Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Geelong West › Spring St
$805,000
Last sold
27 Mar 2021
3
Bedrooms
2
Bathrooms
1
Car spaces
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
$805,000
27 Mar 2021 · derived via latest_sale
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong West
-8.5%
Median sale
Suburb $880,000
+0.26 pp
Gross yield
Suburb 2.75%
Suburb median $880,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $466/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
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyOnly a 9-minute walk to the Geelong Station, this generous townhouse offers enviable lifestyle with lock and leave capability so you can enjoy all the action located at your doorstep. This includes Geelong's premier latte district of Pakington Street, walks along the Geelong waterfront, laneway dining and entertainment of Little Malop Street and Westfield Plaza. The list continues with the Arts Centre, Geelong Gallery, live music venues and the state of the art Public Library across the manicured gardens of Johnstone Park - also host to many festivals and free events. Exceptional schooling options all within close vicinity.
Upon entry, open plan living across Tasmanian Oak hardwood floors onto a sunny and private courtyard. A luxury size kitchen with broad bamboo benchtops, butler's pantry and soft close cabinetry features a stainless steel commercial grade freestanding oven with 5 burner stove along with designer tapware and extensive storage. Every space has been thoughtfully utilized. A 2nd living zone is also located downstairs - perfect as an un-interrupted, large work from home space or cinema room. The convenient downstairs powder room also provides functionality for daytime use and hosting guests. Double glazing throughout the lower level assisting in a comfortable and quiet environment to put your feet up.
Zoned peace and quiet upstairs with 3 generous bedrooms. A central bathroom with freestanding shower has a separate bathtub for young families. The main bedroom with separate ensuite also features a walk-in robe and balcony for an outdoor lounge - debrief the day whilst catching final summer sunsets before bed. 2 additional bedrooms also feature built-in robes. All bedrooms have privacy screen blinds allowing light through the daytime and providing additional climate control. Extra storage solutions throughout the home include cupboard space beneath the stairwell, linen press upstairs and additional cabinetry in the adjoining garage. The home also has a convenient ducted vacuum system.
Parking solutions include remote control single lock up garage and a space in front allowing 2 vehicles off street. 2 extra parking permits may be obtained via application to council.
Professionals, astute investors and young families who value central location will adore this immaculate home - Opportunity awaits.
Potential rental return $480 - $500 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
In order to protect the health and safety of all Gartland Property staff and clients, and In-line with current COVID-19 (Coronavirus) updates, you may be asked to adhere to current social distancing recommendations when inspecting this property.
Listing description written by Tom Luxton, Gartland Property — reproduced as published, not verified by Districts.