Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Aspendale Gardens › Ferntree Grove
$1,260,888
Last sold
2 Aug 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
603 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
$1,260,888
2 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,075/m² of land (n=32). Districts calculation from recorded sales — not a valuation.
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale Gardens
-3.7%
Median sale
Suburb $1,310,000
+0.11 pp
Gross yield
Suburb 2.91%
Suburb median $1,310,000 from 7 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 $732/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
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaLooking to move straight into a stylish, spacious and well positioned family home?
Just minutes to the beach and trendy local shopping and cafe precincts, this fully renovated home with nothing left to do is perfect for active families and busy investors.
The stylish interiors comprise of four bedrooms with built in robes plus a well positioned study, two modern bathrooms, separate WC, laundry, formal living and dining room as well as a large open plan kitchen, meals and living area. Generous and impeccably finished with stone benchtops, stainless steel appliances, glass splashback and feature pendant lighting, the new kitchen shines as the heart of the home. Quality and comfort continue throughout with brand new carpets, timber style flooring, ducted heating, evaporative cooling and a security system.
Outside the landscaped gardens offer a large entertainment patio with your very own fire pit as well as a grassed yard and double garage.
This quiet court location is a short stroll to Mordialloc Creek and Edithvale Wetlands, close to Aspendale Gardens Primary School, Shopping Centre and Community Centre whilst enjoying easy transport options via Aspendale Train Station, the Mornington Peninsula Freeway, Dandenong Bypass and Eastlink.
• Contemporary living - fully renovated four bedroom plus study family home
• New kitchen with stainless steel appliances, stone benchtops, glass splashback and plenty of bench space
• Landscaped gardens with large patio, fire pit, grassed lawn and double garage
• Brand new carpets, timber style flooring, ducted heating, evaporative cooling and a security system
• Great location near parks, shops, primary school, train station, road links and only minutes to the beach
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
Our signs are everywhere... winningAS
Listing description written by Andy Choi - AG, Area Specialist Victoria — reproduced as published, not verified by Districts.