Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Doveton › Chestnut Rd

59 Chestnut Rd, Doveton VIC 3177

For saleHouse for Sale

$598,000–$657,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $598,000–$657,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $598,000–$657,000(Listing record · 14 July 2026)
  • CalculationAsk is 9% below the Doveton median recorded sale ($655,000, n=104, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Doveton's advertised median rent ($491/wk), implied gross yield would be 4.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$598,000–$657,000

Asking range

No recorded sale for this property.

Doveton at a glance

10,361

People

$655,000

Median sale

$491/wk

Median rent

3.90%

Suburb gross yield

Median sale from 104 recorded sales (last 12 months) — a Districts calculation.

See the full Doveton report →

Vs Doveton

-8.7%

Median sale

Suburb $655,000

+0.37 pp

Gross yield

Suburb 3.90%

Suburb median $655,000 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$598,000
Stamp Duty (Victoria)
$30,950
Transfer/Registration Fee
$1,504
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$634,154

$36,154 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Doveton's advertised median rent — not a rent for this listing.

Net yield
2.77%
Annual cashflow (pre-tax)
$-14,534
Interest cover (DSCR)
0.53
Annual rent
$25,532
Operating expenses
$8,970
Loan amount
$478,400
Annual interest
$31,096
Gross yield
4.27%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$598,000–$657,000available14 July 2026

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 $491/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

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Doveton in one glance

Doveton at a glance

10,361

People

$655,000

Median sale

$491/wk

Median rent

3.90%

Suburb gross yield

Median sale from 104 recorded sales (last 12 months) — a Districts calculation.

See the full Doveton report →

Keep researching

  • Why Doveton? Read the area thesis →
  • What else is on the market in Doveton →
  • Other records on Chestnut Rd →

Listing material

Listed by hockingstuart Dandenong

A smart investment with room to grow

Whether you're looking for your first home, an investment, or a property with future potential, this well-located home is one you won't want to miss.

Set on a generous 590m² (approx.) rectangular block, this property offers exciting potential to subdivide (STCA), making it an excellent opportunity for buyers looking to add value.

Inside, you'll find 3 comfortable bedrooms, 2 with built-in robes, along with polished hardwood floorboards that add warmth and character throughout. The spacious living room is a great place to relax, featuring gas heating and beautiful timber floors. The timber kitchen is practical and well-equipped with a gas stove and grill, while the central bathroom and separate toilet provide added convenience for families. Adding further peace of mind, the home also features a renovated roof.

Read the full description

Outside, you'll find a single garage, plenty of off-street parking and a generous backyard with space for children, pets or future possibilities.

Perfectly positioned for families and commuters alike, the home is within walking distance of Doveton College, Ilim College, Holy Family Primary School and Doveton Primary School. Local shops at Linden Place and Autumn Place, parks, playgrounds, Myuna Farm and regular bus services are all just a short stroll away, making everyday living easy.

Only minutes from the Dandenong shopping precinct, you'll enjoy easy access to the renowned Dandenong Market, a fantastic range of multicultural restaurants and cafés, Dandenong Hospital, Dandenong train station and all the major shopping and lifestyle amenities the area has to offer.

Offering comfortable living today with exciting possibilities for tomorrow, this is a property that deserves your inspection.

Disclaimer:

We have taken every reasonable effort to ensure the accuracy of the information provided in this advertisement. However, we cannot guarantee its correctness and accept no responsibility for any errors or omissions. Interested parties should make their own enquiries and conduct their own due diligence to verify the information contained herein.

Listing description written by Linda Hendrie, hockingstuart Dandenong — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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