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VIC › St Leonards › Thornton Ave

U190, 110 Thornton Ave, St Leonards VIC 3223

For saleRetirement

$595,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $595,000(Listing record · 28 Aug 2026)
  • CalculationAsk is 14% below the St Leonards median recorded sale ($690,000, n=120, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at St Leonards's advertised median rent ($472/wk), implied gross yield would be 4.13% — 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

$595,000

Asking

No recorded sale for this property.

St Leonards at a glance

3,765

People

$690,000

Median sale

$472/wk

Median rent

3.56%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full St Leonards report →

Vs St Leonards

-13.8%

Median sale

Suburb $690,000

+0.57 pp

Gross yield

Suburb 3.56%

Suburb median $690,000 from 120 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$595,000
Stamp Duty (Victoria)
$30,770
Transfer/Registration Fee
$1,497
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
$630,967

$35,967 on top of the price (6.0% 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 St Leonards's advertised median rent — not a rent for this listing.

Net yield
2.63%
Annual cashflow (pre-tax)
$-15,321
Interest cover (DSCR)
0.50
Annual rent
$24,544
Operating expenses
$8,925
Loan amount
$476,000
Annual interest
$30,940
Gross yield
4.13%

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$595,000available28 Aug 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 $472/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 4.1%. 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

St Leonards in one glance

St Leonards at a glance

3,765

People

$690,000

Median sale

$472/wk

Median rent

3.56%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full St Leonards report →

Keep researching

  • Why St Leonards? Read the area thesis →
  • What else is on the market in St Leonards →
  • Other records on Thornton Ave →

Listing material

Listed by Hunters Real Estate

Exceptional Lifestyle Living with Private Established Gardens

Set within the Lifestyle Communities Village in St Leonards, this beautifully presented two-bedroom plus study home offers a comfortable and practical layout, an abundance of natural light and beautifully established gardens that create a private and inviting outdoor setting.

One of the larger blocks in the village, Block 190 enjoys the added benefit of having just one neighbouring property on the western side. This provides excellent natural light and a greater sense of space and privacy than many of the surrounding homes.

Inside, the open-plan lounge and dining area offers plenty of room to relax and entertain, with large windows and sliding glass doors drawing in natural light and creating a seamless connection with the outdoor areas. The adjoining kitchen is well appointed with a generous island bench, excellent storage, walk-in pantry and plenty of workspace.

Read the full description

The main bedroom is a standout, featuring a walk-in robe and direct access to the spacious bathroom. The second bedroom is positioned at the opposite end of the home, providing separation and privacy for guests or family. A separate study offers valuable additional space for a home office, hobbies, craft or simply extra storage.

Outside is where Block 190 really sets itself apart. While many courtyards within the village are supplied as gravel areas, this home has been thoughtfully landscaped and planted out, with established gardens extending across the north, east and south sides of the property. Easy-care raised garden beds, paving and an installed watering system make the gardens both attractive and practical.

The tranquil garden area is enclosed with bamboo-lined fencing, creating a private and leafy retreat. A covered deck provides the perfect spot to enjoy a morning coffee or entertain outdoors, while the additional landscaped courtyards offer several places to sit and enjoy the established surroundings.

The yard has also been fully secured to help prevent small dogs from digging underneath the fencing and escaping, making it particularly well suited to pet owners.

Another significant advantage is the parking. While the standard car spaces in the village are carports with a roller door at the front, with the added benefit of 6kw PV system and Car charger. Block 190 has been enhanced with a fully enclosed garage featuring a roller door and secure sliding glass doors, added by the current owners after purchase. This provides valuable additional security, storage and protection from the elements.

Further features include a separate laundry, plantation shutters, ceiling fans, excellent storage and a well-considered floorplan designed for easy, low-maintenance living.

Features include:

One of the larger blocks within the village

Only one neighbour on the western side, providing excellent natural light and added privacy

Two bedrooms plus separate study

Main bedroom with walk-in robe and direct bathroom access

Spacious bathroom with separate shower

Open-plan lounge and dining area

Modern kitchen with generous island bench

Walk-in pantry and excellent kitchen storage

Large windows and sliding glass doors providing abundant natural light

Plantation shutters

Ceiling fans in bedrooms and study

Separate laundry

Fully enclosed garage with roller door and secure sliding glass doors

Covered outdoor deck

Beautifully landscaped and established gardens on the north, east and south sides

Bamboo-lined fencing enclosing the private garden area

Easy-care raised garden beds

Paved outdoor areas

6kw PV system and car charger

Installed garden watering system

Fully secured yard designed to prevent small dogs from digging underneath fences

Private, established outdoor setting

Low-maintenance lifestyle living

Comfortable, inviting and thoughtfully enhanced by its current owners, Block 190 offers considerably more than a standard low-maintenance village home. With its larger block, excellent natural light, fully enclosed garage and beautifully landscaped gardens, it provides a wonderful balance of space, privacy, practicality and outdoor living — all within easy reach of St Leonards' town centre, foreshore and everyday amenities.

Listing description written by Charlotte Hunter, Hunters Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Solar Panels
  • Study

Also look at

Also for sale in St Leonards

  • 125 Thornton Ave, St Leonards VIC 3223

    4-bed house for sale. Asking $849K–$899K.

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  • 89 Thornton Ave, St Leonards VIC 3223

    4-bed house for sale. Asking $880K.

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  • 37 Thornton Ave, St Leonards VIC 3223

    4-bed house for sale. Asking $790K–$860K.

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  • 19 Thornton Ave, St Leonards VIC 3223

    4-bed house for sale. Asking $690K.

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

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