Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Kings Park › Gillespie Rd
$615,000
Last sold
19 Dec 2024
3
Bedrooms
1
Bathrooms
10
Car spaces
538 m²
Land
118 m²
Building
Districts View
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
$615,000
19 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Kings Park (last 5 years) with land size have a median of $1,168/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Kings Park
-9.6%
Median sale
Suburb $680,000
+0.35 pp
Gross yield
Suburb 3.40%
Suburb median $680,000 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 $444/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
Kings Park at a glance
8,186
People
$680,000
Median sale
$444/wk
Median rent
3.40%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Maddison Estate AgentsFor the first time since its purchase in 1972, this well-loved and beautifully maintained property is ready to welcome a new chapter. Packed with charm, functionality, and a rich family history, this three-bedroom gem is the perfect opportunity for first home buyers, investors, or tradies seeking something truly special. Set on a generous 538sqm block in the highly sought-after suburb of Kings Park, this property offers an impressive array of secure and versatile parking options. Boasting a double garage, a secure double carport behind a roller door, an open double carport, and room for two additional cars in the driveway, this home is a dream for those who value space and practicality.
Step inside to discover a warm and inviting layout that has been cherished for decades. The master bedroom features walk-through robes with direct access to the central bathroom, while two additional spacious bedrooms with built-in robes offer comfort and convenience for the whole family. A separate shower room and light-filled lounge complement the open-plan kitchen and meals area, perfect for everyday living or entertaining guests.
Modern comforts include gas heating, ducted evaporative cooling, and ceiling fans in four rooms, ensuring the perfect temperature all year round. Positioned close to parks, schools, public transport, and major roads, the location offers the ultimate blend of suburban serenity and accessibility. Whether you're a growing family looking for a place to call home, an investor eyeing an exceptional opportunity, or a tradie in need of secure storage and parking, this property delivers on every level.
This is more than just a house; it’s a home filled with love and possibilities. Will you be the lucky one to make it yours?
Listing description written by Stephen Murphy, Maddison Estate Agents — reproduced as published, not verified by Districts.