Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Parkdale › Cedric St

5B Cedric St, Parkdale VIC 3195

Townhouse

$1,700,000

Last sold

26 Oct 2025

4

Bedrooms

3

Bathrooms

1

Car spaces

330 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,700,000 (26 Oct 2025).(Recorded sale)
  • FactLand 330 m²; no building size recorded.(Property record)
  • CalculationRecorded Townhouse sales in Parkdale (last 5 years) with land size: median $4,877/m² of land (n=9). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,700,000

26 Oct 2025 · derived via latest_sale

Local land rate: recorded Townhouse sales in Parkdale (last 5 years) with land size have a median of $4,877/m² of land (n=9). Districts calculation from recorded sales — not a valuation.

Parkdale at a glance

12,762

People

$1,597,500

Median sale

$574/wk

Median rent

1.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkdale report →

Vs Parkdale

+6.4%

Median sale

Suburb $1,597,500

-0.11 pp

Gross yield

Suburb 1.87%

Suburb median $1,597,500 from 54 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$1,700,00026 Oct 2025
  2. Listedprice unknowncompleted22 Aug 2025

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 $574/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

Parkdale in one glance

Parkdale at a glance

12,762

People

$1,597,500

Median sale

$574/wk

Median rent

1.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkdale report →

Keep researching

  • Why Parkdale? Read the area thesis →
  • What else is on the market in Parkdale →
  • Other records on Cedric St →

Listing material

Listed by For Sale By Owner

Stunningly Designed, Meticulously Created Townhouse Of The Highest Quality and Style

Stunningly designed, meticulously created, fall in love with this stunning home that will immediately impress. Purchase off plan and add your personal touch or take comfort in the designer detail included. Locally renowned builder Specialized Builders & Design are behind this project which will be as successful as their last record breaking sale. The home offers a raft of high-end and thoughtful design decisions and finishes which you will fall in love with.

The oversized 4-bedroom townhouse opens to interiors that are filled with abundant natural light with multiple skylights. Among its standout features are the dedicated study, open plan living/dining zone with custom built-in cabinetry and a cosy fireplace. The hero of this incredible zone is the beautifully appointed kitchen with stone surfaces and premium dual oven and integrated dishwasher. The hidden laundry and large butler's pantry enables even the busiest cook to keep the main living zone clean and tidy. Including first-floor master suite (WIR/ensuite) with a second master downstairs, the home provides multiple living options for growing families. The remaining bedrooms boast built-in wardrobes, with a generous family bathroom and individual powder rooms available on each floor. Ducted heating and cooling is among the practicalities, whilst abundant storage, a mudroom-style cloak cupboard & bench seating, and laundry are all offered. Outside, avid entertainers will love the practical alfresco area and grassed area complete with retaining wall garden beds. Wrapping up a truly sophisticated home are easy-care native gardens, water tank, solar, wiring for batteries and EV charging along with an automatic garage with shopper's entry and storage. Located in the prized Parkdale secondary school zone, the home is within walking distance of trains, bus stops, fabulous cafes and the suburb's beautiful foreshore.

For more information about this showstopping home, please contact us for a private conversation about making this home yours.

Read the full description

The Phone Code for this property is: 93090. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 2
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.