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VIC › Glen Iris › High St

U17, 1559 - 1567 High St, Glen Iris VIC 3146

For saleTownhouse

$1,995,000–$2,194,500

For sale

Asking range

3

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,995,000–$2,194,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,995,000–$2,194,500(Listing record · 18 Sept 2023)
  • CalculationIf it leased at Glen Iris's advertised median rent ($625/wk), implied gross yield would be 1.63% — 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

$1,995,000–$2,194,500

Asking range

No recorded sale for this property.

Glen Iris at a glance

27,720

People

No data

Median sale

$625/wk

Median rent

No data

Suburb gross yield

See the full Glen Iris report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,995,000
Stamp Duty (Victoria)
$109,725
Transfer/Registration Fee
$3,614
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
$2,112,039

$117,039 on top of the price (5.9% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.13%
Annual cashflow (pre-tax)
$-101,165
Interest cover (DSCR)
0.02
Annual rent
$32,500
Operating expenses
$29,925
Loan amount
$1,596,000
Annual interest
$103,740
Gross yield
1.63%

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$1,995,000–$2,194,500available18 Sept 2023

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 $625/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 1.6%. 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.

Nearby

Nearby properties

  • U603, 1559-1567 High St, Glen Iris VIC 3146
  • U1, 1458 High St, Glen Iris VIC 3146
  • U308, 1559 - 1567 High St, Glen Iris VIC 3146
  • UG06, 1559-1567 High St, Glen Iris VIC 3146

Area

Glen Iris in one glance

Glen Iris at a glance

27,720

People

No data

Median sale

$625/wk

Median rent

No data

Suburb gross yield

See the full Glen Iris report →

Keep researching

  • Why Glen Iris? Read the area thesis →
  • What else is on the market in Glen Iris →
  • Other records on High St →

Listing material

Listed by RT Edgar Boroondara

Luxury Parkside Townhouse with Rooftop Views

Expressions Of Interest

Additional units with different layouts also available.

Delivering a level of luxury, scale and sophistication rarely found in townhouse living, this architecturally designed residence within the prestigious Highpark Seasons development offers an exceptional lifestyle overlooking the tranquil Gardiners Creek parklands. Spanning three levels and serviced by a private internal lift, the home seamlessly blends refined interiors, premium finishes and multiple outdoor entertaining zones.

Read the full description

Designed by the acclaimed architects at Rothelowman, the residence is immersed in natural light through expansive double-glazed glazing, creating a seamless connection between the interiors and the surrounding greenery. European Oak flooring laid in an elegant herringbone pattern flows throughout the open-plan living and dining domain, where floor-to-ceiling windows frame leafy outlooks and open onto a north-facing terrace overlooking the parklands.

At the heart of the home, the designer kitchen combines timeless elegance with exceptional functionality. Marble benchtops, bespoke woodgrain and two-pack cabinetry, and an expansive island bench are complemented by a premium suite of Miele appliances, including a conventional oven, combi microwave-steam oven, cooktop and dishwasher. An integrated Fisher & Paykel refrigerator and freezer further enhance the kitchen’s sophisticated appeal.

Crowning the residence is an extraordinary rooftop terrace, providing a spectacular setting for entertaining family and friends while enjoying sweeping views across Gardiners Creek and beyond. Whether hosting large gatherings or enjoying a quiet evening sunset, this elevated outdoor retreat offers a truly unique lifestyle experience.

Accommodation is thoughtfully zoned to maximise privacy and comfort. The entire upper level is dedicated to an indulgent master retreat, complete with a spacious dressing room, luxurious ensuite with freestanding bath, private breakfast balcony, and an additional retreat or home office space. On the ground floor, two generously proportioned bedrooms with custom built-in robes open onto a private courtyard and are serviced by a beautifully appointed central bathroom.

Further features include a guest powder room, European laundry, zoned heating and cooling, secure video entry, three secure basement car spaces and a substantial storage cage.

Residents of Highpark Seasons enjoy access to exceptional resident amenities including a fully equipped gymnasium, landscaped communal gardens, an outdoor BBQ terrace, and an elegant residents’ lounge with fireplace, kitchenette and entertaining spaces.

Perfectly positioned moments from Malvern Road cafés and restaurants, High Street trams, Glen Iris Station, Gardiners Creek walking and cycling trails, Harold Holt Swim Centre and Melbourne’s leading private schools, this remarkable residence offers a rare opportunity to enjoy luxury living surrounded by nature without compromising on convenience.

Listing description written by Annabelle Feng, RT Edgar Boroondara — reproduced as published, not verified by Districts.

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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.