Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 202 recorded sales (last 12 months) — a Districts calculation.
NSW › Marsden Park › Penrose St
$1,230,000
Last sold
14 Aug 2026
4
Bedrooms
2
Bathrooms
1
Car spaces
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
$1,230,000
14 Aug 2026 · derived via latest_sale
Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 202 recorded sales (last 12 months) — a Districts calculation.
Vs Marsden Park
-1.6%
Median sale
Suburb $1,250,000
+0.06 pp
Gross yield
Suburb 3.51%
Suburb median $1,250,000 from 202 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $844/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 202 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Blossom Properties Marsden ParkGarry Thandi, owner and principal of Blossom Properties, proudly presents one of the most impressive family homes to hit the market in the heart of Elara — and trust us, this one is something special.
Set on an architecturally designed and custom-built floorplan of approximately 30–31 squares, 6 Penrose Street has been crafted with a level of thought, quality, and finish that you simply don't find at this price point. From the moment you step through the door, you know this home is different. Commercial-grade double-glazed windows, high-end fixtures, and bespoke finishes at every turn — this is a home built without compromise.
The ground floor is made for living and entertaining in equal measure. A dedicated media room — complete with fully built-in speakers and projector — sets the tone from the start. From there, the home opens into a breathtaking open-plan living and dining space anchored by a stunning fireplace and a fully built-in bar. It's the kind of space that makes you want to pour a drink, put some music on, and never leave. And when you're ready to take the party outside, the home flows seamlessly to a covered alfresco with a full outdoor kitchen and beautifully decked backyard — perfect for entertaining all year round.
Head upstairs and the home continues to impress. A generous rumpus retreat gives the family their own space to unwind, while the master suite is nothing short of a private sanctuary — oversized, beautifully appointed, and complete with its own balcony where you can start and end every day in style. The ensuite is equally impressive. The remaining three bedrooms are all well-proportioned and serviced by a luxuriously upgraded bathroom finished in full floor-to-ceiling tiles — the kind of finish you'd expect in a luxury hotel, not a family home.
And when it comes to location? You're sitting right in the heart of Elara, walking distance to Coles, local shops, and everything this thriving community has to offer.
||Property Featuring||
-4 Bedrooms | 2.5 Bathrooms | 1 Car Garage | Media
-31 square approx. built
-40mm Kitchen Stone Bench-top
-Smeg appliances
-External exhaust
-Multiple living areas
-Bulkheads
-Spacious rumpus room
-Impressive & stylish outdoor kitchen in alfresco
-High Ceilings on both floors
-Fire place
-An expansive two-story layout with not a space wasted
-4 Generous-sized bedrooms with built-in robes & walk-in robe
-A stunning master en-suite with a balcony
-Media room
-2 Modern full designer bathrooms fully upgraded with tiled from floor to ceiling
-Semi-frame less shower screen
-Heated lights for all bathrooms & mirror
-Powder room downstairs
-Gourmet Kitchen with sparkling integrated European appliances
-Soft-close drawers
-Incredible Storage throughout.
-Designer tap ware
-Internal spacious laundry
-Blinds throughout
-600*1200 tiles on ground floor
-Solar
-Cameras, intercom & many more
For More Information or private inspection anytime
Garry Thandi 0432 931 464
Blossom Properties ONLINE enquiry policy - All ONLINE enquiries received from this website require BOTH a daytime phone number and email address.
Disclaimer: Blossom properties, its director, employees, and related entities believe that the information contained here is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended, or implied. Any interested parties should rely on their inquiries & due diligence.
Listing description written by Garry Thandi, Blossom Properties Marsden Park — reproduced as published, not verified by Districts.