Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Oak Park › Station Rd
$485,525
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$485,525
Asking
No recorded sale for this property.
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Park
-57.1%
Median sale
Suburb $1,131,000
+3.31 pp
Gross yield
Suburb 2.49%
Suburb median $1,131,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,141 on top of the price (6.0% extra)
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.
Pre-filled with Oak Park's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $542/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 5.8%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Oak Park at a glance
7,256
People
$1,131,000
Median sale
$542/wk
Median rent
2.49%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupNestled in the heart of Oak Park, 23/21 Station Road presents an unmissable opportunity for those stepping into the property market, looking to downsize in comfort, or keen investors seeking to enhance their portfolio with a promising asset. This charming 2-bedroom Townhome shows modern living with its open plan design and low-maintenance appeal, ensuring a lifestyle of ease and convenience. Bright and inviting, the residence boasts well-appointed spaces that seamlessly blend functionality with style. The heart of the home is undoubtedly its open living area, where natural light floods in, creating an airy and welcoming atmosphere perfect for both relaxation and entertaining. The bedrooms offer tranquillity and privacy, making them ideal retreats after a long day. Positioned just moments from Oak Park Train Station, this Townhome ensures that everything you need is within easy reach. Whether it's commuting to the city, indulging in local cuisine at nearby cafes, enjoying leisurely walks in surrounding parks, or fulfilling your shopping needs, you'll find it all just a stone's throw away. Furthermore, with schools and buses conveniently close, this property is not just a home but a gateway to a lifestyle of convenience. 23/21 Station Road is ideally suited for first home buyers eager to embark on their homeownership journey, downsizers seeking a blend of comfort and practicality, or investors looking to secure a property with excellent rental return potential. Don't miss the chance to make this Oak Park gem yours.
Make your move today - Contact C+M Residential. 'Helping You Find Home'
THE UNDENIABLE:
• Brick Townhouse
• Built-in 2017 approx.
• Building size of 12sq approx.
• Foundation: Concrete slab
THE FINER DETAILS:
• Kitchen with S/S appliances including a dishwasher, stone benchtops, ample cupboard space, tiled splash back, finished with tiled flooring
• Sizeable open-plan meals & living zone with polished timber flooring
• 2-Bedrooms with robes & carpeted flooring
• 1-Bathroom with shower, single vanity, combined toilet & tiled flooring
• Laundry with single trough
• Reverse split system heating & cooling plus panel heating to bedrooms
• Additional features include high ceilings, LED lighting, storage areas, low-maintenance, plus more
• Street facing with established gardens, a courtyard, trees, garden beds & lawns plus a balcony off the living area
• Single remote garage with internal access
• Potential Rental: $480 - $520 p/w approx.
THE AREA:
• Close to Pascoe Vale Rd, Snell Gr, Devon Rd & Pascoe St shopping & cafe strips.
• Oak Park & Glenroy train station & bus hub
• Surrounded by parks, reserves & schools
• Only 11.5km from the CBD with easy City Link, Ring Road, & airport access
• Zoned Under the City of Merri-bek - General Residential Zone
THE CLINCHER:
• Low maintenance living never looked so good in this modern home
• Close to EVERYTHING the area has to offer - A huge bonus
THE TERMS:
• Deposit of 10%
• Settlement of 30/45/60 days
Secure your INSPECTION Today by using our booking calendar via the REQUEST INSPECTION button...
*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.
William Spyrou: 0404 999 064
Phillip Castro: 0428 097 070
Listing description written by William Spyrou, Eview Group — reproduced as published, not verified by Districts.