Airport West at a glance
8,803
People
$950,000
Median sale
$566/wk
Median rent
3.10%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
VIC › Airport West › Elstone Ave
$1,250,000–$1,350,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
348 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
Asking
$1,250,000–$1,350,000
Asking range · $3,592/m² of land
No recorded sale for this property.
Airport West at a glance
8,803
People
$950,000
Median sale
$566/wk
Median rent
3.10%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs Airport West
+31.6%
Median sale
Suburb $950,000
-0.75 pp
Gross yield
Suburb 3.10%
Suburb median $950,000 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$75,479 on top of the price (6.0% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Airport West's advertised median rent — not a rent for this listing.
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.
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 $566/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.
Gross yield if leased at the suburb aggregate is 2.4%. 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
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
Airport West at a glance
8,803
People
$950,000
Median sale
$566/wk
Median rent
3.10%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by AMS Real EstateEOI CLOSING TUESDAY 1ST SEPTEMBER @ 5PM
Owning an address in one of Airport West's most sought-after locations, this brand-new showstopper from industry leaders Code Black surpasses all standards, pushes design boundaries, uses the finest materials, and redefines what luxury can look like.
Behind its sculptured façade lies a beautifully crafted floorplan offering four spacious bedrooms & home office which creates an exceptional combination never seen before in a single level residence.
The home's architectural presence is immediately apparent, with soaring raked ceilings and expansive double-glazed windows creating a light-filled and spacious interior. Engineered floorboards provide warmth and continuity throughout the living spaces, complemented by a refined neutral palette and carefully selected finishes.
At the heart of the home, the designer Polytec kitchen makes an impressive statement, combining sleek cabinetry with integrated appliances and beautiful stone surfaces. The open-plan kitchen, dining and living zones flow seamlessly together, creating an inviting environment for both everyday living and entertaining.
The bathrooms continue the home's luxurious aesthetic, finished with stunning Italian porcelain tiles, contemporary fixtures and elegant detailing.
Designed with indoor-outdoor entertaining in mind, the living area extends effortlessly to a beautifully finished alfresco featuring crazy paving and a custom-built BBQ area - the perfect setting for relaxed gatherings with family and friends.
Quality and attention to detail extend throughout the entire residence, with Austral Dream Stone, ducted heating and cooling, alarm and intercom system, striking standing-seam tilt doors and an epoxy-finished garage floor adding to the home's impressive list of inclusions.
Premium features include:
• Designer Polytec kitchen
• Integrated appliances
• Engineered floorboards
• Ducted heating and cooling
• Italian porcelain tiles
• Soaring raked ceilings
• Double-glazed windows
• Austral Dream Stone throughout
• Crazy-paved alfresco entertaining area
• Custom-built BBQ area
• Alarm and intercom system
• Standing-seam tilt doors
• Epoxy garage flooring
• Exceptional natural light and contemporary architectural detailing
Positioned in a highly sought-after Airport West location, the home enjoys convenient access to Westfield Airport West, Keilor Road shopping and dining, Essendon Fields and DFO, along with local schools, parks and public transport. Easy access to the Tullamarine Freeway also places Melbourne's CBD and Melbourne Airport within convenient reach.
Sophisticated, stylish and finished without compromise, 62A Elstone Avenue represents a standout opportunity for buyers seeking contemporary luxury in the heart of Airport West.
Listing description written by Anthony Alagona, AMS Real Estate — reproduced as published, not verified by Districts.
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