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VIC › Drysdale › Farmhouse Avenue Belgrove

Lot 14 Farmhouse Avenue Belgrove, Drysdale VIC 3222

For saleHouse

$929,950

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $929,950 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $929,950(Listing record · 1 July 2025)
  • CalculationAsk is 25% above the Drysdale median recorded sale ($742,500, n=20, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Drysdale's advertised median rent ($528/wk), implied gross yield would be 2.95% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$929,950

Asking

No recorded sale for this property.

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Vs Drysdale

+25.2%

Median sale

Suburb $742,500

-0.75 pp

Gross yield

Suburb 3.70%

Suburb median $742,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$929,950
Stamp Duty (Victoria)
$50,867
Transfer/Registration Fee
$2,278
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$986,795

$56,845 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Drysdale's advertised median rent — not a rent for this listing.

Net yield
1.45%
Annual cashflow (pre-tax)
$-34,851
Interest cover (DSCR)
0.28
Annual rent
$27,456
Operating expenses
$13,949
Loan amount
$743,960
Annual interest
$48,357
Gross yield
2.95%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$929,950available1 July 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $528/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Drysdale in one glance

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Keep researching

  • Why Drysdale? Read the area thesis →
  • What else is on the market in Drysdale →
  • Other records on Farmhouse Avenue Belgrove →

Listing material

Listed by SOHO Living

Your New Chapter Starts Here – SOHO Living in Belgrove Estate

Welcome to Belgrove, Drysdale’s newest community.

Located just moments from the stunning beaches of the Bellarine Peninsula and a short drive from Geelong’s CBD, Belgrove offers a coastal-inspired lifestyle with the convenience of established amenities, wineries, and restaurants at your doorstep.

Proudly brought to life by SOHO Living, Belgrove is perfectly positioned within walking distance of shopping precincts, parks, gyms, and schools, ensuring everyday essentials are always within reach.

Read the full description

Surrounded by nature and infused with the calming essence of the sea and countryside, Belgrove is the perfect place to call home.

Start your build journey with ease with a SOHO Living House & Land package! Our genuinely complete, move-in-ready homes have everything you need, all included at a fixed price.

Explore our unrivalled value with our full turn-key inclusions:

• Fixed price site costs

• Developer and council requirements

• Coloured concrete driveway and front path

• Landscaping to front and rear, including letterbox, clothesline and fencing

• Colorbond sectional garage door

• 2590mm ceiling heights to ground floor

• Premium flooring throughout

• Reverse cycle split system to living and bedrooms

• 40mm stone benchtops to kitchen, ensuite and bathroom

• SMEG kitchen appliances including dishwasher

• Undermount sink to kitchen

• Floor to ceiling tiles in ensuite and bathroom

• Laundry fit out including base cabinet

• 3 phase power*

• 7 star energy rating

When you choose SOHO Living, you’re assured a high standard of service that is unparalleled in the industry. We pride ourselves on the exceptional quality of our designs, builds and finishes that are guaranteed to exceed the expectations of home buyers every single time.

By investing in a SOHO Living home, you’re investing in your best possible future. With a wide selection of townhouses and house & land packages available, we can make your home ownership dreams a reality. Find out for yourself why SOHO Living are one of Australia’s fastest growing builders and experience firsthand the SOHO Living difference.

Call 0447 103 842 or enquire now to speak to Scott Hunt, our Geelong and Bellarine Peninsula New Homes Specialist.

All images and drawings are artist impressions for illustrative purposes only.

T&Cs Apply.

https://www.soholiving.com.au/disclaimer/

SOHO Living CDB-U 50036

Listing description written by Scott Hunt, SOHO Living — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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