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VIC › Keysborough › The Grove

4 The Grove, Keysborough VIC 3173

House

$955,000

Last sold

18 May 2019

4

Bedrooms

2

Bathrooms

2

Car spaces

610 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $955,000 (18 May 2019).(Recorded sale)
  • FactLand 610 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Keysborough (last 5 years) with land size: median $1,817/m² of land (n=72). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$955,000

18 May 2019 · derived via latest_sale

Local land rate: recorded House sales in Keysborough (last 5 years) with land size have a median of $1,817/m² of land (n=72). Districts calculation from recorded sales — not a valuation.

Keysborough at a glance

32,010

People

$935,000

Median sale

$650/wk

Median rent

3.61%

Suburb gross yield

Median sale from 103 recorded sales (last 12 months) — a Districts calculation.

See the full Keysborough report →

Vs Keysborough

+2.1%

Median sale

Suburb $935,000

-0.07 pp

Gross yield

Suburb 3.61%

Suburb median $935,000 from 103 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$955,00018 May 2019
  2. Listedprice unknowncompleted1 Jan 2001

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 $650/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

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

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

Keysborough in one glance

Keysborough at a glance

32,010

People

$935,000

Median sale

$650/wk

Median rent

3.61%

Suburb gross yield

Median sale from 103 recorded sales (last 12 months) — a Districts calculation.

See the full Keysborough report →

Keep researching

  • Why Keysborough? Read the area thesis →
  • What else is on the market in Keysborough →
  • Other records on The Grove →

Listing material

Listed by OBrien Real Estate Cheltenham

Contemporary family home and entertainer's dream

Nestled in a quiet court location this four bedroom home provides easy family living with quality inclusions on a spacious allotment of 610sqm (approx) and offers plenty of space for young families to grow and thrive.

A spacious formal lounge greets you upon entry while tiled floors lead you into the open-plan living area where the large gourmet kitchen features an oversized oven with 5 burner gas cooktop, beautiful tiled splashback and large L-shaped island with breakfast bar. The kitchen flows with ease into both indoor and outdoor dining so whether you're entertaining guests or relaxing on a quiet night, the spacious family living zones make both a breeze and with ducted heating and cooling, comfort is assured all year long.

Four spacious bedrooms and a central bathroom complete this family home, three bedrooms feature built in robes while the master bedroom enjoys a large walk-in robe and stylish ensuite. Ceiling fans are present in every bedroom with two additional fans in the open plan living zone.

Read the full description

This home offers an abundance of lifestyle options, including it's very own 30,000 litre (and extremely low-maintenance) pool. Entertaining family and friends has never been easier with the spacious outdoor entertaining area perfect for enjoying a barbeque on a warm summer's night.

Along with stunning parklands like Tatterson Park and Donnici Reserve, quality schooling such as Haileybury and the upcoming Keysborough South Primary school close by and easy access to nearby Parkmore Shopping Centre and Major arterials this home is well positioned to enjoy the best of Keysborough.

Listing description written by Peter Konidaris, OBrien Real Estate Cheltenham — 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.