Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Nundah › Melton Rd

1/35 Melton Rd, Nundah QLD 4012

For saleTownhouse

$959,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

208 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $959,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $959,000(Listing record · 30 July 2026)
  • FactLand 208 m²; no building size recorded.(Property record)
  • CalculationAsk is 37% below the Nundah median recorded sale ($1,516,250, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Nundah's advertised median rent ($687/wk), implied gross yield would be 3.73% — 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

$959,000

Asking · $4,611/m² of land

No recorded sale for this property.

Nundah at a glance

14,657

People

$1,516,250

Median sale

$687/wk

Median rent

2.36%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Nundah report →

Vs Nundah

-36.8%

Median sale

Suburb $1,516,250

+1.37 pp

Gross yield

Suburb 2.36%

Suburb median $1,516,250 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$959,000
Stamp Duty (Queensland)
$36,180
Transfer/Registration Fee
$3,880
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
$1,002,760

$43,760 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • 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: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

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

Net yield
2.23%
Annual cashflow (pre-tax)
$-28,529
Interest cover (DSCR)
0.43
Annual rent
$35,724
Operating expenses
$14,385
Loan amount
$767,200
Annual interest
$49,868
Gross yield
3.73%

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.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$959,000available30 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $687/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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 3.7%. 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

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • 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

Nundah in one glance

Nundah at a glance

14,657

People

$1,516,250

Median sale

$687/wk

Median rent

2.36%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Nundah report →

Keep researching

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

Listing material

Listed by Belle Property Ascot

Entry-Level Opportunity In A Prime Nundah Pocket

Whether you're entering the property market, expanding your investment portfolio or seeking an easy-care lifestyle, this inviting townhouse delivers exceptional value in the heart of Nundah. Enjoying an unbeatable walk-to-everything location, it places cafés, shopping, parkland, weekend markets, bus and rail all just moments from your front door.

Set in a small complex, the well-presented interior unfolds with air-conditioned living flowing effortlessly through to a dedicated dining room enjoying easy outdoor connection. Centrally positioned, the well-maintained kitchen offers excellent storage, wraparound bench space and stainless steel appliances, providing move-in-ready functionality whilst also presenting scope for a cosmetic update to further enhance value over time.

Providing privacy and excellent outdoor space, the fully fenced backyard is centred around a generous level lawn, creating the perfect setting for young children to play safely. Ensuring minimal upkeep, it also offers outstanding flexibility to create private alfresco entertaining if desired.

Read the full description

Three built-in bedrooms are privately positioned on the upper level, including the master with a walk-in robe and ensuite. The family bathroom includes a bath for everyday practicality, with both bathrooms well-maintained and ready to enjoy immediately whilst also offering scope for a cosmetic update over time. Additional features include a third toilet downstairs, separate laundry and single garage.

Enjoying an enviable walk-to-everything lifestyle, this exceptional location places Nundah Village, vibrant dining, the popular farmer's markets, parkland, bus and rail all just moments from your door. Positioned to benefit from the exciting transformation of the former Toombul Shopping Centre into a vibrant mixed-use precinct with expansive public green spaces, it also offers a straightforward commute to both the Brisbane CBD and Airport.

Features Include:

- Double-level townhouse in small, well-maintained complex

- Outstanding opportunity for first home buyers, investors and downsizers

- Air-conditioned living flowing to spacious dining with outdoor connection

- Well-maintained kitchen with wraparound bench, stainless appliances and excellent storage

- Private, fully fenced backyard with generous level lawn

- Three built-in bedrooms including master with walk-in robe and ensuite

- Well-maintained family bathroom with bath plus third toilet downstairs

- Separate laundry

- Single garage

- Walk to Nundah Village, cafés, restaurants, parkland, farmer's markets, bus and rail

- Positioned to benefit from the exciting Toombul redevelopment with vibrant mixed-use amenity and expansive public green space

- Easy commute to Brisbane CBD and Airport

Properties of this calibre do not become available often, so don't miss your opportunity and call Brooke Hawthorne or Chelsea Jenkins to register for our Scheduled Open Home or book a Private Appointment at a time convenient to you.

DISCLAIMER:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Brooke Hawthorne, Belle Property Ascot — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Secure Parking
  • Toilets: 3

Also look at

Also for sale in Nundah

  • 4/102 Melton Rd, Nundah QLD 4012

    2-bed unit. Asking $749K.

    For sale
  • U431, 120 Melton Rd, Nundah QLD 4012

    2-bed unit. Asking $699K.

    For sale
  • U11, 78 Melton Rd, Nundah QLD 4012

    3-bed apartment. Asking $900K.

    For sale
  • U4, 78 Melton Rd, Nundah QLD 4012

    3-bed apartment. Asking $999K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.