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VIC › Seaholme › Queen St

38 Queen St, Seaholme VIC 3018

Townhouse

$1,710,000

Last sold

1 Mar 2025

5

Bedrooms

3

Bathrooms

2

Car spaces

393 m²

Land

29.8 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 $1,710,000 (1 Mar 2025).(Recorded sale)
  • CalculationLand 393 m² against a 30 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded Townhouse sales in Seaholme (last 5 years) with land size: median $4,843/m² of land (n=6). 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

$1,710,000

1 Mar 2025 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded Townhouse sales in Seaholme (last 5 years) with land size have a median of $4,843/m² of land (n=6). Districts calculation from recorded sales — not a valuation.

Seaholme at a glance

2,058

People

$1,300,000

Median sale

$548/wk

Median rent

2.19%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Seaholme report →

Vs Seaholme

+31.5%

Median sale

Suburb $1,300,000

-0.52 pp

Gross yield

Suburb 2.19%

Suburb median $1,300,000 from 18 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

202020222025$1.72m$1.71m
  • Sold (recorded)
  1. Sold$1,710,0001 Mar 2025
  2. Listedprice unknowncompleted6 Feb 2025
  3. Sold$1,720,00031 July 2020
  4. Listedprice unknowncompleted8 May 2020

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 $548/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

Seaholme in one glance

Seaholme at a glance

2,058

People

$1,300,000

Median sale

$548/wk

Median rent

2.19%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Seaholme report →

Keep researching

  • Why Seaholme? Read the area thesis →
  • What else is on the market in Seaholme →
  • Other records on Queen St →

Listing material

Listed by Mancini Real Estate

Coastal Luxury – Modern residence just 200m from the Beach!

If you close your eyes and imagine the ultimate coastal oasis, you may well be envisioning this home. Brilliantly constructed, beautifully finished, and boasting a position only 200m from picturesque Port Phillip Bay, this is what spectacular Seaholme living is all about.

The façade of this fabulous home is landscaped to perfection. Lush foliage, quality gabion walls, an aggregate drive for extra parking, and a single-lock up garage help this home feel enveloped in quality.

Inside, the floorplan is ideal for everyday living, entertaining in style, and sharing this home with family and friends. The gourmet kitchen with inviting island, stone benchtops, wall oven, and walk-in pantry adjoins the lounge and dining area with sleek tile flooring and a warm wood fire. From here, step out to the alfresco overlooking the large lawn and glass fenced spa. For those with older kids or who love to host guests, there is a smart upper level kitchenette for convenience. Working from home has also never been more comfortable than it is here with a generous study nook with custom cabinetry and an upper level bedroom/study with access to the balcony.

Read the full description

In addition, this home boasts exceptional bedrooms. The luxe ground floor bedroom with window seat enjoys an ensuite-effect connection with one of the beautiful bathrooms. The upper level bedrooms share a stylish bathroom with dual sinks and frameless shower. The main bedroom with magnificent walk-in robe and vaulted limewash ceilings is adorned with a deluxe ensuite featuring dual sinks, skylight, floor to ceiling tiles, and relaxing soaker tub.

This prized position also affords families a coveted spot in the Seaholme Primary School and Altona College zone. Take a stroll along Altona Beach, a swim in Flemings Pool, or a shop in one of several local precincts including Civic Parade and Pier Street. The practicality of having Seaholme Station and easy freeway access to the CBD nearby is an added bonus for commuters.

This exquisite property is a sensational slice of bayside living, so don't delay, plan your viewing today.

Listing description written by Eric Mancini, Mancini Real Estate — reproduced as published, not verified by Districts.

Property features

  • Study
  • Toilets: 3
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.