Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Melrose Park › Ayers Ave
2
Bedrooms
1
Bathrooms
2
Car spaces
719 m²
Land
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 Melrose Park (last 5 years) with land size have a median of $1,494/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 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
SAPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $580/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. 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.
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
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White UnleyThis solid brick home provides the perfect entry point into the highly sought-after suburb of Melrose Park. Located just 15 minutes from the city and the sea; it's easy to understand why this super convenient and well serviced locale is so highly desired.
Built in 1956, the home sits proudly on a 719sqm allotment and offers that all-important north facing rear.
Inside, you will love the timber floors and lofty ceilings adorned in decorative cornicing, ceiling roses and original light fittings; giving the home that much-desired character feel.
To the right of the central hallway are two great size bedrooms, each featuring built in robes and ceiling fans. Adjacent the bedrooms the open plan living and dining areas flow effortlessly into the well-equipped kitchen.
A lovely large room at the rear of the home presents the flexibility for a second living space or a teenage retreat, featuring exposed beams and double doors to the paved entertaining area.
The large rear garden offers plenty of space for children and pets to play, and bursts with colourful flowering bulbs in spring and abundance of fruit in summer. There is also a large raised garden bed for growing all your favourite veggies.
There is a lot to love about this great location. Take a stroll through the family friendly suburb to discover its many lovely parks, playgrounds and reserves, trendy cafes and local eateries and great schooling at nearby Edwardstown Primary School. Public transport is just seconds away on Winston Avenue, giving you easy access to the CBD and tram route.
Get in quick - homes in Melrose Park don't stay on the market long!
More to love:
* Carport and single garage
* Off street parking for two cars in driveway
* Ducted evaporative cooling
* Quality wooden venetian blinds in all front windows
* Gas heater in living room
* Plenty of storage in kitchen
* Gas cooktop & Dishwasher in kitchen
* Bathroom with separate bath and shower
* Large laundry with built in storage
* Separate toilet
* Second living with aircon
* Double glazed internal venetian blinds in rear windows and double doors to patio with Japanese style retractable screen
* Great size yard with plenty of room to extend (STCC)
* Undercover entertaining area
* Beautiful big backyard with mature fruit trees including: Orange, lemon, peach, apricot, almond, fig, passionfruit, apple & avocado
Listing description written by Blake Scholz, Ray White Unley — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
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. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
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.