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VIC › Drysdale › Serene Tce

46 Serene Tce, Drysdale VIC 3222

For saleLand for Sale

$450,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

375 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $450,000(Listing record · 26 May 2024)
  • FactLand 375 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% below the Drysdale median recorded sale ($742,500, n=20, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Drysdale's advertised median rent ($528/wk), implied gross yield would be 6.10% — 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

$450,000

Asking · $1,200/m² of land

No recorded sale for this property.

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Vs Drysdale

-39.4%

Median sale

Suburb $742,500

+2.40 pp

Gross yield

Suburb 3.70%

Suburb median $742,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$450,000
Stamp Duty (Victoria)
$22,070
Transfer/Registration Fee
$1,157
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
$476,927

$26,927 on top of the price (6.0% 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 Drysdale's advertised median rent — not a rent for this listing.

Net yield
4.60%
Annual cashflow (pre-tax)
$-2,694
Interest cover (DSCR)
0.88
Annual rent
$27,456
Operating expenses
$6,750
Loan amount
$360,000
Annual interest
$23,400
Gross yield
6.10%

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$450,000available26 May 2024

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 $528/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 6.1%. 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

Drysdale in one glance

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Keep researching

  • Why Drysdale? Read the area thesis →
  • What else is on the market in Drysdale →
  • Other records on Serene Tce →

Listing material

Listed by Buy My Place

🏡 Ready to Build Your Dream Home in Drysdale, Victoria? 🏡

Phone Enquiry ID: 227982

Do you dream of building your perfect home in a vibrant community? Are you looking for a prime piece of land that's ready for construction? Can you envision living steps away from cafes, shops, and stunning coastal beaches? Great, read on...

Discover Your Perfect Oasis in the Heart of Drysdale!

Read the full description

Imagine waking up each morning in your dream home, nestled in the beautiful community of Drysdale. We are offering a prime 375m² block of land, with dimensions of 12.5m x 30m, that's fully titled and ready for you to start building.

Location, Location, Location!

This land is perfectly situated just steps away from everything you need. Coles and Aldi are just next door, making grocery runs a breeze. You can enjoy the convenience of city living with the tranquility of the country.

Unbeatable Amenities:

🛒 Shop at Coles and Aldi right next door

🏡 Join a vibrant community of modern homes

🌞 Benefit from a northerly aspect for great natural light and energy efficiency

🌿 Enjoy serene country living with all the conveniences of the city

Experience the Best of Drysdale:

Drysdale isn't just a place to live—it's a place to thrive. Picture yourself enjoying local wineries, sipping coffee at cozy cafes, and exploring nearby coastal beaches. The community here is warm and welcoming, with excellent schools just a bike ride away.

Top-Notch Education:

Drysdale Primary School

Bellarine Secondary College

St. Ignatius College Geelong

Local Conveniences:

🛍️ Explore local shops and boutiques

🍽️ Dine at gourmet restaurants and cafes

🚴‍♂️ Bike-friendly routes to schools and parks

🏞️ Beautiful parks and recreational areas for family outings

Easy Access and Transportation:

⛴️ Quick access to the Portarlington Ferry

🚗 A short drive to Geelong CBD

🚌 Excellent public transport links

Coastal Adventures Await:

🏖️ Enjoy stunning beaches just minutes away

🚶‍♂️ Explore scenic walking trails

🌊 Engage in boating and fishing adventures

Secure Your Future Today!

Don't miss out on this rare opportunity to build your dream home at 46 Serene Terrace, Drysdale VIC. This land is ready and waiting for you to create your perfect haven. Reach out to us today and take the first step towards your new life in Drysdale.

Your dream home starts here, where convenience meets country charm. 🌄

Disclaimer:

All images used in this advertisement are for illustrative purposes only. Prospective purchasers should make their own inquiries and obtain independent advice before making any decisions regarding the purchase of the property. No guarantees are made or implied about the accuracy of the information provided, which may be subject to individual interpretation and preference. All details are provided in good faith, but no warranty is given as to their accuracy. The vendor and agent disclaim all liability for any loss or damage arising from reliance on the information provided in this advertisement.

Listing description written by buyMyplace, Buy My Place — 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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