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VIC › Kialla › Gennari Rd

U23, 15 Gennari Rd, Kialla VIC 3631

For saleHouse

$1,000,000

For sale

Asking

3

Bedrooms

2

Bathrooms

8

Car spaces

608 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 22 Jan 2025)
  • CalculationRecorded House sales in Kialla (last 5 years) with land size: median $837/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 43% above the Kialla median recorded sale ($697,500, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kialla's advertised median rent ($513/wk), implied gross yield would be 2.67% — 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

$1,000,000

Asking · $1,645/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Kialla (last 5 years) with land size have a median of $837/m² of land (n=99). Districts calculation from recorded sales — not a valuation.

Kialla at a glance

9,892

People

$697,500

Median sale

$513/wk

Median rent

3.82%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kialla report →

Vs Kialla

+43.4%

Median sale

Suburb $697,500

-1.15 pp

Gross yield

Suburb 3.82%

Suburb median $697,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Victoria)
$55,000
Transfer/Registration Fee
$2,444
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
$1,061,144

$61,144 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 Kialla's advertised median rent — not a rent for this listing.

Net yield
1.17%
Annual cashflow (pre-tax)
$-40,324
Interest cover (DSCR)
0.22
Annual rent
$26,676
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
2.67%

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$1,000,000available22 Jan 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 $513/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 2.7%. 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

Kialla in one glance

Kialla at a glance

9,892

People

$697,500

Median sale

$513/wk

Median rent

3.82%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kialla report →

Keep researching

  • Why Kialla? Read the area thesis →
  • What else is on the market in Kialla →
  • Other records on Gennari Rd →

Listing material

Listed by Ken McNamara Real Estate

Absolute Pinnacle in Local Retirement Village Living

Located in the exclusive gated Freehold Village of Freedom Place over 50's village just 350 meters from Riverside Plaza and public transport this quality three bedroom, 6 star rated executive property is extremely energy efficient and is the village developers personal home filled with loads of quality features and is manufactured from highly energy efficient SIP panels ensuring year round comfort.

Features of this brilliant property include a huge Master Bedroom with ensuite, double shower with self cleaning screens, double vanity, walk in robe plus an additional double sliding wardrobe and a brilliant spacious fully tiled kitchen with lots of cupboard space, walk in pantry, electric cooking, silent rangehood, fully tiled splash back, wall oven, dishwasher and a island bench with double bowl sink with chrome mixer taps and a waste disposal unit.

Additionally there's a large open plan kitchen / dining / meals area, second separate lounge / office, two other bedrooms with built in robes and ceiling fans, second bathroom, separate toilet, store room and two upstairs separate storage areas including a small office as well as two split system air conditioners, quality floor coverings and low energy LED lights throughout, three tv points and a security CCTV system monitoring the entire property.

Read the full description

All windows are double glazed with thermal break energy protection and internal Venetian blinds actually within the two panels of glass, there's a feature fireplace, ducted vacuum system, extra high ceilings, formal entry hall and two separate front doorways if you are wanting to run an office from home. On the colorbond low energy roof there's a Photovoltaic (PV) solar system, battery storage system and a Chromagen evacuated tube solar hot water system with a 300 liter storage tank.

Outside on the 608 m2 fully fenced block there's a front entry porch with a security camera, double pebble-crete front driveway, three types of materials on the front of the villa, aluminium fire rated flyscreens to all windows, fold down clothes line, large sliding glass doors opening on a private alfresco with built in bbq, automatic self closing roof for when it rains, television and environmentally maintenance free flooring. There's also an extra large and high double garage with three remote controlled sectional panel doors, direct entry into the dwelling and an onsite caravan storage area immediately outside the laundry with it's own sullage point, water and electricity connections as well as absolute direct drive through access to and from the property from the rear Emperor Court directly into your block via an automatic rear sliding gate with a personal access gate within it.

Best of all for the handyman or motoring enthusiast there's a huge 72 m2 fully insulated shed which will never require heating with direct undercover access from the house features parking for a minimum of five vehicle plus a few motorcycles, tv point, a work bench, double and single automatic sectional panel vehicle entry doors and a separate toilet.

Freedom Place Kialla offers a small intimate and secure village of just 39 fully fenced lots for retirement living close to bushland and has only four remaining unsold blocks still available. Features of Freedom Place include automatic security gates, a modern large clubroom with large open spaces including lounge and dining areas, a craft room, golf simulator, library, kitchen, cafe area, jig saw table, gym, outdoor BBQ area, 2 rink bowling green, resident garden and established gardens throughout the village. The village is exclusive and will never be any bigger and best of all offers freehold titles instead of the normal land lease offered by other villages.

So if you are looking for the absolute best call now to arrange your private inspection as there will never be another property such as this available locally.

Note: this property is within an over 50's village and intending purchasers will be required to enter into contracts under the Victorian Retirement Villages Act.

Listing description written by Stuart McNamara, Ken McNamara Real Estate — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gym
  • Intercom
  • Living Areas: 2
  • Outdoor Entertaining
  • Outside Spa
  • Pool
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 3
  • Vacuum System
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.