Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Oak Park › Grevillia Rd
3
Bedrooms
1
Bathrooms
4
Car spaces
585 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Oak Park (last 5 years) with land size have a median of $1,775/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
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 $542/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
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupWelcome to 40 Grevillia Road, Oak Park, where opportunity knocks! Nestled on an expansive 585m2 (approx.) allotment with an impressive 18.3m (approx.) frontage, this classic weatherboard home is your canvas for future dreams. While the existing home requires some tender loving care, the true value lies in the land and its superb location. Renovate the current structure, start fresh with your dream home, or explore development options (STCA) - the possibilities are endless. Situated in the heart of Oak Park, you'll find yourself just a stone's throw away from bustling shops, charming cafes, reputable schools, serene parks, and the convenient train station. Embrace the vibrant community and lifestyle that awaits you. Don't miss out on this rare chance to secure a prime piece of real estate with immense potential. Whether you're a renovator, builder, or developer, 40 Grevillia Road is the perfect starting point for your next project.
Make your move today - Contact C+M Residential. 'Helping You Find Home'
THE UNDENIABLE:
• Single Weatherboard House
• Built-in 1950s approx.
• Land size of 585m2 approx.
• Building size of 16sq approx.
• Frontage: 18.3m approx.
• Foundation: Stumps
THE FINER DETAILS:
• Kitchen with appliances, benchtops, ample cupboard space
• Sizeable meals & living zone
• 3-Bedrooms
• 1-Bathroom with shower, vanity, separate toilet & Laundry
• Gas wall heating & ceiling fans
• Established gardens front & rear with trees, garden beds & lawns
• Single garage plus driveway for additional parking
• Potential Rental: $550 - $600 p/w approx.
THE AREA:
• Close to Pascoe Vale Rd, Snell Gr, Devon Rd & Pascoe St shopping & cafe strips.
• Oak Park & Glenroy train station & bus hub
• Surrounded by parks, reserves & schools
• Only 11.5km from the CBD with easy City Link, Ring Road, & airport access
• Zoned Under the City of Merri-bek - General Residential Zone
THE CLINCHER:
• Impressive 18.3m frontage offering unparalleled development & design possibilities
• Prime Oak Park location, steps from shops, cafes + train
THE TERMS:
• Deposit of 10%
• Settlement of 60/90 days
Secure your INSPECTION Today by using our booking calendar via the REQUEST INSPECTION button...
*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.
Marwan Abdulwahed: 0420 647 396
Frank Antonello: 0414 567 768
Nicholas Alikakos: 0431 686 495
Listing description written by Marwan Abdulwahed, Eview Group — reproduced as published, not verified by Districts.