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VIC › Mambourin › Gardenvale Ave

33 Gardenvale Ave, Mambourin VIC 3024

House

$687,500

Last sold

23 Oct 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

392 m²

Land

25 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $687,500 (23 Oct 2024).(Recorded sale)
  • CalculationLand 392 m² against a 25 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mambourin (last 5 years) with land size: median $1,800/m² of land (n=73). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$687,500

23 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Mambourin (last 5 years) with land size have a median of $1,800/m² of land (n=73). Districts calculation from recorded sales — not a valuation.

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Vs Mambourin

+5.8%

Median sale

Suburb $650,000

-0.21 pp

Gross yield

Suburb 3.92%

Suburb median $650,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$687,50023 Oct 2024
  2. Listedprice unknowncompleted26 Aug 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $490/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mambourin in one glance

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Keep researching

  • Why Mambourin? Read the area thesis →
  • What else is on the market in Mambourin →
  • Other records on Gardenvale Ave →

Listing material

Listed by REDDY G Real Estate

"Stunning Residence in the Heart of Windermere Estate – A Blend of Modern Luxury and Scenic Beauty"

Reddy G Real Estate Agency is presenting you a dream home in the heart of the next-generation Windermere Estate, where modern living meets natural beauty. Set among 50 hectares of recreation areas, natural creek reserves, and stunning wetlands, this estate offers everything you need for a comfortable and vibrant lifestyle.

Location Highlights:

* Just minutes away from Wyndham Vale Train Station.

Read the full description

* Conveniently close to shopping centers.

* Future train station and Mambourin Town Centre coming soon.

* Proximity to the future Good News Lutheran College (opening early 2025).

* Nearby primary school for your little ones.

About the House:

This beautiful home, built by a renowned builder, sits on a generous 392 sqm block with a 25 sqm build. Perfect for families, it features 4 spacious bedrooms, 2 modern bathrooms, a 2-car garage, and 2 living areas.

Key Features:

* Master Retreat: Double door entry to a lavish master bedroom with a spacious ensuite, double vanity, and a walk-in robe.

* Gourmet Kitchen: Equipped with 900mm appliances, a 20mm stone benchtop, and a walk-in pantry, perfect for the home chef.

* Living Space: Open-plan living area with dual access to the undercover alfresco, offering seamless indoor-outdoor flow.

* Theatre Room: A dedicated theatre room at the rear for movie nights and entertainment.

* Bedroom Comfort: One bedroom with a walk-in robe and two others with built-in wardrobes.

* Alfresco Area: A wooden-floored alfresco, ideal for outdoor dining and relaxation.

* Study Nook: A cozy study nook, perfect for work or study at home.

This north-facing home is designed for comfort, style, and practicality. Don't miss the opportunity to make it yours.

For a private inspection please call VIKHYATH VARMA on 0403 981 614 or SUDHEER REDDY on 0452 384 994

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Vikhyath Varma, REDDY G Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Remote Garage
  • Secure Parking

Also look at

Also for sale in Mambourin

  • 41 Gardenvale Ave, Mambourin VIC 3024

    4-bed house for sale. Asking $760K–$810K.

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  • 9 Gardenvale Ave, Mambourin VIC 3024

    0-bed land for sale. Asking $430K.

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  • Lot 432 Gardenvale Ave, Mambourin VIC 3024

    4-bed house. Asking $744K.

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  • 18 Tolkien Dr, Mambourin VIC 3024

    3-bed house for sale. Asking $590K–$620K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.