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VIC › Dingley Village › Village Dr

62 Village Dr, Dingley Village VIC 3172

House

$870,000

Last sold

9 Aug 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

551 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 $870,000 (9 Aug 2024).(Recorded sale)
  • FactLand 551 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Dingley Village (last 5 years) with land size: median $1,895/m² of land (n=58). 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

$870,000

9 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Dingley Village (last 5 years) with land size have a median of $1,895/m² of land (n=58). Districts calculation from recorded sales — not a valuation.

Dingley Village at a glance

10,775

People

$1,182,500

Median sale

$646/wk

Median rent

2.84%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Dingley Village report →

Vs Dingley Village

-26.4%

Median sale

Suburb $1,182,500

+1.02 pp

Gross yield

Suburb 2.84%

Suburb median $1,182,500 from 20 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$870,0009 Aug 2024
  2. Listedprice unknowncompleted1 Aug 2024

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 $646/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

Dingley Village in one glance

Dingley Village at a glance

10,775

People

$1,182,500

Median sale

$646/wk

Median rent

2.84%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Dingley Village report →

Keep researching

  • Why Dingley Village? Read the area thesis →
  • What else is on the market in Dingley Village →
  • Other records on Village Dr →

Listing material

Listed by Coco Ma Real Estate

Well-presented family home with timber flooring, AC, natural light

Situated on a generous 551sqm block, 62 Village Drive offers a blend of comfort and convenience in a family-friendly location. This inviting single-storey brick veneer family home is within walking distance to Kingswood Primary School and in the catchment for Parkdale Secondary College. With easy access to the Mordialloc Freeway and Moorabbin Airport, commuting is a breeze. Avid golfers will appreciate the range of nearby courses, while Mordialloc Beach and the idyllic coastline are just a 10-minute drive away.

The home features pathways leading to the entry, moving past neat lawns and tidy gardens. A long concrete driveway leads to a lock-up garage, providing ample parking space. Added privacy is achieved with timber-capped front boundary fencing and LED sensor lighting. Large multi-pane windows invite natural light inside, enhancing the bright and airy atmosphere.

The child-friendly backyard offers plenty of grass space for outdoor activities in a quiet location. Additional features include a water storage tank, polished timber hardwood floors, air conditioning in the living space, plus a wall heater to attune to the climate in the living area. The open-plan layout includes roller blinds that provide shade and privacy when needed.

Read the full description

The open, sunny kitchen boasts abundant handleless mahogany laminate cabinetry, 40mm marble-look countertops and a three-seater breakfast nook. It is equipped with a 600mm freestanding oven, gas cooktop, and stainless steel dishwasher.

Accommodation includes three well-sized bedrooms with storage and continuation of timber flooring. The main bathroom is highly appointed with full-height marble-look tiles, a wide vanity unit, a tiled hob bathtub, a brass-framed shower and a mirrored cabinet.

Contact us today to arrange your exclusive inspection.

Property specifications:

• Spacious child-friendly backyard with plenty of grass space

• Sunny kitchen with quality finishes and appliances

• Three well-sized bedrooms with ample storage

• AC and wall heating

• Close to Costco and DFO shopping centre

• Close to Parkdale High School Zone and Haileybury Secondary College

• Illuminated by plenty of natural light

• Close proximity to schools, parks, shopping, public transport

For more Real Estate in Dingley Village, contact Coco Ma Real Estate TODAY!

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Coco Ma, Coco Ma Real Estate — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Toilets: 1
  • Water Tank

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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.