Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
$1,047,000
Last sold
11 Nov 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
20,234.282 m²
Land
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
$1,047,000
11 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Gembrook (last 5 years) with land size have a median of $355/m² of land (n=123). Districts calculation from recorded sales — not a valuation.
Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Gembrook
+12.6%
Median sale
Suburb $930,000
-0.36 pp
Gross yield
Suburb 3.23%
Suburb median $930,000 from 33 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 $578/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
Gembrook at a glance
2,662
People
$930,000
Median sale
$578/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate RangesSet amongst the rolling hills surrounding sunny Gembrook, this character home Circa 1940 started its life in leafy Balwyn and in 2011 was relocated to its present location. It now resides in a commanding position to take full advantage of the spectacular views and ever-changing landscape.
Featuring 3 bedrooms plus a study, a contemporary ensuite and a family bathroom with claw foot tub, a lovely formal lounge/dining room that pays homage to the 1940’s with ornate cornice and ceiling roses.
In some countries the next room is called ‘The Great Room’, and that is exactly what it is. Truly breath-taking, walls of vaulted glass bring the outside to your chair side, see the seasons change, the colours, the clouds, the sun, the rain, nature in its purest form for your enjoyment every day.
You're sure to find the near new kitchen a delight to prepare meals in, careful consideration has been taken in the design to offer the avid home chef, excellent appliances, prep areas, storage all at your fingertips.
This zone moves effortlessly from indoors to out onto a spacious deck and a walk way to a relaxing spa.
Imagine actually living here, children are in bed, it’s a balmy summers night, a nice glass of wine and a relaxing spa under the stars.
Why not? You know you deserve it.
The property boasts some wonderful outdoor additions:
Caravan/boat shelter (or hay shed)
Garage 14mx9m,
Equipment, garden and wood sheds.
Water tanks 2 x 30,000 lts 2 x 25,000 lts.
Inbuilt BBQ with new BBQ
Security cameras x 4
Carport
The land holding of 5 acres has plenty of room for a pony and the current owners had advice from Gardens for Wildlife to design a garden to welcome and support birdlife and native animals.
In addition, this home boasts energy efficiency features including:
Double glazed windows
3klw solar system
Solar supported gas hot water system
Two phase power
Please call Mick Dolphin 0429 684 522 or Emily Hudson 0418 570 474 to arrange a private inspection of this property.
You’ll be glad that you did, you'll always wonder if you don't.
Currently able to be viewed By Private Appointment, please click the below link to arrange a suitable time.
https://calendly.com/mickdrfn/480-ure-road-gembrook-inspection?month=2020-10
If no times are showing as available for inspection please submit an enquiry and be patient for a reply from the listing agent. This property has experienced a huge amount of interest and bookings limited. Thank you
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.
Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.