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VIC › Yarra Glen › Melba Hwy

1030 Melba Hwy, Yarra Glen VIC 3775

House

$1,425,000

Last sold

7 Feb 2020

4

Bedrooms

2

Bathrooms

5

Car spaces

40,468.564 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,425,000 (7 Feb 2020).(Recorded sale)
  • FactLand 40,469 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Yarra Glen (last 5 years) with land size: median $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactLAND SUBJECT TO INUNDATION OVERLAY intersects 91.3% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 39.3% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2LAND SUBJECT TO INUNDATION OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

What this lot has actually traded at

Last sold

$1,425,000

7 Feb 2020 · derived via latest_sale

Local land rate: recorded House sales in Yarra Glen (last 5 years) with land size have a median of $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Yarra Glen at a glance

3,135

People

$1,014,000

Median sale

$550/wk

Median rent

2.82%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Glen report →

Vs Yarra Glen

+40.5%

Median sale

Suburb $1,014,000

-0.81 pp

Gross yield

Suburb 2.82%

Suburb median $1,014,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 2049158

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 91.3% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.

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.

Records

Property history

  1. Sold$1,425,0007 Feb 2020
  2. Listedprice unknowncompleted16 Dec 2019
  3. Listedprice unknowncompleted16 Dec 2019
  4. Listedprice unknowncompleted16 Dec 2019

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

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 40,901 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.

What could kill that thesis?

Confidence: medium

91.3% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 40,901 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $550/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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

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

What this means for this property

Districts view

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 40,901 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 40,901 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • 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?

    Knownmedium

    Official parcel about 40,901 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Knownmedium

    91.3% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications 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

Yarra Glen in one glance

Yarra Glen at a glance

3,135

People

$1,014,000

Median sale

$550/wk

Median rent

2.82%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Glen report →

Keep researching

  • Why Yarra Glen? Read the area thesis →
  • What else is on the market in Yarra Glen →
  • Other records on Melba Hwy →

Listing material

Listed by Jellis Craig Yarra Ranges Lilydale

ESCAPE TO THE COUNTRY JUST 2 MINUTES FROM TOWN

Where your soul feels a little richer, where days slow and you relax a little more, surrounded by natural beauty, this is the heartbeat of country living. Yet this 10-acre property is only a 2 minute drive to Yarra Glen's town centre, so you can experience an idyllic semi-rural escape without sacrificing convenience. A rare opportunity in this tightly held location of friendly neighbours and grazing herds, this home and its land have been created with charm, comfort and functionality.

The expansive grounds epitomize the ideals of an equine estate; far-reaching paddocks dotted with dams, a ménage, shelters, shedding and an American style barn. Extensively equipped to include a seasonal creek, poultry pen, electric fencing and multiple water sources, everything you need is here for you to seamlessly step into the lifestyle some can only dream of.

Homely and welcoming from the moment you arrive, the character façade of the 10 year old home, its wrap around verandah and warm timber hues, sets the tone for what's beyond. Discover lofty interiors atop warm bamboo floors, an open plan space and a wide vista to the verdant acreage, distant hills and scenic skies. The impressive kitchen with its modern styling and quality appointments easily caters for daily routines and entertaining, while the adjoining alfresco beckons long leisurely afternoons, where you sit and gaze at your surroundings, relishing in how lucky you are to live amongst such beauty. Generous zoned accommodation provides four large bedrooms, the master accentuated by a spa ensuite, triple robes and French doors to the verandah. The interiors are completed by a family bathroom, laundry, great storage and the comfort of ducted heating and air conditioning.

Read the full description

Yarra Valley delights are mere minutes away including wineries, restaurants and the event-rich racecourse. But the true delight of the Valley is right here within your own property, yours to exclusively enjoy every day. Come and escape to the country, feel your heartbeat, enrich your soul and live the life you've always wanted.

Listing description written by Gary Fletcher, Jellis Craig Yarra Ranges Lilydale — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Indoor Spa
  • Living Areas: 2
  • Outdoor Entertaining
  • Outside Spa
  • Shed
  • Solar Panels
  • Toilets: 3
  • Water Tank
  • Workshop

Also look at

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Districts

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

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