East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › East Geelong › Meakin St
$835,000
Last sold
19 May 2023
3
Bedrooms
2
Bathrooms
4
Car spaces
516 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
$835,000
19 May 2023 · derived via latest_sale
Local land rate: recorded House sales in East Geelong (last 5 years) with land size have a median of $2,059/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs East Geelong
-2.9%
Median sale
Suburb $860,000
+0.09 pp
Gross yield
Suburb 2.68%
Suburb median $860,000 from 23 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 $444/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
East Geelong at a glance
4,014
People
$860,000
Median sale
$444/wk
Median rent
2.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Compton Green GeelongOccupying a corner allotment of approx. 516sqm, this two-storey residence is readily awaiting its next chapter. Families will be inspired to transform the spacious layout into their dream home (STCA), while two driveways ensure plenty of room for boat/caravan storage. This highly sought-after location places you within walking distance to Eastern Park and the vibrant Garden Street shopping precinct.
• Built & designed by the current owner, the spacious layout ensures you'll never run out of room again. The generous living room flows into the dining/kitchen zone, where you can open the sliding door onto the alfresco area. Draped in a mature grapevine, this outdoor setting is the perfect place to enjoy drinks with loved ones.
• Boasting a built-in bar, the second living area sets the scene for fun-filled gatherings that linger long into the night. The sitting room can be closed off for privacy, while the study is ideal for homework sessions.
• The kitchen is well equipped with a dishwasher and cooking appliances. The laundry boasts a shower, while the powder room completes the lower level.
• Upstairs is home to all three bedrooms. The main bedroom features a private balcony, walk-in robe and en suite. Two additional bedrooms (one with walk-in robe, one with built-in robes) share close access to the main bathroom. Other features include two gas wall heaters, two air conditioners and ducted vacuum.
• The remote double garage features internal access, while the second driveway provides vehicle access to the backyard for boat or caravan storage. The secure front yard is ideally positioned to capture the northern sunshine.
• You'll love heading to Eastern Park, where you'll find sporting grounds, the East Geelong Golf Club and Geelong Botanical Gardens. The morning school run will be a breeze, thanks to St Margarets Primary School and Geelong High School just moments away. To top it all off, you can enjoy easy access to the Geelong CBD and picturesque Waterfront.
For the investors, our team has estimated that this property will bring in $440 - $470pw as it's currently presented. Don't miss this opportunity to make your mark in prized East Geelong!
Listing description written by Kristy Wild, Compton Green Geelong — reproduced as published, not verified by Districts.
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