Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Oak Park › Bailey Cres
$749,000
Last sold
21 Nov 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
174 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
$749,000
21 Nov 2025 · derived via latest_sale
Local land rate: recorded Townhouse sales in Oak Park (last 5 years) with land size have a median of $4,383/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Park
-33.8%
Median sale
Suburb $1,131,000
+1.27 pp
Gross yield
Suburb 2.49%
Suburb median $1,131,000 from 37 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 $542/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
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupExpressions Of Interest Ending Tuesday 9th December 2025 @ 5pm
Welcome to effortless living in the heart of Oak Park. This sleek three-bedroom, two-bathroom home is all about location - moments from Devon Road cafés, shops, and Oak Park Station, with schools and parks just steps away. The open-plan kitchen, meals, and living area flow onto a private balcony, perfect for coffee catch-ups or evening drinks, while a rear yard with direct street access makes daily life a breeze. Whether you're a first-time buyer, investor, or busy professional, this low-maintenance, well-looked-after home delivers modern comfort and unbeatable convenience in one smart package.
THE UNDENIABLE
• Hebel, brick & weatherboard townhouse
• Built-in 2017 approx.
• Land size of 174m2 approx.
• Building size of 20sq approx.
• Foundation: Concrete slab
THE MOST IMPORTANT
• Kitchen with S/S Bosch appliances including a dishwasher, stone benchtops, island bench with waterfall edging, ample cupboard space, glass splash back, finished with timber flooring
• Sizeable open-plan meals & living zone with timber flooring & balcony access
• Dedicated study/home office or retreat with timber flooring
• 3-Bedrooms with robes & carpeted flooring, master with ensuite & rear courtyard access
• 2-Bathrooms with shower, bathtub to main, single vanity, combined toilet & tiled flooring
• Powder room with single vanity
• Laundry with single trough
• Split system heating & cooling in all main areas
• Additional features include high ceilings, roller blinds, ample storage areas, plus more
• Established gardens with a courtyard, trees, garden beds, lawns & water tank
• Single remote garage with internal access & driveway for extra parking
• Potential Rental: $600 - $650 p/w approx.
• Zoned Under the City of Merri-bek - General Residential Zone
THE LOCAL SPOTS
• EAT & DRINK: McDonald's, Francise Winifred, Oak Park Fish & Grill, ITA.Co Pizza, Flowerbaby
• SHOPS: Pascoe Vale Rd, Snell Gr, Devon Rd, Gaffney St
• WELLNESS: Oak Park Sports & Aquatic Centre, Zap Fitness
• PARKS: Sewell Reserve, Northern Golf Club, Cole Reserve
• SCHOOLS: Strathmore North Primary, St Francis de Sales Primary, Pascoe Vale Girls College
• TRANSPORT: Oak Park & Pascoe Vale Train, Plumpton Ave Bus Stop
THE CLINCHER
• A retreat that bends to your lifestyle - study, home office, or 2nd living zone, you choose
• Steps to shops, schools, parks & transport, life couldn't be more convenient!
• Welcome home to 3 Bailey Cres, OAK PARK
THE TERMS:
• Deposit of 10%
• Settlement of 30/45/60 days
Make your move today - C+M Residential. 'Helping You Find Home'
Secure your INSPECTION Today by using our booking calendar via the REQUEST INSPECTION button...
*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.
Phillip Castro: 0428 097 070
William Spyrou: 0404 999 064
Matthew Haskian: 0431 686 495
Listing description written by Phillip Castro, Eview Group — reproduced as published, not verified by Districts.