Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Waterways › Island Point Ave
$1,800,000
Last sold
26 Mar 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
740 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
$1,800,000
26 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Waterways (last 5 years) with land size have a median of $2,906/m² of land (n=20). Districts calculation from recorded sales — not a valuation.
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Waterways
-1.4%
Median sale
Suburb $1,825,000
+0.02 pp
Gross yield
Suburb 2.09%
Suburb median $1,825,000 from 11 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 $732/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
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaIts Addressed:
Embrace luxury living in an idyllic setting with this expansive two-storey residence, situated a stroll from the water’s edge and close to family-friendly amenities.
Savouring its leafy position on the sought-after Waterways Estate, the home commands attention with its stylish contemporary facade and grand double door entry, framed by the lush green tones of a flourishing frontage.
The light-filled lower level promotes a soothing ambience with its soft neutral palette, exquisite timber flooring, airy high ceilings and flowing open layout, introducing formal and casual living/dining zones, a huge enclosed alfresco and sun-dappled patio for year-round entertaining.
Nearby, the well-appointed stone kitchen is undoubtedly the vibrant hub of the home, providing the aspiring chef with quality 900mm appliances and a roomy butler’s pantry, while the versatile guest bedroom/rumpus and visitor’s bathroom complete the welcoming entry floor.
Upstairs, a comfortable retreat sits alongside four robed bedrooms and a sparkling family bathroom, highlighting the deluxe master which creates the ultimate sanctuary for busy parents with its custom walk-in robe, calming spa bath ensuite and you can enjoy a healthy lifestyle in a cedar-made sauna with TYLO a Swedish-built powerful heater, which will bring the temperature up to 120C in 30 minutes.
Adding to the modern functionality and sumptuous feel, finishing touches include ducted heating and evaporative cooling, stone-top vanities, plush carpet and solar panels for energy efficiency.
There’s also a remote double garage with rear roller access, a useful storage shed and water tank for maintaining the glorious fruit trees, veggie garden and beautiful vine-covered pergolas.
On the outdoors, you can enjoy sitting under the pergola’s shade on a hot summer day with family, friends -
Mediterranean lifestyle.
Promising a lifestyle of ease from its premium natural setting, the home is within a stroll of the popular Nest Café and lake while enjoying the serenity of surrounding nature trails and parks.
It’s also moments from prestigious private schools such as Haileybury, Lighthouse and Cornish colleges, close to zoned schools including Aspendale Gardens Primary and Mordialloc College, and near shopping centres, beaches, transport options and the freeway.
Say yes to luxury living in an exclusive setting with this stunning forever home. Contact us today for a priority inspection.
Property specifications
- Five bedrooms, formal and casual living zones, large enclosed alfresco
- Spacious stone kitchen with 900mm electric oven, five-burner gas cooktop, dishwasher
- Two bathrooms, deluxe ensuite with spa bath, double stone vanity and sauna
- Ducted heating, evaporative cooling, solar panels, blinds/curtains throughout
- Flourishing gardens and patio, double garage with rear access, water tank
- Walk to lake and cafe, close to elite schools, shops, parks, beaches and freeway
For more Real Estate in Waterways, contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Linna Wu, Area Specialist Victoria — reproduced as published, not verified by Districts.
Also look at