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VIC › Strathtulloh › Grappenhall Ave

38 Grappenhall Ave, Strathtulloh VIC 3338

For saleLand

$699,000–$739,000

For sale

Asking range

$342,000

Last sold

4 Nov 2025

0

Bedrooms

0

Bathrooms

2

Car spaces

349.894 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000–$739,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000–$739,000(Listing record · 26 Aug 2026)
  • FactLand 350 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Strathtulloh (last 5 years) with land size: median $993/m² of land (n=12). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 12% above the Strathtulloh median recorded sale ($625,000, n=172, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Strathtulloh's advertised median rent ($493/wk), implied gross yield would be 3.67% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$699,000–$739,000

Asking range · $1,998/m² of land

Last recorded sale $342,000 (4 Nov 2025).

Local land rate: recorded Land sales in Strathtulloh (last 5 years) with land size have a median of $993/m² of land (n=12). Districts calculation from recorded sales — not a valuation.

Strathtulloh at a glance

8,527

People

$625,000

Median sale

$493/wk

Median rent

4.10%

Suburb gross yield

Median sale from 172 recorded sales (last 12 months) — a Districts calculation.

See the full Strathtulloh report →

Vs Strathtulloh

+11.8%

Median sale

Suburb $625,000

-0.43 pp

Gross yield

Suburb 4.10%

Suburb median $625,000 from 172 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$699,000
Stamp Duty (Victoria)
$37,010
Transfer/Registration Fee
$1,740
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$741,450

$42,450 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Strathtulloh's advertised median rent — not a rent for this listing.

Net yield
2.17%
Annual cashflow (pre-tax)
$-21,197
Interest cover (DSCR)
0.42
Annual rent
$25,636
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.67%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

20252026$342k$699k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$699,000–$739,000available26 Aug 2026
  2. Sold$342,0004 Nov 2025
  3. Listedprice unknowncompleted25 Sept 2025

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 $493/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Strathtulloh in one glance

Strathtulloh at a glance

8,527

People

$625,000

Median sale

$493/wk

Median rent

4.10%

Suburb gross yield

Median sale from 172 recorded sales (last 12 months) — a Districts calculation.

See the full Strathtulloh report →

Keep researching

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

Listing material

Listed by The Roof Real Estate Melton

Brand New Charming Family Home Close by Cobblebank Village & Melton Hospital

The Roof Real Estate Melbourne proudly presents an exceptional off-the-plan opportunity in Melton, ideal for first home buyers, investors and owner-occupiers seeking a brand-new home with potential stamp duty savings. Currently under construction, this thoughtfully designed residence offers the opportunity to secure a brand-new, modern home while taking advantage of applicable off-the-plan stamp duty concessions. First home buyers may also benefit from available government incentives, subject to eligibility.

Discover refined living in this beautifully upgraded, single-level residence positioned in the highly sought-after Atherstone Estate. Designed with exceptional attention to detail, this home delivers the perfect blend of style, comfort, and everyday practicality-ideal for families, first-home buyers, or investors seeking premium quality in a thriving community.

From the moment you step inside, a wide entry hallway, high ceilings, and sleek hybrid flooring create an immediate sense of intricacy. The well-thought-out floorplan offers seamless indoor-outdoor flow and multiple living zones, ensuring ample space for both relaxation and entertaining.

Read the full description

Details of inclusions upon completion of the house are as below:

************SUMMARY OF FEATURES************

***First Home Buyer Benefits***

• Massive off-the-plan stamp duty reduction/complete exemption

• $10,000 first home buyer grant

• Home Guarantee Scheme - pay deposit as low as 5%

***Turnkey Inclusions***

• 4 Bedrooms - 2 Bathrooms 2 Livings and Double Garage

• Fully Landscaped front yard & backyard

• Stepped pathway to porch

• Fully Landscaped backyard

• Exposed aggregate Driveway & Porch

• Letterbox included

• Fully fenced house perimeter

• Outdoors clothes line

***Inclusions***

• 60mm Calcutta range quartz bench tops to kitchen

• 40mm quartz bench tops in laundry & bathrooms

• 900mm appliances

• 2.34m Solid timber entry door

• 2.34m high doors

• 2.7 m high ceiling with square-set finish

• Zoned refrigerated heating & cooling

• Master ensuite with a double vanity

• Wall-to-wall tiled-to-ceiling bathrooms

• Master and guest walk-in-robes with shelving & hanging rods

• Shower Niches

• Walk-in-pantry with shelving

• Timber Island Bulkhead with pendants

• All bedrooms with built in robes

• Fully tiled-to-ceiling bathrooms

• Bathtub with tiled splash back

• Hybrid flooring throughout

• Down lights throughout

• Colorbond roofing

***Amenities***

Cobblebank village - 2 Minutes Drive

Strathtulloh primary school 2 Minutes Drive

Jett Fitness Gym - 2 Minutes Drive

Cobblebank train station - 2 Minutes drive

Cobblebank stadium - 2 Minutes drive

Western freeway 2 Minutes drive

***Additional benefits include***

• Melton Hospital under construction

• Government primary school in walking distance

• Government secondary school also in walking distance

• Only 40km from Melbourne CBD

• Close to schools, childcare, shops, and fitness facilities

• Located within a master-planned community featuring future retail, commercial, and transport hubs

• Surrounded by parklands, gyms, and scenic walking tracks

This is a rare opportunity to secure a contemporary, fully upgraded home in a location that continues to grow in value and appeal. Perfectly presented and move-in ready-your future lifestyle awaits.

If you are looking to purchase this masterpiece call us at early convenience and book your private inspection.

Khushboo Gupta on 0425169754 E: Khushboo@theroofrealestate.com.au

Payal Arora on 0435 821 541 E: Payal@theroofrealestate.com.au

We look forward to seeing you at our next open for inspection!

(Photo ID is Required at all Open For Inspections)

DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency.

Note. 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/duediligencechecklists.

Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from The Roof Real Estate. You may unsubscribe at any time.

Listing description written by Khushboo Gupta, The Roof Real Estate Melton — reproduced as published, not verified by Districts.

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.