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VIC › East Geelong › Ryrie St

U3, 380 Ryrie St, East Geelong VIC 3219

For saleHouse

$1,450,000–$1,550,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

2

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000–$1,550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000–$1,550,000(Listing record · 5 Aug 2026)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Geelong (last 5 years) with land size: median $2,016/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 69% above the East Geelong median recorded sale ($860,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Geelong's advertised median rent ($444/wk), implied gross yield would be 1.59% — 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

$1,450,000–$1,550,000

Asking range · $3,580/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in East Geelong (last 5 years) with land size have a median of $2,016/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

East Geelong at a glance

4,014

People

$860,000

Median sale

$444/wk

Median rent

2.68%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Geelong report →

Vs East Geelong

+68.6%

Median sale

Suburb $860,000

-1.09 pp

Gross yield

Suburb 2.68%

Suburb median $860,000 from 23 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
$1,450,000
Stamp Duty (Victoria)
$79,750
Transfer/Registration Fee
$3,497
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
$1,536,947

$86,947 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

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

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

Net yield
0.09%
Annual cashflow (pre-tax)
$-74,062
Interest cover (DSCR)
0.02
Annual rent
$23,088
Operating expenses
$21,750
Loan amount
$1,160,000
Annual interest
$75,400
Gross yield
1.59%

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$1,450,000–$1,550,000available5 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 $444/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.

Area

East Geelong in one glance

East Geelong at a glance

4,014

People

$860,000

Median sale

$444/wk

Median rent

2.68%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Geelong report →

Keep researching

  • Why East Geelong? Read the area thesis →
  • What else is on the market in East Geelong →
  • Other records on Ryrie St →

Listing material

Listed by Oslo Property

Central Address with Luxury Appeal

Defined: A distinctive interpretation of modern luxury just doors from the East Geelong Shops, this 38 square (approx) dual-storey home masterfully blends the sophistication of engineered herringbone floors and grand chandeliers with the practicality of stone finishes, tiled flooring, and serene, low-maintenance outdoor spaces.

Set opposite Geelong High School, and moments from GMBHA Stadium, the Botanic Gardens, and Eastern Beach.

Considered:

Read the full description

Kitchen: Granite stone benchtops and splashback, island bench with waterfall edges and breakfast bar overhang, Sirius specialist rangehood, and Asko appliances including a pyrolytic oven, gas cooktop, integrated combi microwave, and dishwasher. Large butler’s pantry with dual sinks and secondary gas cooktop.

Living/Dining: Tiled floors, large windows and glass sliding doors, rear glass stackers with electric blinds, roller blinds and full-length custom sheer curtains, square-set cornice, and downlights.

Secondary Lounge: Engineered herringbone floors, windows with elevated aspect and roller blind/full-height sheer curtain, floating shelves, and downlights.

Master Suite: Herringbone floors, walk-in robe, and ensuite with full-height tiling, dual vanitys with stone benchtop and underbench storage, mirror, shower, and toilet.

Guest Suite: Herringbone floors, extra thick glass windows with street-facing aspect and full-length sheer curtains, downlights, walk-in robe, and ensuite with full-height tiling, vanity with stone benchtop and underbench storage, a full-length wall mirror, shower, and toilet.

Main Bathroom: Feature tub, dual vanity with stone benchtop, full-height tiling, large shower with tiled base, plantation shutters, and separate toilet.

Additional Bedrooms: Two first floor bedrooms each showcase their own character, with built-in robes, downlights and sheer curtains.

Outside: Established front gardens beautifully frame a double door entry with exposed aggregate pathway, while to the rear, a covered alfresco with tiled floors links with vehicle parking, including a double garage with additional roller door, and extra vehicle parking with electric gate.

Luxury Inclusions: Solid timber staircase, double glazed windows (except for front of the property which has extra thick glass windows to reduce noise), square-set ceilings, solid brick construction to both levels, Metro-Max instantaneous hot water system, Samsung 4-zoned refrigerated air conditioning and heating system, large laneway at rear of property for easy access for parking, and elevated internal door heights (European style).

Close by Facilities: Geelong High School, East Geelong Shops, GMHBA Stadium, Geelong Botanic Gardens, Eastern Beach, Geelong Waterfront, University Hospital, and Orchid Co Coffee Shop.

Ideal For: Professionals, families, active retirees, or investors.

*All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information. Photo ID must be shown at all open inspections in order to inspect the property*

Listing description written by Michael Tricarico, Oslo Property — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking

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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.