Floraville at a glance
1,845
People
$1,250,000
Median sale
$742/wk
Median rent
3.09%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
NSW › Floraville › Park Royal Dr
$1,260,000
Last sold
23 Sept 2021
5
Bedrooms
3
Bathrooms
2
Car spaces
702 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
$1,260,000
23 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Floraville (last 5 years) with land size have a median of $1,739/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Floraville at a glance
1,845
People
$1,250,000
Median sale
$742/wk
Median rent
3.09%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Floraville
+0.8%
Median sale
Suburb $1,250,000
-0.03 pp
Gross yield
Suburb 3.09%
Suburb median $1,250,000 from 9 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $742/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Floraville at a glance
1,845
People
$1,250,000
Median sale
$742/wk
Median rent
3.09%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Lisa Macklin PropertyOn a prized corner block in a blue-chip pocket of Floraville and located between world-class beaches and the lakes lapping shore, this quality home will take your breath away from the moment you step through the front door. Palatial in size with elegance and contemporary comfort prevailing throughout, interiors spill over two substantial levels and flow out to an all-seasons alfresco escape and level lawns, all framed by a stunning native reserve backdrop. With five bedrooms, a home office and a sequence of living zones to relax and entertain, every inch of its flexible floorplan is designed to maximise family comfort.
* Huge internal proportions and surrounded by high-quality family homes
* Open lounge, living, dining and sitting rooms designed for family practicality
* Glossy Caesarstone island kitchen featuring premium stainless steel appliances
* Four top-floor bedrooms, master with private ensuite, balcony and walk-in robe
* Fifth bedroom downstairs with bathroom connection, ideal for aging parents/teens
* Reverse-cycle ducted air-conditioning, heated towel rails in all three bathroom
* Great storage throughout plus a powered outdoor shed for the handyman
* Lock-up double garage plus yard access to park a caravan AND a boat
* 6.6kw solar system installed in 2020, security system for peace of mind
* Great yard for kids to play; leafy location on a quiet no-through road
* Walk to well-regarded Floraville Public and Belmont High Schools
* Minutes from a major shopping precinct, a hospital and dining option
Council Rates: $2,070 Approx PA
Water Rates: $736 Approx PA
Rental Potential: $800 -$850 per week
COVID-19 UPDATE FOR INSPECTIONS
Due to the recent lock down we have had to change the way we do inspections. We are allowed to legally do 1 on 1 inspections with clients, however to limit the unnecessary inspections & to follow our covid safe guidelines we ask you meet the following criteria:
- Not travelling from any current hot spots.
- Are a genuine buyer with pre-approval of finance or an application pending
- Are ready to purchase the property without needing to sell a property first.
- Have checked the estimated price guide and have that budget to spend
If you meet this criteria above and wish to view please contact us to arrange a suitable day and time for you.
We apologise for any inconvenience however our priority is to ensure the Health and Safety of our Staff & the Community
Listing description written by Lisa Macklin, Lisa Macklin Property — reproduced as published, not verified by Districts.
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