Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Geelong West › Albert St
$1,600,000
Last sold
30 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
405 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
$1,600,000
30 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Geelong West (last 5 years) with land size have a median of $2,435/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Geelong West
+81.8%
Median sale
Suburb $880,000
-1.24 pp
Gross yield
Suburb 2.75%
Suburb median $880,000 from 6 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 $466/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
Geelong West at a glance
8,284
People
$880,000
Median sale
$466/wk
Median rent
2.75%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownArchitecturally designed and masterfully crafted by Parkview Building this chic industrial style home is the pinnacle of Geelong West living and is located right on the doorstep of cosmopolitan Pakington Street.
From the timeless façade to the cutting-edge interiors the home expresses a raw edge with exposed concrete walls, feature staircase, European feature lighting and black cabinetry throughout the bathrooms and kitchens. With luxury at the forefront of design, the amazing home boasts four bedrooms with the master suite on its own level offering a striking modern ensuite, large walk-in robe and north-facing balcony.
The two separate living zones give flexibility to the family unit and ensure ease of living with the main bathroom (servicing the remaining bedrooms) beautifully appointed with handmade Italian tiles and Carrara marble benchtops.
The floating staircase features centrally in this ultra-cool home and effortlessly complements north facing open plan living area that flows seamlessly to the outdoor entertaining area and swimming pool.
The kitchen is straight out of vogue living and is finished with stunning Carrara Venato marble benchtops, striking cabinetry with feature timber, integrated fridges and freezers, Miele appliances and concealed butler's pantry. The commercial-grade box section feature windows and large doors soar from floor to ceiling and complete the architecture of the rear and flood the home with northerly light.
This highly sought after location offers the ultimate Geelong lifestyle with everything on the doorstep including cosmopolitan Pakington Street with its many cafes and boutique shops, Sparrow Park, Geelong College, the CBD and the train station.
- In-slab hydronic heating, ducted heating and cooling
- Full commercial double glazed windows throughout
- Timeless façade with concrete tilt panel construction at the rear
- Timber oak flooring
- European fixture and fittings
- Double lock up garage with rear access
- Mosaic tiled concrete pool with gas heating
Listing description written by David Cortous, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.