Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Waterways › Island Point Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
810 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Waterways (last 5 years) with land size have a median of $2,895/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
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 $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.
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
Waterways at a glance
2,443
People
$1,825,000
Median sale
$732/wk
Median rent
2.09%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaAmazing contemporary home nestled in the peaceful Waterways Estate boasting incredible size (810sqm) and location. A stunning family home where no luxury was spared - incredible modern living at its finest.
This is truly an immaculate double story, 4 bedroom home, impressively appointed with all of the most luxurious options available. All 4 bedrooms are located on the upper level, creating an idyllic, private oasis with spacious retreat area perfect for children and teenagers alike. Downstairs the luxuriously zoned areas combine formal and casual living in an open plan space- with the added bonus of an additional study/office located by the entrance.
From the sleek and contemporary kitchen with granite bench tops, clean lines and stainless steel appliances to the enviable theatre room, with movie screen to for the entire family to enjoy. Each aspect of this family home was designed to impress! Enormous main bathroom with double shower and sink facilities - no more queuing in the mornings?, spacious master bedroom with large private ensuite and WC. A lovely undercover alfresco entertaining area and a backyard big enough to kick the footy?
If it?s amazing location, larger than life size (810sqm) harmonious surrounds, walking and cycling paths, great cafes and schools you?re after ? then look no further. Enquire now.
Highlights include:
- 4 large bedrooms with BIR?s
- Large open plan living with formal and relaxed zoned spaces
- Stylish modern kitchen with granite bench tops, stainless steel appliances
- Luxurious home theatre room
- Double lock up garage with internal access, plus additional space for boat/caravan storage
- Undercover alfresco entertainment area
- Enormous bathroom with sumptuous double shower and basin facilities
- Ducted heating and refrigerative cooling throughout
- Fabulous location
- Huge block of land (810sqm)
Additional Info:
Age of property: 8 years approx
Land size: 810
Heating: Yes
Cooling: Yes refrigerated cooling
Alarm system: Yes
Chattels: All fittings and fixtures as inspected
Deposit terms: 10% of the purchase price
Preferred Settlement: 30/60 days
Potential Rental Return: $800 per week approx
What the vendors love about the house: Large family home on a great size block
Waterways 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: Nest Cafe, 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 Byron Elrod, Area Specialist Victoria — reproduced as published, not verified by Districts.