Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Geelong › Eastern Beach Rd
$3,450,000
Last sold
29 June 2021
3
Bedrooms
2
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
$3,450,000
29 June 2021 · derived via latest_sale
Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong
+173.8%
Median sale
Suburb $1,260,000
-1.24 pp
Gross yield
Suburb 1.95%
Suburb median $1,260,000 from 5 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 $472/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
UnknownArea
Geelong at a glance
5,841
People
$1,260,000
Median sale
$472/wk
Median rent
1.95%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownEastern Beach Rd is the pinnacle of Geelong waterfront living and is regarded as some of Victoria's most prized real estate.
"Benton" built in 1880, is beautifully presented and perfectly positioned to capture the stunning north facing views over the tranquil waters of Corio Bay, the Royal Geelong Yacht Club, Eastern Beach and of course, the iconic Eastern Beach Baths and Promenade. This rare opportunity to own a piece of the region's most tightly held real estate is presented.
The home is captivating, having undertaken a stunning renovation honouring the authenticity of its history whilst incorporating neo-classical elements resulting in modern elegance. The exterior has been masterfully restored from the tuck-point brickwork to the slate roof.
On entry you will be impressed with soaring ceilings, perfect ornate cornicing, detailed archways, and beautiful staircase. The formal dining room flows seamlessly to the living room and is positioned beautifully to capitalize on the view across the bay. The two rooms provide a sense of warmth and history with polished floorboards, original marble fire places and mirrors, and striking feature lighting that has been carefully sourced for the home.
The transition to the rear is separated by a feature courtyard, flooding natural light through the open plan kitchen living and dining room. The raked ceilings, high quality kitchen boasting Carrara marble, Falcon oven for the avid chef and the polished concrete floors (with underfloor heating) are both functional and stylish maintaining the authenticity of the house. The work from home office or study is perfectly poised for those who require the flexibility and also doubles as a sitting room adjacent to the sunny courtyard.
Upstairs is where you find the accommodation and the main bedroom is lavish in size with direct balcony access and million-dollar views across Corio Bay, the You Yangs and beyond. The bathrooms rival the best hotels and are complete floor to ceiling marble, with double vanities and large showers.
The home is delivered with exceptional quality, with hydronic heating, and cooling throughout, and the very best fixtures and fittings that will suit the most astute purchaser with a keen eye for the very best real estate.
The lifestyle that is attached to this incredible landmark home is the most sought after in the region and offers up the very best dining, cafes, theatre, parks, bay activities, and the convenience of the CBD on the doorstep.
Listing description written by David Cortous, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.
Victoria 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.