Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Grovedale › Westminster St
$615,000
Last sold
8 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
585 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
$615,000
8 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Grovedale (last 5 years) with land size have a median of $1,150/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Grovedale
-14.3%
Median sale
Suburb $717,500
+0.63 pp
Gross yield
Suburb 3.76%
Suburb median $717,500 from 10 recorded sales (last 24 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 $519/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
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Hayeswinckle East GeelongPositioned within walking distance to schools, this cherished home is the perfect place to raise a family!
Entering the property market for the first time in 52 years, it’s clear to see that this home has been well-loved. North-eastern light sweeps through the peaceful living room, while a pendant light adds a stylish statement to the dining area. The kitchen will delight cooking enthusiasts with stone benchtops, a built-in pantry and quality appliances (induction cooktop, Bosch pyrolytic oven, Miele dishwasher). The covered alfresco area creates a tranquil setting, where you can for host casual gatherings with loved ones as the kids play in the secure backyard. You’ll love that the backyard creates your very own leafy oasis, home to mature Silver Birch trees and a veggie garden.
The morning school run will be a breeze, thanks to Mandama Primary School, Nazareth Catholic Primary School and Grovedale College within walking distance. Public transport and the local childcare centre are also a short stroll away, along with the Grovedale Community Hub and Grovedale Recreation Reserve. Local shopping precincts and the Waurn Ponds Shopping Centre are close by for all your shopping needs, while the Surf Coast Highway keeps you connected to the region’s finest beaches.
Additional features:
- Four bedrooms (one with walk-in robe, one with built-in robes)
- Bathroom and separate shower room feature heated towel rails
- Laundry and separate toilet complete the layout
- Ducted heating and a split-system air conditioner ensure comfort
- Solar panels promote eco-friendly living
- Long driveway and double garage provide ample off-street parking
- Backyard also features a garden shed and rainwater tanks
- Front gate creates a secure front yard for little ones
- Enjoy proximity to the Ring Road & Waurn Ponds Train Station
- Deakin University (Waurn Ponds) is within easy reach for uni students
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Yan Lin, Hayeswinckle East Geelong — reproduced as published, not verified by Districts.