Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
$1,585,000
Last sold
10 Dec 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
528 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
$1,585,000
10 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Aspendale (last 5 years) with land size have a median of $2,241/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Aspendale at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale
+10.3%
Median sale
Suburb $1,437,500
-0.22 pp
Gross yield
Suburb 2.29%
Suburb median $1,437,500 from 39 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 $632/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 at a glance
7,549
People
$1,437,500
Median sale
$632/wk
Median rent
2.29%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MAK REALTYWelcome to 31 Gothic Road, Aspendale. A manicured oasis that's meters from the beach, this modernized home conveys a wonderful indoor-outdoor ambience for year-round entertaining with living zones on both levels connecting with the outdoors.
From its attractive entry, the home draws you through to a streamlined living, dining and kitchen that's detailed with polished floorboards and accompanied by a built-in study area, while fashionable finishes include stone benches, a semi-integrated Miele dishwasher plus an Ilve oven/gas stove. Spilling outside from here, a glorious garden oasis awaits and offers the allure of a low-maintenance backyard space and indulgent spa that's surrounded by decking.
Upstairs a rumpus room creates an additional entertaining space that spans out onto a splendid entertaining terrace, while the five robed bedrooms include a ground floor master bedroom with walk-in-robe and ensuite, with the four upstairs bedrooms incorporating a secondary master bedroom with walk-in-robe and ensuite. Further complemented by a stylish dual vanity main bathroom, large laundry with 4th toilet, hydronic heating, split system air conditioning, alarm, water tank plus a double width garage.
THE SPECIFICS
• Ground floor master bedroom with walk-in-robe and ensuite.
• Four robed upstairs bedrooms including a secondary master suite with walk-in-robe and ensuite.
• Modern main bathroom with dual vanities and toilet, large laundry with fourth toilet.
• Rumpus room extending onto an entertainer's terrace.
• Streamlined living and dining room boasting floorboards.
• Quality equipped kitchen accompanied by a built-in study desk, stone benches, breakfast bench, semi-integrated Miele dishwasher plus an Ilve oven/gas stove.
• Glorious garden with low-maintenance backyard and spa surrounded by decking.
• Climate controlled with hydronic heating and split system air conditioning.
• Extra benefits include an alarm, water tank and double width garage.
THE LOCATION
• Magnificently poised only meters from the beach.
• Simply steps from Aspendale Station and local shops.
• Moments from Rossdale Golf Course and reserves.
• Near Aspendale Primary, St Louis de Montfort's Primary and Mordialloc College.
THE CLOSE
Refreshed and ready to be enjoyed 31 Gothic Road, Aspendale, embraces five bedrooms, two ensuites, main bathroom, laundry with fourth toilet, rumpus opening onto an entertainer's terrace, high-end stone kitchen with built-in study area, open plan living and dining plus an entertainer's yard with spa. Featuring hydronic heating, split system air conditioning, alarm, water tank plus a double width garage.
THE AGENTS
Claude Makdesi | 0405 342 244
Carlos Makdesi | 0401 132 424
Demetri Alexandris | 0410 413 777
Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Claude Makdesi, MAK REALTY — reproduced as published, not verified by Districts.