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VIC › Point Lonsdale › Girvan Grove

U2, 1A Girvan Grove, Point Lonsdale VIC 3225

For saleUnit

$830,000–$880,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

179 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $830,000–$880,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $830,000–$880,000(Listing record · 10 Aug 2022)
  • FactLand 179 m²; no building size recorded.(Property record)
  • CalculationAsk is 15% below the Point Lonsdale median recorded sale ($977,375, n=6, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Point Lonsdale's advertised median rent ($530/wk), implied gross yield would be 3.32% — 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

$830,000–$880,000

Asking range · $4,637/m² of land

No recorded sale for this property.

Point Lonsdale at a glance

4,217

People

$977,375

Median sale

$530/wk

Median rent

2.82%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Point Lonsdale report →

Vs Point Lonsdale

-15.1%

Median sale

Suburb $977,375

+0.50 pp

Gross yield

Suburb 2.82%

Suburb median $977,375 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

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

Purchase Price
$830,000
Stamp Duty (Victoria)
$44,870
Transfer/Registration Fee
$2,046
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
$880,616

$50,616 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

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

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

Net yield
1.82%
Annual cashflow (pre-tax)
$-28,050
Interest cover (DSCR)
0.35
Annual rent
$27,560
Operating expenses
$12,450
Loan amount
$664,000
Annual interest
$43,160
Gross yield
3.32%

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$830,000–$880,000available10 Aug 2022

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 $530/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 3.3%. 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

Point Lonsdale in one glance

Point Lonsdale at a glance

4,217

People

$977,375

Median sale

$530/wk

Median rent

2.82%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Point Lonsdale report →

Keep researching

  • Why Point Lonsdale? Read the area thesis →
  • What else is on the market in Point Lonsdale →
  • Other records on Girvan Grove →

Listing material

Listed by RT Edgar Bellarine VIC

Stylish Old Lonsdale Gem

Nestled a stone’s throw from the beach, this stylish two bedroom home offers relaxed coastal living in highly sought old Lonsdale. Gifted with modern updates and filled with light, features include two spacious bedrooms, a chic kitchen and sunbathed patio making it ideal for downsizers, investors or those looking for the perfect seaside weekender.

Throughout this stunning home, polished concrete flooring, natural light fittings and neutral tones unite to create a contemporary coastal feel. In the living room, spectacular bay windows frame a lush view of the native surrounds, while a cosy fireplace makes it the ideal setting to snuggle up with a book in the cooler months. Bathed in spectacular northern light, the sophisticated kitchen adjoins the dining room and features stone benchtops, gas cooker and dishwasher. The centrally located bathroom is contemporary and meticulously maintained, while both generous bedrooms offer built-in robes, ceiling fans and elegant venetian blinds.

After a long day at the beach, the rear patio is the ideal setting to relax over evening drinks with friends. Gardeners will be delighted to discover a veggie bed in the side yard alongside a compact lawn and charming timber garden shed offering additional storage. Extra features of the property include split system heating/cooling, gas hot water, a single carport and secure gates to the rear of the home.

Read the full description

Located in the heart of old Point Lonsdale with handy access to the beach, foreshore village with cafes and shops and the golf club just around the corner, this is an exceptional opportunity to secure an idyllic coastal lifestyle, today.

Listing description written by Felix Hakins, RT Edgar Bellarine VIC — reproduced as published, not verified by Districts.

Also look at

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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.