Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Aspendale Gardens › Kerr Cres
$675,000
Last sold
13 Feb 2016
4
Bedrooms
2
Bathrooms
2
Car spaces
616 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
$675,000
13 Feb 2016 · derived via latest_sale
Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale Gardens
-48.5%
Median sale
Suburb $1,310,000
+2.73 pp
Gross yield
Suburb 2.91%
Suburb median $1,310,000 from 7 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 $732/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
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaUnderstated quality best describes this contemporary residence, located in the largely sought after bayside suburb of Aspendale Gardens. Superbly positioned on the doorstep to Aspendale Gardens Primary School and Shopping Centre, local beaches, transport, major arterials and a plethora of lifestyle choices; this 4 bedroom home represents a brilliant opportunity to secure your low maintenance living future, with modern conveniences and décor. At the heart of this home are the sunny living and combined meals/kitchen area, plus elegant formal lounge for more intimate occasions. The contemporary kitchen features sleek stainless steel appliances, a plethora of cabinetry as well as convenient breakfast bar and flows seamlessly through to the sleeping quarters. All four bedrooms have their own standout features of bright sunny windows, built-in-robes and carpets; with the Master adding a touch of elegance with the inclusion of walk-in-closet and contemporary private ensuite. Offering great indoor/outdoor connection from both the casual living spaces and one of the bedrooms to the gorgeous paved outdoor entertaining area ?this is the ideal setting to enjoy your morning coffee and memorable evenings entertaining friends under the shade of the established grape vines! Your new residence has been exceptionally well maintained and includes a combination of timber, carpets and tiles throughout, spacious family bathroom, WC, heating/cooling, low maintenance yard, shed and a double garage. Built to an exemplary standard with enduring architectural touches don?t miss the opportunity to secure this fantastic easy living residence. Enquire today!
• 4 robed bedrooms/2 bathroom home (Master bedroom with WIR + PE)
• Open plan living/dining & kitchen areas + formal living room
• Stylish kitchen equipped sleek s/steel appliances, plentiful cabinetry & b/bar
• Heating & cooling, shed, double garage with remote entry & laundry
• Excellent bayside position in coastal Aspendale Gardens, set within walking distance to Aspendale Gardens Primary School & Shopping Centre, lifestyle amenities, local beaches, transport and major arterials
Additional Info:
Age of property: 26 years approx.
Land size: 616 m2
House size: 22 sq
Heating: Yes
Cooling: Yes
Council Rates: $1300.00
Chattels: All fittings and fixtures as inspected
Deposit terms: 10% of the purchase price
Preferred Settlement: 30 days
Potential Rental Return: $460-$480
What the vendors love about the house: Close proximity to schools and shops whilst still in a quite pocket of Aspendale Gardens
Aspendale Gardens Amenities:
Nearest Primary School: Aspendale Gardens (Zoned), St Louis de Montfort?s Parish (Zoned), Edithvale, Chelsea Heights, Haileybury College and Lighthouse Christian College.
Nearest Secondary School: Parkdale (Zoned), St Bede?s College (Zoned), Mordialloc College, Haileybury College and Lighthouse Christian College.
Nearest Kindergartens: Aspendale Gardens, ABC Learning and Playmates Early Learning.
Nearest Transport: Edithvale and Aspendale Train Stations.
Bus routes: 708 Carrum - Hampton, 709 Mordialloc - Waterways via Governor Rd, 902 Chelsea ? Airport West (SMARTBUS Service).
Nearest Recreation: Edithvale Beach, Edithvale Wetlands, Mordialloc Creek Walking Trail plus numerous parklands and walking tracks.
Other Amenities: Aspendale Gardens Community Centre, Aspendale Gardens Shopping Centre (inc. Ritchies SUPA IGA Supermarket, Local Take Away, Bakery, Chemist, Gym, Newsagency, Bank and Fruit/Vegetable). Mitre10, Dentist, Physio, Chiropractor, Medical Centre, Veterinary Hospital, 7eleven, McDonald, KFC, Michelangelo, Chelsea Heights Hotel, Mornington Peninsula Freeway. Parkmore and Westfield Southland Shopping Centre.
Listing description written by Andy Choi, Area Specialist Victoria — reproduced as published, not verified by Districts.
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