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VIC › Narre Warren › Sylvanwood Cres

3/11 Sylvanwood Cres, Narre Warren VIC 3805

For saleTownhouse

$650,000–$715,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000–$715,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000–$715,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 18% below the Narre Warren median recorded sale ($796,500, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narre Warren's advertised median rent ($568/wk), implied gross yield would be 4.54% — 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

$650,000–$715,000

Asking range

No recorded sale for this property.

Narre Warren at a glance

28,665

People

$796,500

Median sale

$568/wk

Median rent

3.71%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren report →

Vs Narre Warren

-18.4%

Median sale

Suburb $796,500

+0.83 pp

Gross yield

Suburb 3.71%

Suburb median $796,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,625
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
$689,395

$39,395 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

Based on the low end of the asking range, not a contract price.

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

Net yield
3.04%
Annual cashflow (pre-tax)
$-14,014
Interest cover (DSCR)
0.59
Annual rent
$29,536
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
4.54%

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$650,000–$715,000available25 Aug 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 $568/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 4.5%. 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

Narre Warren in one glance

Narre Warren at a glance

28,665

People

$796,500

Median sale

$568/wk

Median rent

3.71%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren report →

Keep researching

  • Why Narre Warren? Read the area thesis →
  • What else is on the market in Narre Warren →
  • Other records on Sylvanwood Cres →

Listing material

Listed by Barry Plant Narre Warren

The Perfect Place to Begin

There is something special about buying your first home. Getting the keys, walking through the front door and knowing this is finally a place you can call your own. A place to settle in, make memories, entertain friends and start planning what comes next.

Beautifully presented, surprisingly spacious and ready to simply move in and enjoy, 3/11 Sylvanwood Crescent offers the perfect beginning in a location that keeps everything you need close by.

From the moment you step inside, there is an immediate sense of warmth. Timber look flooring, fresh neutral tones and plenty of natural light create a home that feels modern, comfortable and easy to make your own.

Read the full description

At the front of the home, the spacious lounge gives you somewhere to switch off at the end of the day. Movie nights on the couch, lazy Sunday mornings or having friends over for a drink, this is a home with enough space to enjoy life without feeling cramped.

Continue through and the open plan kitchen, dining and second living area becomes the heart of the home. Filled with natural light and opening directly to the private outdoor area, it is easy to imagine everyday life here. Cooking dinner while catching up about the day, friends gathered around the island bench or opening the doors on a warm afternoon and letting the entertaining spill outside.

The modern kitchen is a space you will love spending time in, with stone benchtops, a large island bench with breakfast bar seating, stainless steel appliances, a freestanding cooker, dishwasher and plenty of storage.

Upstairs, three well proportioned bedrooms give you something every first home buyer will appreciate, room to grow into the home rather than out of it.

The master bedroom offers your own private retreat with a walk in robe and ensuite, while the remaining bedrooms with built in robes provide flexibility for children, guests or that all important home office. A bright central bathroom with separate shower and bath completes the upstairs accommodation.

Outside, you have your own private space to enjoy without spending every weekend maintaining it. Morning coffee on the deck, a barbecue with friends, a patch of lawn for the dog or simply somewhere to sit outside in the sunshine, it is private, easy to enjoy and completely your own.

A full laundry, downstairs powder room, internal access from the single garage, split system heating and cooling and ceiling fans add all the practical comforts that make everyday living easy.

And when you are buying your first home, location matters.

Westfield Fountain Gate, Narre Warren Train Station, local schools, parks and public transport are all close by, with easy freeway access making the daily commute simple. Whether it is grabbing dinner, meeting friends, getting to work or doing the weekend shopping, everything you need is within easy reach.

Buying your first home is a big step, but finding the right one makes it exciting.

All information provided is deemed reliable but not guaranteed. Interested parties should conduct their own due diligence and verify all details independently. The agent and agency take no responsibility for any errors, omissions, or changes in the property's description.

Listing description written by Nicola Parreira, Barry Plant Narre Warren — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 2

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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.