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NSW › Austinmer › The Grove

44 The Grove, Austinmer NSW 2515

House

$2,300,000

Last sold

22 Nov 2024

4

Bedrooms

2

Bathrooms

3

Car spaces

601 m²

Land

263 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,300,000 (22 Nov 2024).(Recorded sale)
  • CalculationRecorded House sales in Austinmer (last 5 years) with land size: median $2,761/m² of land (n=28). 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

$2,300,000

22 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Austinmer (last 5 years) with land size have a median of $2,761/m² of land (n=28). Districts calculation from recorded sales — not a valuation.

Austinmer at a glance

2,668

People

$1,895,000

Median sale

$900/wk

Median rent

2.47%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Austinmer report →

Vs Austinmer

+21.4%

Median sale

Suburb $1,895,000

-0.44 pp

Gross yield

Suburb 2.47%

Suburb median $1,895,000 from 10 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$2,300,00022 Nov 2024
  2. Listedprice unknowncompleted20 Sept 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $900/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

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

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • 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

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Austinmer in one glance

Austinmer at a glance

2,668

People

$1,895,000

Median sale

$900/wk

Median rent

2.47%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Austinmer report →

Keep researching

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

Listing material

Listed by One Agency Kane Downie

Austinmer Classic in The Grove

Elevated from the street in one of Austinmer's most sought-after locations, this Austinmer Classic has been cleverly updated over time from its circa 1920s origins to become the spacious family abode it is today. Multiple living spaces, sizeable rooms and a generous parent's retreat, provide the space and privacy everyone desires. Beautiful sunshine and large picture windows create a light and airy feel, whilst stunning escarpment views amaze and tantalize. Add to this the fabulous proximity to the village cafes, train, bush walks and pristine local beaches make this the perfect seaside retreat.

- Located in a highly sought after and tightly held enclave, this home is leafy and quiet and only footsteps to the village and beach

- Main living area has large picture windows and a lovely outlook over the backyard

Read the full description

- The large dining room seamlessly connects to the kitchen, the main living area and a sun filled veranda

- The kitchen has modern appliances, plenty of cupboards and is the heart of the home

- Palatial parent's retreat with enormous master has a roomy walk-in robe, modern ensuite, separate living area and a private balcony that is a fabulous spot to relax as you marvel at the changing colours of the escarpment

- The 'parent's living area' is also an idyllic space to work from home, enjoying natural light and a picturesque outlook

- Bedroom two (potentially a second master) is enormous and has beautiful parquetry floors, walk-in robe and its own balcony with views of the escarpment

- The main bathroom has been modernised, has a double sink and separate bath and shower

- The third and fourth bedrooms are both generously sized, have built-in robes and enjoy leafy outlooks

- Level backyard is ideal for the kids to play, and easy maintenance for the gardener

- Heating and cooling are taken care of with reverse cycle aircon and gas points and there is also a hot outdoor shower

- Balmy summer evenings are spent relaxing on the back deck as you ponder 'does life get any better'

- The home is completely wired with Cat 6 cabling and multiple Ethernet connection points

- A large garage is perfect for all the toys or as a teenager's retreat

- There is also off street parking for two further cars or camper/boat/trailer

- Only a short stroll to Austinmer station for the commute days and easy walk for the kids to school

- Embrace the fabulous Austi lifestyle as you immerse yourself in the friendly community with amazing proximity to coffee shops and beach

Listing description written by Andrew Hedley, One Agency Kane Downie — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
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.