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VIC › Kennington › Greenwood Dr

4 Greenwood Dr, Kennington VIC 3550

For saleHouse for Sale

$895,000–$950,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

1,039 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $895,000–$950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $895,000–$950,000(Listing record · 28 Apr 2026)
  • CalculationLand 1,039 m² against a 179 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 36% above the Kennington median recorded sale ($657,000, n=57, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kennington's advertised median rent ($529/wk), implied gross yield would be 3.07% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$895,000–$950,000

Asking range · $861/m² of land

No recorded sale for this property.

Kennington at a glance

5,859

People

$657,000

Median sale

$529/wk

Median rent

4.19%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Kennington report →

Vs Kennington

+36.2%

Median sale

Suburb $657,000

-1.12 pp

Gross yield

Suburb 4.19%

Suburb median $657,000 from 57 recorded sales (last 12 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
$895,000
Stamp Duty (Victoria)
$48,770
Transfer/Registration Fee
$2,199
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
$949,669

$54,669 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 Kennington's advertised median rent — not a rent for this listing.

Net yield
1.57%
Annual cashflow (pre-tax)
$-32,457
Interest cover (DSCR)
0.30
Annual rent
$27,508
Operating expenses
$13,425
Loan amount
$716,000
Annual interest
$46,540
Gross yield
3.07%

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$895,000–$950,000available28 Apr 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 $529/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

Kennington in one glance

Kennington at a glance

5,859

People

$657,000

Median sale

$529/wk

Median rent

4.19%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Kennington report →

Keep researching

  • Why Kennington? Read the area thesis →
  • What else is on the market in Kennington →
  • Other records on Greenwood Dr →

Listing material

Listed by Gavin Butler Real Estate

ARCHITECT-DESIGNED FEDERATION ELEGANCE IN A BLUE-RIBBON KENNINGTON SETTING

Gracefully positioned in one of Kennington's most tightly held and peaceful enclaves, this architect-designed residence captures the timeless beauty and craftsmanship of the Federation era while delivering the comfort and functionality demanded by modern family living.

Set amidst beautifully landscaped gardens on an impressive 1,039m² allotment, this distinguished home is rich in character, showcasing exceptional attention to detail from the moment you arrive. The striking façade, with its steeply pitched Colorbond roof, decorative gables, intricate brickwork and wraparound verandah, creates an unforgettable first impression.

Step inside and discover a home where classic elegance is celebrated at every turn. Soaring ceilings, ornate ceiling roses, deep decorative cornices, pine dado lining boards, double-hung sash windows, bay windows complete with timber fretwork and window seating, together with a stunning operational open fireplace featuring a handcrafted timber mantel and cast-iron grate, combine to create warmth, charm and timeless sophistication.

Read the full description

Designed with family living in mind, the home offers three generous bedrooms. The private main suite features a walk-in robe and beautifully appointed heritage-style ensuite, while the remaining bedrooms, each with built-in robes, occupy their own wing and are serviced by a central bathroom.

A richly detailed formal lounge provides the perfect retreat, while the expansive open-plan living, dining and kitchen zone forms the true heart of the home. Filled with natural light and designed for effortless entertaining, this welcoming space flows seamlessly through French doors to the rear verandah and beautifully established gardens.

The country-inspired kitchen will delight the home chef, featuring bespoke timber cabinetry, a generous walk-in pantry, quality gas and electric cooking appliances, dishwasher and abundant bench space.

Outside, multiple alfresco and entertaining areas invite year-round enjoyment, whether hosting family celebrations, entertaining friends or simply relaxing amongst the peaceful gardens.

Practicality is equally impressive with a brick garage/workshop, carport, additional off-street parking, garden shedding and a thoughtfully designed laundry incorporating extensive storage, a study or sewing nook, and direct access to a dedicated drying courtyard.

Perfectly positioned within walking distance of La Trobe University, Kennington Village, Strath Village Shopping Centre, quality schools, public transport and recreational facilities, this exceptional residence offers a lifestyle that is both convenient and enviable.

Homes of this calibre, combining timeless Federation-inspired architecture with modern family functionality, are rarely offered to the market.

Features

- Architect-designed Federation-inspired residence

- Beautifully landscaped 1,039m² allotment

- Three spacious bedrooms

- Main bedroom with walk-in robe and heritage-style ensuite

- Built-in robes to remaining bedrooms

- Elegant formal lounge with operational replica Federation fireplace

- Expansive open-plan family living and dining

- Country-style timber kitchen with walk-in pantry

- Gas and electric cooking plus dishwasher

- Ducted heating and ducted cooling

- High ceilings with ornate cornices and ceiling roses

- Pine dado lining boards and double-hung sash windows

- French doors opening to multiple outdoor entertaining areas

- Wraparound verandahs

- Brick garage/workshop

- Carport and additional off-street parking

- Garden shedding

- Quiet, highly sought-after Kennington location

- Walking distance to La Trobe University, Strath Village, Kennington Village, schools and public transport

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 1105

Listing description written by Gavin Butler, Gavin Butler Real Estate — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Fully Fenced
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.