Kew at a glance
26,226
People
$1,300,000
Median sale
$634/wk
Median rent
2.54%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Kew › Malmsbury St
For sale
For sale
19
Bedrooms
6
Bathrooms
0
Car spaces
1,664 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
Asking
No recorded sale price for this property yet.
Kew at a glance
26,226
People
$1,300,000
Median sale
$634/wk
Median rent
2.54%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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 $634/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Kew at a glance
26,226
People
$1,300,000
Median sale
$634/wk
Median rent
2.54%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Doncaster EastInspections by private appointment only.
Unearth a world of potential with ‘Ivy Grange’: a historic Kew landmark sprawled across a huge 1,664sqm (approx.) block within easy walking distance of the buzzing Kew Junction.
Built in 1864 by prominent architect, Charles Vickers, whose other significant work includes Richmond Town Hall and the chapel at the former Pentridge Prison, it’s the chance of a lifetime to renovate a significant landmark property or secure a prized investment with the prospect of attractive returns.
Carrying the highest level of heritage overlay with its registration on the National Estate, few homes fulfil the classic credentials as much as this historically significant property, constructed from bluestone with distinctive cream brick accents.
Extended in 1877 to include a double storey tower that provides dramatic 360-degree views of the city skyline, glimpses of Port Phillip Bay and sweeping vistas towards the Macedon and Dandenong Ranges, the original floorplan of this grand and glorious 41-bedroom property has been substantially reconfigured over the years yet still retains a wealth of its timeless original features, including etched and hand-painted windows, marble fireplaces, servants’ bells, ceiling roses, panelled doors, cotton reel balustrading, plaster arches and vast cellaring.
Having enjoyed a successful history as a guest house for nearly four decades, Ivy Grange now invites those with a fresh vision to either restore this Kew icon to its former glory as an opulent family home, renovate the premises to continue as guest accommodation, capitalise on the large number of rooms and use the property as a medical clinic or transform it into a luxurious mansion apartment development (STCA).
Thanks to the wide scope of potential, the premises can also be used as a veterinary clinic, health services centre, childcare centre, high-end restaurant, accommodation for international students, an aged care facility and more!
Currently generating approximately $250k pa in rental income, the return for investors is considerable, with the possibility of even greater returns in the future.
An easy walk to Kew Junction’s popular shops, cafes and restaurants, bus and tram transport and Studley Park walking and cycling paths and moments to elite private schools, golf courses and the Eastern Freeway, this is an opportunity of a lifetime.
Listing description written by Theo Politis, Barry Plant Doncaster East — reproduced as published, not verified by Districts.