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.
ACT › Melba › Chinner Cres
5
Bedrooms
3
Bathrooms
2
Car spaces
807 m²
Land
360.41 m²
Building
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
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 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
ACTPlanning 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.” 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.
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
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?
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
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 Canberry PropertiesWhat you will love:
As you enter this property on the top floor, you'll be wowed by the space on offer and the tasteful modern finishes that the home benefits from. To the right is a formal lounge room, which boasts stained timber flooring that leads through to a formal dining room. Both rooms are flooded with natural light and are each a fabulous size. The massive open plan kitchen and living space at the back of the home is where the magic really happens though. The kitchen is totally stunning, with feature glass splashbacks, a huge island bench, loads of cupboard and storage space and top notch Mielé stainless steel appliances. The gorgeous, tiled flooring carries through to the dining and living spaces, which have plenty of room for family-sized lounge and dining suites. The living area is soaked in sun from the northerly aspect and spills out into the backyard and patio areas, both accessed via large double glass sliding doors. Unsurprisingly, the entertaining space out the back is vast. A huge pergola covers the patio area, and everything overlooks the manicured and level backyard.
The four upstairs bedrooms are each a great size, all have convenient built-in-robe storage and are kept climate-controlled year-round thanks to the ducted reverse cycle air conditioning unit installed. The main bedroom is super spacious and is serviced by its own ensuite, which is beautifully finished and boasts frameless shower screens, floor to ceiling tiling and chrome tapware. The home's main bathroom is equally impressive, with modern finishes again and even a separate water closet. The laundry is back off the main living area and is a homemaker's dream - It's gigantic with loads of storage, plenty of surface space and cupboards for days.
Downstairs only gets better! At the base of the stairs is a small foyer with an additional storage room and internal access to the oversized garage (featuring a seriously mega workshop area) and a lockable door separates the main house with the studio downstairs. The self-contained studio is such an awesome bonus and even has its own access from the front of the house (plus potential to fence off its an outdoor space in the front yard). The studio is really spacious. It has an open plan living, dining and kitchen area and is immaculately finished. Light, bright, and airy, it provides the perfect space for multi-generational living or even as an additional income stream. The downstairs bedroom is huge and has its own modern ensuite and great built-in-robe storage.
1 Chinner Crescent in Melba is an exceptional family home, perfectly positioned in a fantastic suburb. A really versatile offering with so much opportunity for families and investors alike, you can live where you love at this simply stunning home. Don't delay, inspect today!
What's on offer:
- Established family home with modern, versatile floor plan
- Offering amazing space and benefiting from tasteful modern finishes
- Perfect for large families with elderly parents or increasingly independent teens, or for investors with the potential to a set-up dual income stream
- Upstairs the property is set up as a four-bedroom home with a one-bedroom studio downstairs
- Soundproof insulation to intermediate floor between studio and main house
- Wall insulation with sarking down stairs and upstairs
- Upstairs and downstairs floor heating in all tiled areas
- A separate formal lounge room and dining room positioned to the front of the home with stained and polished hardwood flooring
- The family living and dining space positioned to the rear and flooded by natural lighting
- The massive open plan kitchen sits central of the home, featuring glass splashbacks, a huge island bench, and loads of storage
- Top of the line Miele appliances with gas cooktop, electric oven, and microwave oven
- The four upstairs bedrooms are each great size, and have convenient built-in-robe storage
- The master bedroom also serviced by its own ensuite
- The three other bedrooms are serviced by the main bathroom with a separate spa bath and shower
- All bathrooms have heated flooring and towel rails
- The laundry is positioned back off the main living and is gigantic with loads of storage, plenty of surface space and cupboards
- Downstairs at the base of the stairs is a small foyer with an additional storage room and internal access to the oversized garage and separate workshop area
- The studio which can be locked and separated from the main living is such an awesome bonus which has its own front door access
- A spacious open plan living and dining area and kitchen area which is immaculately finished
- A large bedroom with built-in-robes and serviced by its own ensuite
- Outside you have a huge pergola, perfect for the entire family or entertaining
- Low maintenance and large backyard for the kids or pets to run around
- 7.5kw gross feed in tariff solar system
- 15,000ltr rain-water tank with an automatic pump
- Convenience of local shops just across the road, bus stops around the corner, as well as schools, playground, and greenspaces only a short walk away
- RZ2 block for future investment
Property details…
Upper Floor: 192.92sqm
Ground Floor: 73.96sqm
Total Living: 266.88sqm
Terrace:14.57sqm
Pergola: 39.08sqm
Garage: 39.88sqm
Total Build: 360.41sqm
Block: 807sqm
Built: 1973
EER: 2.0
UV: $447,000
Rates: $800pq (approx.)
Land Tax: $1,282pq (approx. only if rented)
Disclaimer: The material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Mathew Kocic, Canberry Properties — reproduced as published, not verified by Districts.