Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$790,000
Last sold
10 Jan 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
567 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
$790,000
10 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Grovedale (last 5 years) with land size have a median of $1,141/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Grovedale
+9.0%
Median sale
Suburb $725,000
-0.30 pp
Gross yield
Suburb 3.72%
Suburb median $725,000 from 5 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 $519/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
Grovedale at a glance
14,041
People
$725,000
Median sale
$519/wk
Median rent
3.72%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownJust over a year old, this architecturally-designed residence presents the finest in low-maintenance living.
Nestled at the end of a quiet court, you'll be amazed at the sense of peace and privacy this property offers. An abundance of northern light sweeps through the open plan living/dining/kitchen zone, which creates a wealth of space for when family and friends come to visit. You'll love opening the glass stacker doors onto the north-facing deck, where you can entertain loved ones under the shade or soak up the sunshine on the lawn. The kitchen makes a stylish statement with stone benchtops, a walk-in pantry and Spanish-tiled splashback. Westinghouse stainless steel appliances include a dishwasher and 900mm oven/gas cooktop.
Ample off-street parking is another feature that makes this home stand out from the pack. The oversized remote double garage features internal access, while the secure driveway provides plenty of room for boat/caravan storage.
This convenient location will appeal to downsizers, professional couples, first home buyers, and astute investors alike. Public transport and local shops are a short stroll away, along with the popular Grovedale Hotel. Marshall Train Station is close by for Melbourne commuters, while schools and the Waurn Ponds Shopping Centre are moments away. To top it all off, the Surf Coast Highway grants easy access to the Geelong CBD and the region's iconic beaches.
- Perfectly packaged on its own title upon approx. 567m2
- Contemporary interiors showcase stylish fittings throughout
- Kitchen also features a breakfast bar with chic pendant lights
- Main bedroom will impress with a walk-in robe and ensuite
- Two additional bedrooms feature built-in robes
- Light-filled study makes working from home a breeze
- Black fittings add on-trend style to all wet areas
- Stone benchtops also enhance the laundry and both bathrooms
- Ducted heating and a split-system air conditioner ensure comfort
- Low-maintenance landscaping includes a feature retaining wall
Listing description written by Aisha Coe, McGrath Geelong | Newtown — 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.