Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
VIC › Strathmore › Carnarvon Rd
$2,250,000
For sale
Asking
$2,200,000
Last sold
27 Apr 2021
0
Bedrooms
0
Bathrooms
0
Car spaces
1,200 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
$2,250,000
Asking · $1,875/m² of land
Last recorded sale $2,200,000 (27 Apr 2021).
Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Strathmore
+62.2%
Median sale
Suburb $1,387,500
-0.91 pp
Gross yield
Suburb 2.38%
Suburb median $1,387,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$133,564 on top of the price (5.9% 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.
Pre-filled with Strathmore'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 $635/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1.5%. 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
Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards EssendonAn outstanding opportunity to secure a substantial 1,203sqm (approx.) allotment with an impressive 16.8-metre (approx.) frontage in one of Strathmore's most tightly held and family-focused pockets.
Positioned in a peaceful, tree-lined street and already cleared, this exceptional parcel of land presents the perfect blank canvas to create a luxurious family residence or explore future development potential (STCA). With the site already cleared, purchasers will benefit from significant savings on demolition and site preparation costs, allowing them to commence their project sooner. Surrounded by established homes and quality new builds, it represents a rare opportunity to secure a blue-chip address with exceptional scope.
Ideally located within Melbourne's renowned education corridor, the property enjoys outstanding connectivity and lifestyle convenience. A bus stop is positioned directly out the front, providing direct access to Essendon North Shopping Village, nearby tram services, Strathmore Station, parklands and local shopping precincts. CityLink is also just moments away, ensuring effortless access to Melbourne's CBD, Melbourne Airport and beyond.
Adding further appeal, the vendor is offering flexible deposit and settlement arrangements, together with the opportunity for immediate access to the site prior to settlement, subject to mutually agreed terms, conditions and the necessary approvals. This unique flexibility allows purchasers to commence planning, design work, engineering and permit applications before settlement, helping save valuable time and accelerate the delivery of their project.
A rare offering combining a substantial 1,203sqm (approx.) landholding, an impressive 16.8-metre (approx.) frontage, premium positioning and exceptional flexibility-ready for you to bring your vision to life.
Sale Process & Communication Notice
The vendor may sell the property at any time, including prior to any advertised date, and reserves the right to vary the sale method or bring any advertised auction forward. Prospective purchasers must notify the selling agent in writing of their interest and intended participation to ensure they are kept informed of any changes to the sale process. Purchasers are responsible for ensuring their contact details remain current and that they remain contactable regarding this property, as the agent cannot guarantee delivery of updates where communication preferences have been restricted, or contact details are incorrect.
Listing description written by Bruce Warburton, Woodards Essendon — reproduced as published, not verified by Districts.