Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
$1,560,000
Last sold
29 May 2023
4
Bedrooms
4
Bathrooms
2
Car spaces
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
$1,560,000
29 May 2023 · derived via latest_sale
Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Spotswood
+49.4%
Median sale
Suburb $1,044,500
-1.07 pp
Gross yield
Suburb 3.22%
Suburb median $1,044,500 from 24 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 $646/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
Spotswood at a glance
4,657
People
$1,044,500
Median sale
$646/wk
Median rent
3.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BigginScott Altona NorthThis incredible Four (4) bedroom home pays homage to the experience, quality and fine-workmanship of its builder! Mirco-managed at each stage of the construction process, meticulous care and passion was poured into this build.
This spectacular townhouse, strategically located in a booming pocket of Spotswood, features 3 bathrooms, 1 powder room, 2 living areas, upstairs retreat, an enormous remote controlled garage and a large outdoor decking space!
Experiencing the quality and diligent care that went into the construction of this home is to fully appreciate the competency of the builder.
Without holding back, this home has been upgraded with a plethora of high-end specifications such as;
- Fujitsu refrigerated ducted heating and cooling system with touchscreen control and updated linear grill slim-line vents plus 'anywAiR' (remote WIFI integrated - control climate from anywhere in the world via your mobile phone or smart device)
- Soft closing cabinetry doors
- Smeg appliances (Microwave Oven, Oven with built in grill, Dishwasher, Cook-top)
- Delux Butlers pantry
- Mirrored splash back
- 40mm stone benches
- Natural Timber 'Tasmanian Oak' Hardwood Floors
- Floor to Ceiling sheer curtains - as well as double contrast blinds
- Square set cornices
- Feature staircase - with illuminated handrail
- Feature tile set backs
- Separate downstairs powder room
- Downstairs second master bedroom with ensuite
- Plantation shutters at forefront of property
- CCTV Camera security system
- Plethora of high-end external lights
- Low maintenance grass and gardens
- Rain water harvesting system (water saving)
- Thick plush carpets upstairs and in all bedrooms
- Feature pendants throughout entire home
- Three separate living areas (including upstairs retreat)
- Stunning Free standing bath in main bathroom
- Three skylights in key areas - illuminating the home in natural light
- Luxurious High ceilings 2.7m downstairs and 2.4m upstairs
- Interactive Intercom System
- Feature electronic light switches throughout entire home (indicate if a light is already illuminated)
- Master bedroom with bed head individually switched pendants
- Dual Study Nooks
- Built in shoe rack in master bedroom Walk-In-Robe
- City Views via rear bedroom window
- Exceptional Timber Merbu decking - Perfect for Entertaining!
- Powder coated steel front fence in Dynamic Black
- Colourbond fencing surrounding property
This outstanding 35 square (approx.) home is an outrageously large residence, which can be felt immediately once experienced in real life!
This home, evidently teeming with extras, was built to suit the lifestyle of a large family, as well as that of an executive couple who loves to entertain!
Not to mention the following amenities all within walking distance;
- Spotswood Train Station
- Hudsons Road Shopping Strip (cafes, groceries, post office, ect)
- Vernon Street Shopping Strip (cafes, eateries, bakery, ect)
- Mary Street Reserve (basketball court, playground)
- Donald McLean Reserve (AFL grounds, Cricket nets, playground ect)
- GrazeLand Food Festival
- West Gate Golf Club
- Edwards Reserve (playground, grassed area)
- McIvor Reserve (AFL grounds, Baseball Grounds, Playgrounds, Soccer Pitches, Hockey Courts and Cricket Nets)
- Newport Lakes reserve (10 hectare Reserve with Lake, walking/running/biking tracks)
Less than 10km away from the city, and merely 10 minutes away, Spotswood is sure to experience the drastic increase in demand for larger homes caused by urbanization overtime - making this home a serious contender for keen investors among us.
3 Vernon Street, Spotswood, VIC 3015, is a property overflowing with potential, and sure to make waves in today's market!
Make sure to favorite this property by hitting the star icon on the right hand of the screen to be kept up-to-date on Price-Reductions, New Open Times, New photos and more!
Listing description written by Mick Abdou, BigginScott Altona North — reproduced as published, not verified by Districts.