Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Banool St
4
Bedrooms
2
Bathrooms
6
Car spaces
528 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 Cheltenham (last 5 years) with land size have a median of $2,178/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 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 $655/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
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Nick Johnstone Real EstateHigh and handsome, this instantly appealing and amply accommodating light filled 4-bedroom, PLUS home office, elevated home puts a firm focus on family living in this convenient, community minded location. Beyond a high brick wall, a perfectly private sanctuary of mature, manicured gardens creates a lasting first impression. Step beyond the slate porch where the entry hall introduces a tiled interior that is both stylish and warmly welcoming. Downstairs is dedicated to relaxing and entertaining, with dual living zones, highlighting Tasmanian Oak hardwood floors, & delivering space to come together, or room to retreat. The comfortable and spacious open plan kitchen and family room, or front lounge & dining rooms that lead to an expansive, covered alfresco lounge and dining ideal for entertaining which can be enjoyed throughout all seasons. While downstairs also offers a powder room, laundry and home office, upstairs features four bedrooms (2 with BIRS) - the generous master suite with ensuite & BIRS and a sparkling central bathroom with huge spa bath with elevated views. Impressively appointed with double glazed tilt and turn windows, ducted heating, split system heating & cooling, Nectre wood heater, wool carpet, venetian blinds, sprinkler system and two way double lock up garage with room for off street parking for an additional 4 cars/caravan/boat or jet ski. An extraordinary setting, surrounded by 4 golf courses and parklands, this serene sanctuary is a just short stroll to The Parlor Milk Bar & Kitchen, zoned for Beaumaris North Primary School, Mentone Girls' Secondary College, and Beaumaris Secondary College, and in easy proximity to Seaview Village, The Concourse, bus services, Cheltenham Village and train station, and the beach.
At a glance…
· Large family home with generous proportions
· Private & manicured gardens behind a high brick fence
· Tasmanian Oak hardwood floors & wool carpets
· Nectre log fire
· 4 generously sized bedrooms PLUS home office (master with BIRS & ensuite)
· 2 bathrooms plus powder room
· Expansive wrap around kitchen with a full suite of stainless-steel appliances
· Multiple living zones
· Double glazed tilt and turn windows
· Alfresco entertaining rear deck and lush grassed rear and front yard
· Full size laundry
· Double lock up garage PLUS additional off-street parking for 4 cars, room for a caravan, boat
· In the zone for Beaumaris North Primary School, Mentone Girls' Secondary College, and Beaumaris Secondary College
Property Code: 2827
Listing description written by Sarah Korbel, Nick Johnstone Real Estate — reproduced as published, not verified by Districts.