Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Watsonia › Grimshaw St
$816,000
Last sold
30 Apr 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
355 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
$816,000
30 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Watsonia (last 5 years) with land size have a median of $1,698/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Watsonia
-17.4%
Median sale
Suburb $987,500
+0.60 pp
Gross yield
Suburb 2.84%
Suburb median $987,500 from 20 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 $540/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
Watsonia at a glance
5,645
People
$987,500
Median sale
$540/wk
Median rent
2.84%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig ElthamEXPRESSIONS OF INTEREST CLOSING TUESDAY 14TH MAY AT 5PM (UNLESS SOLD PRIOR)
SOLD by Jellis Craig. Stylish and captivating, this extraordinary residence offers an unparalleled lifestyle with added convenience. Meticulously renovated to the highest standard and boasting versatile, intelligent spaces, it seamlessly combines entertainment with luxurious intimate family living.
Set amidst stunning, low-maintenance landscaped grounds, this sunlit home exudes quality. The spacious living area, adorned with gleaming hardwood floors, LED lighting, and double blinds, seamlessly flows onto the private, north-facing deck. It’s an entertainer’s paradise with a free-flowing feel and plenty of space for relaxation. The kitchen epitomizes contemporary elegance, flooded with natural light and adorned with chic geometric and subway tiles, waterfall stone benches, and high-end appliances, blending beauty with practicality. The bedrooms are generously sized and refined, featuring quality window furnishings. The stunning designer bathroom is a highlight, also boasting geometric and subway tiles, high-end tapware, and a custom hardwood vanity. Additional features include a lock-up garage with rear access, split system air conditioning, gas ducted heating, a full-size laundry tying in seamlessly with the overall stylistic aesthetic, a separate powder room, water tank, additional off street parking and ample storage.
The property offers convenient access to Watsonia's bustling shopping precinct and the nearby train station, while providing easy reach to major arterial roads like the Western Ring Road, the Northeast Link, and the Greensborough Bypass. Additionally, its proximity to Greensborough Plaza, Loyola College, Parade College, Watsonia North Primary, and Greensborough College ensures an exciting and desirable future ahead.
Listing description written by John Le Gros, Jellis Craig Eltham — reproduced as published, not verified by Districts.