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
$965,000
Last sold
3 Dec 2024
3
Bedrooms
1
Bathrooms
6
Car spaces
578 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
$965,000
3 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Oak Park (last 5 years) with land size have a median of $1,789/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
-14.7%
Median sale
Suburb $1,131,000
+0.43 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 GroupUnleash your creativity at 81 Victoria Street, Oak Park! This classic family home sits on a generous 578m² (approx.) block. Already updated in the early 2000's, it offers endless possibilities. With a flexible floorplan, whether you choose to enjoy as is, consider further improvement to style to your own desired, or exploring development opportunities (STCA), this property is yours to dream. Located in a central Oak Park locale, you'll have easy access to schools like Penola Catholic College and Oak Park Primary School nearby, along with parklands and the Moonee Ponds Creek Trail for outdoor adventures. Dive into fitness at the Oak Park Sports & Aquatic Centre and enjoy the local shops and cafés along Pascoe Vale Road and Winifred Street. With excellent transport options, commuting to Melbourne's CBD and the airport is a breeze. Don't miss this chance to create something extraordinary in a vibrant and convenient neighbourhood.
Make your move today - Contact C+M Residential. 'Helping You Find Home'
THE UNDENIABLE:
• Weatherboard House
• Single Level Home
• Built-in 1960s approx.
• Updated 2000s
• Land size of 578m2 approx.
• Building size of 19sq approx.
• Foundation: Stumps
THE FINER DETAILS:
• Kitchen with gas appliances, double S/S kitchen sink, ample benchtops & cupboard space, tiled splashback, finished with tiled flooring
• Sizeable meals area with tiled flooring & separate living zone with carpeted flooring
• Massive Rear Rumpus Room/Bar or Man-Cave with carpeted flooring
• 3-Bedrooms with carpeted flooring, 2 with robes
• 1-Bathroom with shower, bathtub, single vanity, separate toilet & tiled flooring
• Large laundry with single trough & storage cupboard
• Additional features include awnings, window blinds, ample storage spaces, plus more
• Established gardens with a large rear yard, covered areas, trees including fruit trees, garden beds & lawns
• Tandem remote garage, plus driveway for additional parking
• Potential Rental: $550 - $600 p/w approx.
THE AREA:
• Close to Pascoe Vale Rd, Snell Gr, Devon Rd & Pascoe St 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:
• A rare opportunity to develop a prime Oak Park property with endless potential
• LOCATION - LOCATION - LOCATION !
THE TERMS:
• Deposit of 10%
• Settlement of 30/45/60 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.
Claudio Cuomo: 0419 315 396
Listing description written by Claudio Cuomo, Eview Group — reproduced as published, not verified by Districts.
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