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VIC › Glen Huntly › Neerim Rd

4/151 Neerim Rd, Glen Huntly VIC 3163

For saleTownhouse

$890,000–$968,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $890,000–$968,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $890,000–$968,000(Listing record · 5 Aug 2026)
  • CalculationAsk is 43% below the Glen Huntly median recorded sale ($1,567,500, n=10, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Glen Huntly's advertised median rent ($537/wk), implied gross yield would be 3.14% — 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

$890,000–$968,000

Asking range

No recorded sale for this property.

Glen Huntly at a glance

5,562

People

$1,567,500

Median sale

$537/wk

Median rent

1.78%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Glen Huntly report →

Vs Glen Huntly

-43.2%

Median sale

Suburb $1,567,500

+1.36 pp

Gross yield

Suburb 1.78%

Suburb median $1,567,500 from 10 recorded sales (last 24 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
$890,000
Stamp Duty (Victoria)
$48,470
Transfer/Registration Fee
$2,187
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
$944,357

$54,357 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 Glen Huntly's advertised median rent — not a rent for this listing.

Net yield
1.64%
Annual cashflow (pre-tax)
$-31,706
Interest cover (DSCR)
0.31
Annual rent
$27,924
Operating expenses
$13,350
Loan amount
$712,000
Annual interest
$46,280
Gross yield
3.14%

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

  1. Listed$890,000–$968,000available5 Aug 2026

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 $537/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

Gross yield if leased at the suburb aggregate is 3.1%. 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

Glen Huntly in one glance

Glen Huntly at a glance

5,562

People

$1,567,500

Median sale

$537/wk

Median rent

1.78%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Glen Huntly report →

Keep researching

  • Why Glen Huntly? Read the area thesis →
  • What else is on the market in Glen Huntly →
  • Other records on Neerim Rd →

Listing material

Listed by McGrath Doncaster

Contemporary Family Living in a Prime Lifestyle Setting

Delivering style, space and low-maintenance ease, this beautifully presented contemporary townhouse offers an exceptional lifestyle opportunity in one of Glen Huntly's most convenient locations. Showcasing generous proportions across two light-filled levels, multiple living areas, three bedrooms and quality modern finishes throughout, it perfectly caters to families, professionals and investors seeking comfort without compromise.

The ground floor is designed for effortless everyday living, where an expansive open-plan living and dining zone is complemented by a sleek stone kitchen featuring abundant cabinetry, quality stainless steel appliances and a breakfast island that naturally becomes the heart of the home. Large sliding doors extend the living space outdoors to a private courtyard, creating an inviting setting for alfresco dining, entertaining or simply enjoying a quiet morning coffee. A convenient downstairs powder room adds further practicality for residents and guests.

Upstairs, a spacious second living retreat provides valuable flexibility as a family room, children's lounge or home office. Three generous bedrooms ensure comfortable accommodation, highlighted by the privately positioned master suite complete with its own ensuite, walk-in robe and balcony. The remaining bedrooms are serviced by a stylish central bathroom, offering an ideal layout for growing families or guests.

Read the full description

Finished in a timeless neutral palette with high ceilings, oversized windows and quality fittings throughout, the home enjoys an abundance of natural light while maintaining an easy-care lifestyle. Completing the package is a secure single garage with internal access, additional storage and a practical laundry.

Positioned for outstanding convenience, this impressive residence is moments from Glen Huntly Village, cafés, restaurants, public transport, quality schools, parklands and Monash University, while offering easy access to Chadstone Shopping Centre and Melbourne's CBD.

Property Features

-Three generous bedrooms, including master with ensuite, walk-in robe and private balcony

-Bright open-plan living and dining area

-Spacious upstairs family retreat

-Stone kitchen with breakfast island and stainless steel appliances

-Private low-maintenance courtyard for outdoor entertaining

-Downstairs powder room plus stylish central bathroom

-High ceilings and abundant natural light throughout

-Neutral contemporary finishes

-Separate laundry

-Secure single garage with internal access

-Excellent storage throughout

-Low-maintenance lifestyle in a highly sought-after location

A modern home that combines space, functionality and contemporary style, this outstanding townhouse presents an exceptional opportunity to secure effortless living in the heart of Glen Huntly.

Disclaimer:

The information contained in this report has been provided to us and is intended as a general guide only. While every effort has been made to ensure accuracy, no responsibility is accepted and all liability is disclaimed for any errors, omissions, inaccuracies, or misstatements. This material is provided for reference purposes only and does not constitute representation by the Agent or Owner. Prospective purchasers are strongly advised to conduct their own enquiries and due diligence to verify all information prior to making any decisions.

Listing description written by Bonnie Shang, McGrath Doncaster — 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.