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VIC › Aspendale › Park Rd

6 Park Rd, Aspendale VIC 3195

For saleHouse for Sale

$4,500,000–$4,900,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

2

Car spaces

356 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,500,000–$4,900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,500,000–$4,900,000(Listing record · 6 Aug 2026)
  • FactLand 356 m²; no building size recorded.(Property record)
  • CalculationAsk is 213% above the Aspendale median recorded sale ($1,437,500, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Aspendale's advertised median rent ($632/wk), implied gross yield would be 0.73% — 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

$4,500,000–$4,900,000

Asking range · $12,640/m² of land

No recorded sale for this property.

Aspendale at a glance

7,549

People

$1,437,500

Median sale

$632/wk

Median rent

2.29%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale report →

Vs Aspendale

+213.0%

Median sale

Suburb $1,437,500

-1.56 pp

Gross yield

Suburb 2.29%

Suburb median $1,437,500 from 39 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
$4,500,000
Stamp Duty (Victoria)
$272,500
Transfer/Registration Fee
$3,614
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
$4,779,814

$279,814 on top of the price (6.2% 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 Aspendale's advertised median rent — not a rent for this listing.

Net yield
-0.77%
Annual cashflow (pre-tax)
$-268,636
Interest cover (DSCR)
-0.15
Annual rent
$32,864
Operating expenses
$67,500
Loan amount
$3,600,000
Annual interest
$234,000
Gross yield
0.73%

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$4,500,000–$4,900,000available6 Aug 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 $632/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 0.7%. 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

Aspendale in one glance

Aspendale at a glance

7,549

People

$1,437,500

Median sale

$632/wk

Median rent

2.29%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Aspendale report →

Keep researching

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

Listing material

Listed by LE & CO ESTATE AGENTS

Beachfront Brilliance – Luxury Family Living with Panoramic Bay Views

Perfectly positioned in a tightly held beachside enclave, this architect-designed four-bedroom + study (or fifth bedroom) residence delivers the ultimate in luxury, lifestyle, and location. Set over three meticulously zoned levels and boasting absolute beachfront access, this home is a rare coastal treasure.

Property Highlights

Ground Floor:

Read the full description

• Versatile guest bedroom or large home office (6.8 x 3.8m) with adjoining bathroom.

• Stylish open-plan kitchen with stone benchtops, large pantry, and quality appliances.

• Generous dining and living zones opening to a private deck and manicured backyard.

• Full-sized laundry and ample storage throughout.

• Triple-car auto garage with internal access.

First Floor:

• Two generous bedrooms with built-in robes.

• Central bathroom and additional powder room.

• Flexible sitting/lounge retreat-ideal for kids or guests.

Top Floor (Parent's Sanctuary):

• Expansive master suite (4.2 x 5.1m) with walk-in robe and luxe spa ensuite.

• Private lounge with wet bar opening to a large balcony-perfect for sunsets and sea breezes.

• Separate study/lounge or 5th bedroom.

Outdoor & Lifestyle Features

Professionally landscaped rear garden with built-in daybed, ideal for entertaining or relaxing:

• Direct access from your back gate to the sand dunes and Aspendale's pristine beach.

• Quiet cul-de-sac with secure gated entry, just minutes from shops, cafés, schools and the train.

Comfort Meets Technology

• Zoned ducted heating & cooling throughout

• Plantation shutters, solar panels, ducted vacuum, and alarm pre-wiring

• Designer lighting and contemporary finishes including marble, bamboo flooring, and black tapware.

Location Perks

• Walk to Aspendale Village, Station, and Rossdale Golf Club

• Zoned for Aspendale Primary School & close to leading private schools

• Just 30 minutes to Melbourne CBD via the Frankston line.

Properties like this are rarely listed. Seize this opportunity to own a beachfront property that blends timeless design, modern luxury, and an unbeatable bayside lifestyle.

Currently tenanted – periodic $6,518 pcm

Strictly by appointment only.

📞 Contact us today:

Phuc Le 0422 765 899

Duncan Le 0423 737 561

* Photographs may incorporate virtual staging to illustrate the property. All structures remain unaltered.

Disclaimer: All information about the property has been provided to Le & Co Estate Agents by third parties. Le & Co Estate Agents has not

Listing description written by Phuc Le, LE & CO ESTATE AGENTS — reproduced as published, not verified by Districts.

Property features

  • Study
  • Toilets: 3
Districts

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

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