Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Oak Park › Jacaranda St
$1,302,500
Last sold
5 May 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
592 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
$1,302,500
5 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Oak Park (last 5 years) with land size have a median of $1,775/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Park
+15.2%
Median sale
Suburb $1,131,000
-0.33 pp
Gross yield
Suburb 2.49%
Suburb median $1,131,000 from 37 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 $542/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
UnknownArea
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Savoy Real EstateCLOSING DATE FOR OFFERS - THURSDAY 29TH APRIL AT 5PM
Surrounded by expertly landscaped gardens on a well proportioned high-side block, this immaculate home presents an environment of immediate comfort and floor plan versatility along with close proximity to the area's renowned lifestyle attractions.
Completely renovated and extended just 6 years ago, the extended floor plan comprises three main bedrooms, master ensuite and family bathroom, plus a light and airy open plan living area that provides an uninterrupted vista of the rear yard. The stunning modern kitchen offers stone bench tops, Smeg appliances, dishwasher and an open plan design that is both elegant and practical.
The bedrooms in this home are an absolute haven for parents and children alike, and retain their original period charm, with decorative ceilings and plenty of space to truly spread out and relax. The master bedroom features walk in robe and ensuite, and the remaining bedrooms have huge amounts of built in robe storage space.
The extensive renovation means that what is on offer here provides all the benefits of a new home, with the warmth and charm that only a character weatherboard can offer. The current owners have replaced all the wiring, plumbing, floorboards, weatherboards, the terracotta roof tiles, windows (double glazed), the insulation in the roof, walls, and underfloor and have installed solar, ducted heating and evaporative cooling throughout. IT’S LIKE A NEW HOME!
Other features of note include high ceilings, wide open hallway, views across the tress from the front of the home, instant hot water system, large laundry with plenty of cupboard storage, solar panels, double garage, outdoor entertaining area and more.
A mere 5 minute walk to Oak Park Primary School and Oak Park Kindergarten, ready access to local shops and cafes, acres of parkland and the Moonee Ponds Creek Trail, Oak Park Sports and Aquatic Centre, as well as local buses, Oak Park Station (8 min walk) and easy access to Citylink and Western Ring Road.
Inspect today, this will not last long in this fast moving market.
Listing description written by David Hooper, Savoy Real Estate — reproduced as published, not verified by Districts.
Victoria 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.