Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Gowanbrae › Marigold Cres
$1,250,000–$1,350,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
462 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 · $2,706/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Gowanbrae (last 5 years) with land size have a median of $2,444/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Gowanbrae
+15.2%
Median sale
Suburb $1,085,000
-0.37 pp
Gross yield
Suburb 2.75%
Suburb median $1,085,000 from 6 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 Gowanbrae'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 $573/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
Gowanbrae at a glance
3,055
People
$1,085,000
Median sale
$573/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Luxe Properties MelbourneA Home in Full Bloom
There's a certain warmth to a home that's been genuinely cared for where a family has lived well, maintained proudly, and invested in the spaces that matter most. That's the feeling that greets you at 83 Marigold Crescent: a solid, well-kept family home crowned by fully renovated kitchen that lifts the entire house.
Step past the covered porch entry, protected by security shutters and the home unfolds the way a well-planned layout should. Two separate living areas give it a rare kind of flexibility a formal lounge offering a quiet retreat away from the everyday, and an open-plan living and meals zone that becomes the natural gathering point. It's where mornings start, homework gets done, and evenings wind down together. A layout that understands how families actually live.
At the heart of it all sits the home's showpiece: a completely renovated kitchen, finished to a standard you'd expect in a brand-new build. Sleek two-pack cabinetry, a porcelain benchtop, a Miele dishwasher, a six-burner Smeg gas cooktop with oven and grill, and a full-height rangehood - this is a kitchen built for people who genuinely cook, entertain and gather, not one designed purely for photographs.
The bedroom wing offers four well-positioned bedrooms that balance family connection with everyday privacy, led by a master suite with its own ensuite and a walk-in robe that provides real, usable storage. Two bathrooms service the home with ease, keeping pace with busy mornings and relaxed evenings alike.
Outside, the covered alfresco earns its keep in whichever way life demands - an entertaining space for weekend gatherings, a home gym with its own reverse-cycle unit for early mornings, or simply a sheltered spot to unwind with a coffee. Twenty-four solar panels, ducted heating, evaporative cooling and a brand-new heat pump hot water system keep the home comfortable and efficient through every Melbourne season, while the garage the double internal and rear access plus two additional car spaces offers the kind of practical provision that's genuinely hard to find.
And then there's the location, quietly doing as much work as the home itself. Minutes from Essendon Fields, LaManna Supermarket, Melbourne Airport and Airport West Shopping Centre, with fast access to the main freeway entrances, 83 Marigold Crescent removes the friction from everyday life all while keeping the established, peaceful feel that makes Gowanbrae such a sought-after pocket of Melbourne's north.
For families seeking a well-loved home with its most important room already done to perfection in a location built for convenience this is a home ready for its next chapter.
Property Features:
- 4 bedrooms, master with ensuite and walk-in robe
- 2 bathrooms, 2 separate living areas
- 30.6 sq (approx.)
- Fully renovated 2-pack kitchen with porcelain benchtop, Miele dishwasher, 6-burner Smeg gas cooktop, oven and grill, and full-height rangehood
- Covered alfresco / flexible home gym area with reverse-cycle unit
- 24 solar panels, ducted heating and evaporative cooling
- 3,000L water tank
- Brand-new heat pump hot water system
- Security shutters to all windows.
- 2-car garage with internal and rear access, plus 2 additional car spaces
- Minutes to Essendon Fields, LaManna Supermarket, Melbourne Airport, Airport West Shopping Centre and main freeway access.
With clear instructions to sell, this is a genuine and motivated opportunity.
Contact Alex Doguluer today on 0434 342 390 to arrange your private inspection.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own independent investigations, due diligence, and seek independent legal and financial advice before proceeding.
Listing description written by Alex Doguluer, Luxe Properties Melbourne — reproduced as published, not verified by Districts.