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VIC › Essendon › Forrester St

42 Forrester St, Essendon VIC 3040

House

5

Bedrooms

5

Bathrooms

5

Car spaces

845 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 845 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Essendon (last 5 years) with land size: median $3,353/m² of land (n=22). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Essendon (last 5 years) with land size have a median of $3,353/m² of land (n=22). Districts calculation from recorded sales — not a valuation.

Essendon at a glance

22,505

People

$1,560,000

Median sale

$531/wk

Median rent

1.77%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Essendon report →

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. Soldprice unknown25 Aug 2026
  2. Listedprice unknowncompleted15 July 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 $531/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

Essendon in one glance

Essendon at a glance

22,505

People

$1,560,000

Median sale

$531/wk

Median rent

1.77%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Essendon report →

Keep researching

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

Listing material

Listed by McDonald Upton

Expressions of Interest Closing Thursday August 13th at 5:00pm unless sold prior

North-Facing Haven of Unparalleled Luxury | Inspection By Appointment

Embodying expression, harnessing ambition, and representing a calibre of comfort far surpassing all accepted norms, this 72sq (approx.), architecturally designed showpiece offers a masterclass in cutting-edge design. Stunning scale and flawless finishes are matched by a palpable warmth making family life a joy, with the north-facing home among the finest Essendon has seen.

Rising above a deep corner parcel, crisp lines and modern minimalism make an instant impact, with sculpted flow and exquisite craftsmanship on full display beyond. A solid Victorian Ash pivot door unveils a 6m void bathing interiors in all-day sun, with an ultra-wide hallway introducing a truly vast laundry, massive mudroom, and statement powder room en route to spectacular main spaces. Living and dining areas neighbour a dream kitchen with striking Cipollino Rosso leathered marble, ribbons of Mont Blanc quartzite, an expansive butler’s pantry, hidden bar, and array of first-class Miele appliances. Full-height sliding glass blends inside and out, revealing an oversized alfresco with a complete barbecue kitchen to comfortably handle large-scale hospitality. Welcomed privacy, a 3-point basketball court, and all-day sun feature in a backyard brilliant in every respect; all centred around a 8.6x4m mineral pool heated for year-round use.

Read the full description

• Executive-calibre luxe over 72sq (approx.)

• 3 living areas, 2 workspaces, BBQ alfresco

• Marble/quartzite kitchen, parking for 5+

• Northern pool, security, 3-phase power

• Near cafés, parks, transport & elite schools

With a downstairs second master/guest room, walk-in robe, and ensuite enabling one-level living, an upstairs master proves a joy to wake up in each morning, boasting its own skylit dressing room and lavish dual-basin ensuite. Walk-in/built-in robes and three further ensuites serve generous third, fourth, and fifth bedrooms, while windows wrap around an open retreat to frame unforgettable views of the Melbourne skyline.

A concealed upper study area is the perfect complement to a versatile rumpus room below, while a long list of other highlights includes Control4 automation, high-end security, comprehensive heating/cooling, bathroom floor heating, automated blinds, an indoor-outdoor fireplace and speakers, wide-board oak floors, 3-phase power, and two garages plus a gated driveway for 5 cars. Central to prestigious schools in PEGS, Lowther Hall, St Bernard’s, St Columba’s, and Ave Maria while never far to shopping/lifestyle villages and trains, trams, and freeways for easy commuting, with parks, sporting clubs, and cafés only a short stroll away.

Please note that property inspections are available strictly by appointment only.

Listing description written by Joe Zucco, McDonald Upton — 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.