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VIC › Tootgarook › Alma St

42 Alma St, Tootgarook VIC 3941

For saleHouse for Sale

$695,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

646 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $695,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $695,000(Listing record · 18 Aug 2026)
  • FactLand 646 m²; no building size recorded.(Property record)
  • CalculationAsk is 17% below the Tootgarook median recorded sale ($837,500, n=64, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tootgarook's advertised median rent ($573/wk), implied gross yield would be 4.29% — 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

$695,000

Asking · $1,076/m² of land

No recorded sale for this property.

Tootgarook at a glance

3,108

People

$837,500

Median sale

$573/wk

Median rent

3.56%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Tootgarook report →

Vs Tootgarook

-17.0%

Median sale

Suburb $837,500

+0.73 pp

Gross yield

Suburb 3.56%

Suburb median $837,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$695,000
Stamp Duty (Victoria)
$36,770
Transfer/Registration Fee
$1,731
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
$737,201

$42,201 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

Pre-filled with Tootgarook's advertised median rent — not a rent for this listing.

Net yield
2.79%
Annual cashflow (pre-tax)
$-16,769
Interest cover (DSCR)
0.54
Annual rent
$29,796
Operating expenses
$10,425
Loan amount
$556,000
Annual interest
$36,140
Gross yield
4.29%

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$695,000available18 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 $573/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 4.3%. 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

Tootgarook in one glance

Tootgarook at a glance

3,108

People

$837,500

Median sale

$573/wk

Median rent

3.56%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Tootgarook report →

Keep researching

  • Why Tootgarook? Read the area thesis →
  • What else is on the market in Tootgarook →
  • Other records on Alma St →

Listing material

Listed by YPA Rye

A Much Loved Family Home Just Moments to The Foreshore

There is something wonderfully reassuring about a home that feels instantly familiar.

Warm, inviting and immaculately maintained, 42 Alma Street is a charming three bedroom brick veneer residence that captures the enduring appeal of the classic family home. Set on a generous and level 646m² allotment with a sunny north facing rear garden, it offers space, comfort and an enviable sense of possibility in a location made for enjoying the Mornington Peninsula.

Inside, the traditional floor plan is bright and welcoming, with original interiors that evoke a wonderful sense of nostalgia. Carefully maintained and beautifully cared for, the home is perfectly comfortable as it is, while offering exciting scope for those who may one day wish to add their own personal touches.

Read the full description

At the rear, the spacious north facing garden is where this home truly comes to life. Bathed in sunshine throughout the day, it provides a peaceful setting for morning coffee, family barbecues, and long summer afternoons, with plenty of room for children and pets to play safely.

A substantial detached brick garage adds further versatility, providing secure single car accommodation while also presenting an opportunity for a home office, garden studio, workshop, or creative retreat, subject to any necessary approvals.

Whether you are looking to take your first step into home ownership, searching for a comfortable place to retire, or seeking a much loved Peninsula escape for weekends and holidays, this is a home with the fundamentals to serve you beautifully for many years to come.

And then there is the location. Positioned within an easy stroll of the foreshore and just moments from the village conveniences of Rye, you can enjoy the absolute best of the Peninsula lifestyle with beaches, shops, cafes, and local amenities all close at hand.

Original, cosy, and full of heart, 42 Alma Street is more than simply a property. It is the kind of home where memories are made, generations gather and the simple pleasures of Peninsula living can be enjoyed for years to come.

Property Features include:

- Three comfortable bedrooms

- One bathroom

- Immaculately maintained brick veneer construction

- Generous 646m² level allotment

- Warm north facing rear garden

- Spacious detached brick single garage

- Potential for garage to become a home office, studio, or workshop, STCA

- Bright and welcoming original interiors

- Spacious rear yard for children and pets to play

- Walk to the foreshore

- Close to Rye Village, shops, cafes, and local amenities

*All distances and measurements are approximate only.

Listing description written by Tony Talarico, YPA Rye — 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.