Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Oak Park › Victoria St
$1,095,000
Last sold
3 Aug 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
612 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
$1,095,000
3 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Oak Park (last 5 years) with land size have a median of $1,760/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Park
-3.2%
Median sale
Suburb $1,131,000
+0.08 pp
Gross yield
Suburb 2.49%
Suburb median $1,131,000 from 37 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
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 $542/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
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupDiscover this updated gem at 61 Victoria Street, Oak Park. This stunning 3-bedroom, 2-bathroom home combines class and character with modern living. Enjoy the expansive open plan living area, complemented by a study nook with a built-in desk, perfect for remote work or study. A second living zone provides ample space for relaxation and entertainment. The enclosed indoor-outdoor space is a year-round haven, perfect for hosting gatherings or enjoying quiet moments. Situated on a generous 612m² allotment, this property offers plenty of room for future extensions or for creating a fun-filled backyard for both young and old. The gourmet kitchen, designed with the entertainer in mind, makes meal preparation a delight. This home is ideal for families seeking a harmonious blend of style and convenience, nestled in a sought-after location close to schools, shops, eateries, transport, and parklands. With a short commute to the CBD and Melbourne Airport, this property is the perfect choice for those wanting to enjoy the best of Melbourne living. Don't miss the opportunity to make this exceptional home your own.
Make your move today - Contact C+M Residential. 'Helping You Find Home'
THE UNDENIABLE:
• Brick & Rendered House
• Single Level, Updated 2000's
• Built-in 1960's approx.
• Land size of 612m2 approx.
• Building size of 22sq approx.
• Foundation: Stumps
THE FINER DETAILS:
• Kitchen with S/S 750mm appliances, gas stovetop, dishwasher, stone benchtops, island bench with waterfall edging & pendant lighting, cupboard space, finished with polished timber floors
• Sizeable open-plan meals & living zone with polished timber floors
• Retreat/2nd living area, study, home office or toy room for the kids
• Study nook, built-in study desk & storage
• 3-Bedrooms with robes & carpeted/polished timber floors, ensuite to master
• 2-Bathrooms with shower, shower over bathtub to main, vanity, toilet & floor to ceiling tiles
• Laundry with single trough & storage
• Ducted heating & cooling, split system, plus ceiling fans
• Additional features include day & night roller blinds, plantation shutters, pendant lighting, 5kw solar panel system, plus more
• Established gardens front & rear with trees, garden beds, lawns, shed, rainwater tank & kids play area
• Enclosed & decked indoor/outdoor area with folding French doors for all year entertaining
• Driveway for off street parking
• Potential Rental: $650 - $700 p/w approx.
THE AREA:
• Close to Pascoe Vale Rd, Winifred St, Snell Gr & Devon Rd shopping & cafe strips.
• Oak Park & Glenroy train station & bus hub
• Surrounded by parks, reserves & schools
• Only 11.5km from the CBD with easy City Link, Ring Road, & airport access
• Zoned Under the City of Merri-bek - Neighbourhood Residential Zone
THE CLINCHER:
• Single-level living with endless potential for future growth
• Seamless indoor-outdoor flow with a spacious yard for all ages
THE TERMS:
• Deposit of 10%
• Settlement of 60 days
Secure your INSPECTION Today by using our booking calendar via the REQUEST INSPECTION button...
*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.
Marwan Abdulwahed: 0420 647 396
Frank Antonello: 0414 567 768
Nicholas Alikakos: 0431 686 495
Listing description written by Marwan Abdulwahed, Eview Group — reproduced as published, not verified by Districts.