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VIC › Parkdale › Second St

38A Second St, Parkdale VIC 3195

Townhouse

$2,100,000

Last sold

3 Dec 2025

5

Bedrooms

3

Bathrooms

2

Car spaces

440 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,100,000 (3 Dec 2025).(Recorded sale)
  • FactLand 440 m²; no building size recorded.(Property record)
  • CalculationRecorded Townhouse sales in Parkdale (last 5 years) with land size: median $5,000/m² of land (n=9). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$2,100,000

3 Dec 2025 · derived via latest_sale

Local land rate: recorded Townhouse sales in Parkdale (last 5 years) with land size have a median of $5,000/m² of land (n=9). Districts calculation from recorded sales — not a valuation.

Parkdale at a glance

12,762

People

$1,597,500

Median sale

$574/wk

Median rent

1.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkdale report →

Vs Parkdale

+31.5%

Median sale

Suburb $1,597,500

-0.45 pp

Gross yield

Suburb 1.87%

Suburb median $1,597,500 from 54 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$2,100,0003 Dec 2025
  2. Listedprice unknowncompleted15 Oct 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 $574/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

Parkdale in one glance

Parkdale at a glance

12,762

People

$1,597,500

Median sale

$574/wk

Median rent

1.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkdale report →

Keep researching

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

Listing material

Listed by Buxton Mentone

Simply Stunning Custom-Built Family Oasis

Considered. Luxurious. Functional. And so much more. Expertly crafted for modern family living, this sparkling new custom-built home delivers exceptional space, high-end finishes and supreme low maintenance – all in a location to love.

Making an impact from the street with its striking mixed media façade, the home opens to a welcoming foyer where a huge picture window frames garden views and allows abundant sunlight to stream in.

Whether entering through the front door or double auto garage, a fully-fitted mud room with handy nooks, pegs and cubbies is an invaluable inclusion – perfect for school bags, coats and sports equipment. Further on, a versatile home office (fifth bedroom) features extensive wardrobing, a luxe ensuite and bespoke shelving – a space that can be easily adapted to suit individual needs.

Read the full description

Grand-scale entertaining and intimate family get-togethers are easy in the home’s huge open plan living/dining zone, where a cosy gas fireplace and mirrored cocktail bar are focal points. Looking out across this impressive space is the first-class Epicurean kitchen, complete with prestige Bosch appliances, lavish stone surfaces and butler’s pantry, which enjoys direct access to the large laundry with ample storage, drying rack and handy chute.

Upstairs, discover four further bedrooms, including the decadent primary suite with 10m ‘runway’ walk-in robe and designer ensuite. Each of the remaining bedrooms boast built-in desks and mirrored wardrobes. They share a beautifully finished family bathroom while also on this level, a skylit first-floor lounge with park-view balcony provides even more valuable living space.

Larger than most dual occupancy residences – and blessed with a very useable outdoor area for endless family enjoyment - the home also boasts ducted heating/cooling, a stunning powder room with finger-tiled feature wall, keyless entry, alarm and security cameras.

Opposite the open green expanses of Dolomore Reserve, this prized address is just moments from Mentone village & station, a choice of elite private & independent schooling options and both Mentone and St Patrick’s primary schools and the bay. It is also in the sought-after catchment zones for Mentone Girls’ and Parkdale secondary colleges.

For more information about this stunning new showpiece please contact Mathew Cox at Buxton Mentone.

Disclaimer:

The floorplan, room measurements, and land size provided are approximate and for illustrative purposes only. Buxton makes no representations or warranties regarding the accuracy, completeness, or reliability of any floorplan, drawing, or rendering used in the advertising materials. Buxton disclaims any liability for errors, omissions, or inaccuracies in the depiction of the land, property, or any described features. Prospective purchasers should conduct their own due diligence and seek independent professional advice to verify all information.

Listing description written by Mathew Cox, Buxton Mentone — 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.