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 › Copland Dr
4
Bedrooms
3
Bathrooms
2
Car spaces
896 m²
Land
181 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
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
UnknownArea
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 CanberraOffering many original features, this home is set on a 896m2 block in a central Belconnen location presenting the opportunity to restore it to its former glory or to renovate to your own taste. This four bedroom double storey home is situated conveniently close to bus stop, ideally located for kids catching the school bus in safe sight of the home. The home features double brick throughout, light-filled rooms upstairs, ducted gas heating and solid timber floors.
The light and bright kitchen is adjacent to the meals area which adjoins the north facing family room.
Downstairs the large rumpus room could be utilised as guest room or bed sitter, fully equipped with a cellar storage room, walk in pantry style storage room, bathroom and laundry facilities with its own private access to the backyard and side gate entry for separate living or to rent out.
There's endless potential to take your time in making your desired updates or get stuck in and give the home a full make-over.
The enclosed backyard with its well established easy care garden is private, spacious and great for entertaining. It features a large paved area, and level garden area with plenty of room for children and pets to play.
In purchasing this home, a golden opportunity is there for those with imagination, flair and the craving for a blank canvas to create something truly special.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION ON THURSDAY, 14 DECEMBER 2017, AT THE BELCONNEN ARTS CENTRE AT 6PM
Features include:
* Four bedroom family home with solid timber floors
* Occupying a generous 896 sqm block
* Open plan design flowing across two levels with three living areas
* Ensuite bathroom to master bedroom
* Master bedroom and two bedrooms with built-in robes, fourth room with room for shelving and storage if required
* Updated and functional kitchen with large butler's walk in pantry
* Ducted gas heating plus ceiling fans
* Double garage with roller doors and under house storage
* Private easy care gardens with side gate access to fit a trailer
Melba is popular for families wanting close proximity to schools, tertiary facilities, shops and public transport. A bonus being that it is a short trip to either Belconnen or Gungahlin town centres.
You only need a good solid skeleton along with a great location to create something truly extraordinary. At 101 Copland Drive Melba you will find exactly that.
Listing description written by Mark Johnstone, Ray White Canberra — reproduced as published, not verified by Districts.
Nearby 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.