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 › Horsley Cres
$975,000
Last sold
1 Nov 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
199 m²
Building
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
$975,000
1 Nov 2025 · derived via latest_sale
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.
Vs Melba
+10.8%
Median sale
Suburb $880,000
-0.23 pp
Gross yield
Suburb 2.36%
Suburb median $880,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 743 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 743 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 743 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 HOME.BYHOLLY#soldbymcreynolds #soldbycris $975,000
A home for all seasons - wonderful both indoors and out! 199m2 approx. of living plus the expansive outdoor area!
All electric with solar panels and heating/cooling systems to every room!
There is a lovely, big-boned 70s grace to this generous family home set in a wonderful friendly street. The perfect plan privatises the master suite and gifts big garden views to the other three bedrooms. A choice of generous living spaces allows for separation and togetherness and the direct access to alfresco decking is perfect for entertaining. Clever updates lend a sustainable punch, delivering boosted insulation, solar panels and all electric appliances including reverse cycle split systems throughout the entire home.
The attractive modernist form with flat roof and wide fascia sits nicely behind deep established gardens. The front veranda enjoys elevated views out to the distant horizon. There are two driveways one taking you to the carport and the other to the converted single garage with a large granite bay providing plenty of off-street parking.
The sprawling combined living and dining room enjoys a nice transparency, as rows of casement windows frame the landscape. A faux wall throws in interesting architectural lines and perfectly delineates cosy living from formal dining. From here there is easy flow to the central family hub, think big kitchen, combined meals and family area opening to a huge, covered timber deck designed for alfresco living all year round.
The kitchen has great storage, including a step-in-pantry, providing a spot for everything. There are quality appliances from Bosch, including a dishwasher and a handy adjacent laundry which opens to the garden.
The master bedroom with ensuite is a true retreat and steps down to a private space with glass sliders onto a garden nook. From here you look out to the beautiful weeping cherry, think rumpus, sitting area, home office or an extra bedroom if required.
The opposing end of the home is given over to three generous bedrooms, all with built-in-robes, split systems and ceiling fans. A duo of floor-up-windows in each room, welcomes light and all three rooms are handy to a large family bathroom with a spa bath.
The home is within walking distance to a great choice of schools, parks and transport; Mount Rogers, Ginninderra Creek, BMX, tennis and Melba Half Acre Wood. It is surrounded by green spaces and reserve. Close to the fabulous Melba shops, with local favourite Café Mamé, famous for its delicious pastries and vegan options, the home is also close to the Belconnen precinct, connecting you to a plethora of shopping, dining, and entertainment options. Handy to the University of Canberra, AIS, Lake Ginninderra and Bruce stadium.
features.
.lovely updated four-bedroom ensuite home set in a family friendly street
.attractive 70's modernist form
.deep frontage and elevated front veranda
.expansive open plan living with delineated dining space
.central family hub with open plan kitchen, family and dining, spilling to the large covered deck
.kitchen with step-in-pantry, peninsula seating and quality all electric appliances from Bosch, including a dishwasher
.skylight
.adjacent laundry with direct garden access
.sequestered master retreat with bedroom and a living area that merges to private alfresco nook and garden
.ensuite bathroom and built-in-robe
.three bedrooms on the opposing side of the home, all with built-in-robes and ceiling fans
.large family bathroom with spa bath
.reverse cycle split systems to every room in the home
.6.6KW solar array (battery ready)
.new roof
.insulation replaced throughout and added to the walls
.all electric (no gas)
.as new carpet throughout
.large entertainers' deck with pergola, heater and sun umbrella
.lovely landscaped mature gardens, with flowering perennials, synthetic grass and mature trees
.storage for bikes etc behind the roller door (approx. metre)
.surrounded by green spaces including Melba Four Acre Woods and wetlands
.close to the walking trails of Mount Rogers
.walking distance to schools, including pre-school, primary (Mount Rogers and St Monica's), Melba Copland College Secondary Schools – high school and college campuses. Saint Francis Xavier isn't far via bus or bike
.close to the walking trails of Mt Rogers Reserve
.3.9 kms to central Belconnen
.come and enjoy this wonderful friendly neighbourhood with neighbours that look out for each other
EER: 3
Land Size: 741m2
Land Value: $596,000
Land Rates: $3,262 approx. per annum
Internal living: 199m2 approx.
Listing description written by Cris O'Brien, HOME.BYHOLLY — reproduced as published, not verified by Districts.