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VIC › Oakleigh › Palmerston Grove

U1&2, 18 Palmerston Grove, Oakleigh VIC 3166

For saleHouse

For sale

For sale

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 11 July 2026)

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

No recorded sale price for this property yet.

Oakleigh at a glance

9,491

People

$1,410,000

Median sale

$594/wk

Median rent

2.19%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Oakleigh report →

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. Listedprice unknownavailable11 July 2026

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 $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.

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

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

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

Oakleigh in one glance

Oakleigh at a glance

9,491

People

$1,410,000

Median sale

$594/wk

Median rent

2.19%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Oakleigh report →

Keep researching

  • Why Oakleigh? Read the area thesis →
  • What else is on the market in Oakleigh →
  • Other records on Palmerston Grove →

Listing material

Listed by Buxton Oakleigh

Rare dual offering - Two separate titles, endless modern potential

Ticking so many exciting boxes for single level lovers are these two wonderful properties positioned in a peaceful street only steps to Oakleigh Central.

Each on its own title and both promising smart and spacious 3-bedroom, 2-bathroom designs, this truly is an opportunity that cannot be missed! You can choose the option to purchase only one of these properties or indulge in buying both, with both of these homes very well-presented to live in as is (for both owner-occupiers and tenants). Both of these dwellings also have potential for contemporary upgrades for those with renovation vision.

1/18 Palmerston Grove – Positioned at the very front of the block, this delightful abode showcases a generous front lounge room, enormous dining zone which neighbours the large and functional kitchen, master bedroom with walk-in robe and ensuite, 2 additional bedrooms (one with dual entry), tasteful bathroom, laundry, heat/cool, two courtyard areas, and a single garage.

Read the full description

2/18 Palmerston Grove – Love the privacy you get at the very back of the block, along with generous family room with bay windows and modern flooring, spacious dining and kitchen which gets northern sunlight, master bedroom with ensuite, great storage in all bedrooms, main bathroom, laundry, heat/cool, terrace, front garden, and single garage.

Location-wise, Oakleigh Central covers so many of your retail bases, with Eaton Mall providing a range of great restaurants to choose from. You’re also very near Chadstone Shopping Centre, Huntingdale Road shops, Warrawee Park Oval, Caloola Reserve, Scotchmans Creek Trail, Oakleigh Recreation Centre, Oakleigh Primary School, South Oakleigh College, Sacred Heart Girls’ College, buses, and Oakleigh Station.

Listing description written by George Korderas, Buxton Oakleigh — reproduced as published, not verified by Districts.

Also look at

Also for sale in Oakleigh

  • U5, 79 Atherton Rd, Oakleigh VIC 3166

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  • U116, 6 Dalgety St, Oakleigh VIC 3166

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  • U23, 41 Railway Ave, Oakleigh VIC 3166

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  • 32 Oxford St, Oakleigh VIC 3166

    3-bed house. Asking $1.16M–$1.26M.

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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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.