Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
3
Car spaces
945 m²
Land
Districts View
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
MELBA
Zone
RZ1
RZ1
Jurisdiction
Unincorporated ACT
Unincorporated ACT, ACT
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
ACTZoned RZ1 (MELBA). Official parcel area about 947 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/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. Nearby development applications are not loaded for this property. 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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RZ1 (MELBA). Official parcel area about 947 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 947 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CanberraSet on a large, flat 945m2 block in the convenient suburb of Melba is this single title home with 2 separate residences.
Ideal for investors seeking 2 sources of rental income, or a family looking for a home with the perfect teenage retreat, guest house, or space for a private home office or studio.
The main residence is located at the front of the property and has been tastefully updated with a contemporary cottage-style kitchen featuring white cabinetry and ample storage, a double sink and integrated dishwasher.
There are 3 sizeable bedrooms - 2 with mirrored built in robes - plus a renovated bathroom with floor to ceiling tiles.
The secondary residence enjoys private access with its own driveway and carport. Inside you'll find an open plan kitchen and living area with underfloor heating, a large bedroom with carpet floors, and a combined bathroom/laundry including a laundry tub.
Both residences have their own private rear garden, the main house also includes a paved entertainment area. Live in one property and rent the other out. The opportunities are endless!! Ideally located on a quiet street, close to local schools and shops, and a short drive to Belconnen town centre.
Features:
945m2 flat block
Single title with two residences
Quiet street with easy access to major arterial roads
Minutes to schools, shops and parks
Close to Belconnen town centre
Main residence
Currently leased for $440 per week until April 2020
Modern country-style kitchen with ample storage, double sink and dishwasher
Dining area
Light living area with timber wall panelling
3 large bedrooms with ceiling fans, 2 with built in robes
Contemporary bathroom with floor to ceiling tiles
Separate powder room
Reverse cycle air conditioning
Ducted gas heating
Double gate side access, ideal for trailer or caravan
Double carport with secure storage shed/workshop at the rear
Easy care, fenced backyard
1 bedroom residence
Currently leased for $320 per week on month to month lease.
Self-contained and separately metered
Generous open plan kitchen, dining and living area
Pitched ceiling with exposed beams
Underfloor heating
Bathroom with corner shower and laundry features
1 carpeted bedroom with built in robe
Separate driveway with carport
Private grassed rear garden
Listing description written by Bree Parker, Ray White Canberra — reproduced as published, not verified by Districts.