth commute, while the proximity to Featherbrook P–9 College and Featherbrook Shopping Centre makes this an exceptional choice for families seeking lifestyle and convenience in one.

This is more than just a home — it's a complete lifestyle opportunity, offering quality, comfort, and long-term value in a prime location.

For more information or to arrange a private inspection, contact Amit Chahal on 0437 779 139 and experience a home that truly delivers on every level.

Photo ID is required for all inspections.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Buyers should conduct their own due diligence.

Listing description written by AMIT CHAHAL, YPA POINT COOK — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 4
  • Remote Garage
  • Secure Parking
  • Toilets: 3

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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.