Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Snowdon Dr
$1,090,000
Last sold
19 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
526.685 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
$1,090,000
19 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $2,182/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
-17.7%
Median sale
Suburb $1,325,000
+0.55 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 recorded sales (last 24 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 $655/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
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupFamily values are the heart of this classic brick beauty - elevated on its 527sqm (approx.) corner allotment, featuring spacious family accommodation and an expansive undercroft network of workshop, garaging and storage spaces to service even the most serious of tradesmen, car or hobby enthusiast or man-cave extraordinaire!
This beautifully maintained and presented home sits in one of Cheltenham's fast-transitioning pockets - surrounded by public transport, prestige golf courses, local parks, an easy walk to DFO and The Mentone Centre shops; a short bus ride to Charman Road's vibrant shopping/dining, Cheltenham station and Westfield Southland; and in the prized school zone for Mentone Park Primary, and Mentone Girls' and Parkdale Secondary Colleges.
Solid, warm and welcoming with large banks of full-height windows facing due north, quality drapes and updated carpets, fresh paint, ducted gas heating, split system/reverse cycle air-conditioning, and loads of built-in storage including loft storage, and oversized triple garage and two large rainwater tanks.
Comprising four extra-large bedrooms with robes and a neat family bathroom with a bath and a shower and separate toilet; plus a downstairs 2nd shower, toilet and basin, and laundry.
Two generous living zones including a spacious lounge and formal dining, plus a separate family/meals zone and large kitchen at the hub with oodles of storage and bench space, a wall oven and a dishwasher.
Stepping outside to an immaculate backyard with plenty of flat lawn, a large veggie patch and thriving mature fruit trees that are bound to draw you outside to enjoy time and time again. The handyman will LOVE the downstairs arena which includes an oversized 2-3 car remote garage and two large adjoining workshops plus a loft storage room! The ultimate man-cave!
An excellent opportunity to acquire an affordable entry into the unstoppable Bayside marketplace, create your ideal family home and indoor-outdoor living; further extend and enhance, or invest in a promising neighbourhood amongst the best of the bay.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Dylan Jansma, Ray White The Bayside Group — reproduced as published, not verified by Districts.