Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › Seacombe Gardens › Russell Ave
3
Bedrooms
1
Bathrooms
3
Car spaces
1,048 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Seacombe Gardens (last 5 years) with land size have a median of $2,494/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $622/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgNestled within the charming neighbourhood of Seacombe Gardens, this expansive 1050 square meter block presents an exciting prospect for those seeking an outstanding opportunity. The property's generous size and strategic location offer a range of possibilities, making it an ideal canvas for savvy investors or homeowners looking to maximise its potential.
The standout feature of this property is its 1050m2 potential. With ample space and a zoning that allows for flexibility, the block offers the enticing option of a knockdown and rebuild project. This would allow for the creation of a brand-new, custom-designed property perfectly suited to modern living preferences and aesthetic trends. The size of the block provides room for thoughtful design, spacious layouts, and the incorporation of contemporary amenities, ultimately resulting in a standout residence that caters to the demands of discerning buyers.
Furthermore, the property's location in Seacombe Gardens adds to its allure. The neighbourhood's serene ambiance, combined with its proximity to essential amenities such as schools, parks, shopping centres, and transportation links, enhances its desirability as a residential haven. Residents would have convenient access to all that the area has to offer while still enjoying a sense of tranquility away from the bustle of urban life.
Alternatively, for those looking for short-term gains, the property also boasts potential as a lucrative short-term rental investment. With its spacious grounds and existing infrastructure, the property could be transformed into an attractive vacation rental or temporary accommodation option. The flourishing tourism industry in the region, along with its proximity to local attractions, makes this avenue a promising one for generating substantial rental income.
This 1050sqm block in Seacombe Gardens presents an enticing opportunity for astute investors, developers, or homeowners. With its development potential, the property can be the canvas for a modern, tailored residence that meets the demands of contemporary living. Alternatively, its suitability as a short-term rental investment provides a different avenue for reaping financial rewards. Whichever path one chooses, the property's prime location and substantial size ensure a promising investment with potential for both immediate and long-term gains. Don't miss out on this chance to make your mark on the sought-after Seacombe Gardens community.
Key Features:
- 1050sqm allotment
- Development opportunity (STCC)
- Potentially sub divide into 3 (STCC)
- Knock down and rebuild for 1 property (STCC)
- Good short term rental
Listing description written by Rod Smitheram, Ray White Glenelg — reproduced as published, not verified by Districts.