Chadstone at a glance
10,683
People
$1,321,750
Median sale
$594/wk
Median rent
2.34%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Chadstone › Drummond St
5
Bedrooms
2
Bathrooms
4
Car spaces
830 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Chadstone (last 5 years) with land size have a median of $2,299/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Chadstone at a glance
10,683
People
$1,321,750
Median sale
$594/wk
Median rent
2.34%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
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 $594/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
UnknownArea
Chadstone at a glance
10,683
People
$1,321,750
Median sale
$594/wk
Median rent
2.34%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White OakleighIf your family is struggling for space, grant them an opportunity to spread out comfortably and harmoniously inside this stately five-bedroom family residence on the footsteps of the Scotchmans Creek Trail.
Beautifully presented with plenty of uplifting natural light throughout and offering two levels of private self-contained living, this home was made for harmonious multi-generational living on a huge 830sqm (approx.) block.
The home's upper floor introduces a light-filled formal lounge of large proportions, which in turn effortlessly flows through to the bright meals area and family-sized kitchen delighting with its timber cabinetry and updated wall oven.
With a large terrace at the front and undercover verandah out back, there's no shortage of outdoor entertaining space available, while three generous-sized bedrooms, two bathrooms and a large laundry are also comfortably accommodated on the home's upper floor.
Head downstairs and discover vast self-contained living quarters featuring a further two bedrooms, a large deluxe bathroom and a spacious open-plan living area with a modern kitchen. And with its own laundry, entry and separate driveway, the young family can therefore live in total privacy upstairs with the in-laws living peacefully downstairs.
There's also scope to lease out one half of the home to longer-term guests without interruptions to your busy lifestyle or rent out both self-contained levels and enjoy two passive income streams flowing into your pockets.
Furthermore, this grand family home features a solid double brick four-car garage (with workshop area), split-system heating/cooling, plenty of storage space and a large grassed backyard that can be enjoyed by all.
This remarkable residence also enjoys a premier Chadstone address within an easy walk of Chadstone Shopping Centre, Caloola Reserve and Holmesglen Institute (Drummond Street Campus) and just minutes away from Holmesglen train station, Oakleigh's popular dining precinct and the Monash Freeway.
SMS "84Drummond" to 0488 883 810 for Digital Brochures.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Bill Gianidis, Ray White Oakleigh — reproduced as published, not verified by Districts.
Victoria 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.