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VIC › Aspendale Gardens › Llewellyn Ave

5 Llewellyn Ave, Aspendale Gardens VIC 3195

House

$747,500

Last sold

22 Aug 2015

3

Bedrooms

2

Bathrooms

2

Car spaces

530 m²

Land

16 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $747,500 (22 Aug 2015).(Recorded sale)
  • CalculationLand 530 m² against a 16 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Aspendale Gardens (last 5 years) with land size: median $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$747,500

22 Aug 2015 · derived via latest_sale

Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.

Aspendale Gardens at a glance

6,547

People

$1,310,000

Median sale

$732/wk

Median rent

2.91%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale Gardens report →

Vs Aspendale Gardens

-42.9%

Median sale

Suburb $1,310,000

+2.18 pp

Gross yield

Suburb 2.91%

Suburb median $1,310,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$747,50022 Aug 2015
  2. Listedprice unknowncompleted25 July 2015

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 $732/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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

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

Aspendale Gardens in one glance

Aspendale Gardens at a glance

6,547

People

$1,310,000

Median sale

$732/wk

Median rent

2.91%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale Gardens report →

Keep researching

  • Why Aspendale Gardens? Read the area thesis →
  • What else is on the market in Aspendale Gardens →
  • Other records on Llewellyn Ave →

Listing material

Listed by Area Specialist Victoria

Under Contract

Featuring the best of modern-day coastal living, this sleek three bedroom, two bathroom family home located in popular Aspendale Gardens, incorporates a contemporary aesthetic, incredible light and a great open floor plan with square set ceiling. Designed and built to accommodate families with a taste for the finer things of life, it features a plethora of high quality fixtures and fittings ranging from the dimmers on all spot lights to stunning Merbau timber decking in the outdoor alfresco entertaining area onto the stylish chef?s kitchen boasting black granite benchtops (granite from South America waterfall), high gloss white cabinetry and stainless steel Fisher & Paykel appliances to the impressive log fire gas heater amongst so much more! All three bedrooms are spacious and light-filled, with the Master enjoys a luxurious private ensuite and huge walk-in-wardrobes. The elegant alfresco entertaining area and low maintenance rear yard is accessed by a wall of glass doors which creates true indoor/outdoor flow. Boasting a double garage/workshop, shed, indoor/outdoor heating and a highly desirable location close to excellent schools and lifestyle amenities - this is a truly great place to call home!

- Spacious open plan living, dining, kitchen & family lounge area

- Sophisticated chef?s kitchen boasting luxe black granite benchtops, stainless steel Fisher & Paykel appliances & high gloss cabinetry

Read the full description

- Three spacious bedrooms (Master with WIR & private ensuite), serviced by modern family bathroom & laundry facilities

- Striking gas log fire, split-system heating/cooling, bay windows & venetian blinds

- Stunning alfresco entertaining area featuring Merbau decking, outdoor heating strip & a low maintenance garden + double garage with workshop & shed

- Garage floor epoxy sealed (oil stains can be simply wiped off)

- Exposed aggregate driveway; seeded with blue & red Glass stones

Additional Info:

Age of property: 24 Years approx.

Land size: 530 approx.

House size: 16 approx.

Heating: Yes

Cooling: Yes

Council Rates: $1800 per annum approx.

Chattels: All fittings and fixtures as inspected

Deposit terms: 10% of the purchase price

Preferred Settlement: 90/120 days

Potential Rental Return: $480- $500per week approx

What the vendors love about the house: Perfect position and fully renovated, no worries just live!

Aspendale Gardens Amenities:

Nearest Primary School: Aspendale Gardens (Zoned), St Louis de Montfort?s Parish (Zoned), Edithvale, Chelsea Heights, Haileybury College and Lighthouse Christian College.

Nearest Secondary School: Parkdale (Zoned), St Bede?s College (Zoned), Mordialloc College, Haileybury College and Lighthouse Christian College.

Nearest Kindergartens: Aspendale Gardens, ABC Learning and Playmates Early Learning.

Nearest Transport: Edithvale and Aspendale Train Stations.

Bus routes: 708 Carrum - Hampton, 709 Mordialloc - Waterways via Governor Rd, 902 Chelsea ? Airport West (SMARTBUS Service).

Nearest Recreation: Edithvale Beach, Edithvale Wetlands, Mordialloc Creek Walking Trail plus numerous parklands and walking tracks.

Other Amenities: Aspendale Gardens Community Centre, Aspendale Gardens Shopping Centre (inc. Ritchies SUPA IGA Supermarket, Local Take Away, Bakery, Chemist, Gym, Newsagency, Bank and Fruit/Vegetable). Mitre10, Dentist, Physio, Chiropractor, Medical Centre, Veterinary Hospital, 7eleven, McDonald, KFC, Michelangelo, Chelsea Heights Hotel, Mornington Peninsula Freeway. Parkmore and Westfield Southland Shopping Centre.

Listing description written by Andy Choi, Area Specialist Victoria — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.