Glandore at a glance
3,027
People
$1,125,000
Median sale
$577/wk
Median rent
2.67%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$725,000
Last sold
13 Feb 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
900 m²
Land
139 m²
Building
Districts View
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
$725,000
13 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Glandore (last 5 years) with land size have a median of $1,693/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Glandore at a glance
3,027
People
$1,125,000
Median sale
$577/wk
Median rent
2.67%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Glandore
-35.6%
Median sale
Suburb $1,125,000
+1.47 pp
Gross yield
Suburb 2.67%
Suburb median $1,125,000 from 15 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $577/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
Glandore at a glance
3,027
People
$1,125,000
Median sale
$577/wk
Median rent
2.67%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by REAL Agents & AuctioneersWhether you a looking to nest or invest, live in or rent out or seek to optimise the high profile location for your business this residence is resplendent in possibilities aplenty!
Set in a high profile location near the South Road intersection, this home has been a reference point for locals for generations.
With character and style to make you smile this bungalow benefits from retaining many of its original features making it an inspiration for enthusiasts of older homes and a wonderful blank canvas from which to explore your ideas.
Additional parking is afforded, given the busy nature of this home's disposition, so making entry and egress a breeze whilst drive through access to extensive garaging via the driveway that extends across the entire Easter elevation provides even more off street parking opportunities.
(STCC) This property provides an excellent opportunity for entrepreneurs to work from home with a floorplan that encourages the flexible use of rooms. Professionals like accountants and real estate agents will value the flexibility of this offering whilst tradies will rejoice in the garaging, parking and storage that is available.
This home has been well loved for many years but the time has come to pass on the baton as our vendors plan to enjoy the autumn of their years without having to maintain such a substantial property.
With 4 generous bedrooms and 2 bathrooms, this floorplan benefits from a lean that delivers the extra bedroom the modern family needs and the extra bathroom every family wants making this home able to adjust to the ever changing needs of the modern family.
Ripe for renovation and refurbishment, the vendors acknowledge that it's time for some younger energy to make the most of this gorgeous home's enormous potential whilst offering an opportunity for an incoming purchaser to optimise the value in the years to come.
Beautifully established gardens adorned with seasonal colour and ever green plantings greet you from the back door immediately soothing the soul and easing the mind.
The pergola offers the ideal space to relax and enjoy a glass of favourite at the end of the day, this is an enchanting area that helps you feel a million miles away from the hustle and bustle.
At the end of the path the pool awaits so summer fun for everyone will be the theme of your warmer months. There is some work to do to bring it back to full operation but that work will be rewarded by an area you will want to share with those you love the most.
The garaging is extensive with ample power switches, lights and internal rooms to make any tradie excited! As will there 3 Phase power is available to the dwelling and garage. Ideal for those seeking to indulge their passion or work from home this shed has the proportions and features to make any man very happy!
Regardless of the time of year you will be nicely ensconced in the comfort of your own home with diced reverse cycle air conditioning piped through out the home and controlled over 6 zones.
Additional shedding is available to hide away bits and pieces neatly and without criticism from the fairer sex ensuring the yard is clean and tidy all year and an oasis the whole family can enjoy.
Ready to move into and enjoy from day one and yet with potential to renovate and refurbish to taste, this property is full of potential and offers opportunities that seldom become available to market.
A high profile location, a character home, a big block, a swimming pool and a garage that is to die for all awaiting you!
**The vendor statement along with all searches pertaining to the property will be on display at our office for 3 days consecutive days prior to auction and at the site of auction for 30 minutes before the auction**
**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.
CT: 5449/36
Land Size: 900m²
House Size: 139m²
Year Built: 1921
Zone: Established Neighbourhood
Council: Marion
RLA 232366
Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.