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 › Kingston Ave
4
Bedrooms
1
Bathrooms
3
Car spaces
720 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
UnknownNearby 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.
Area
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 UnleySituated in the family friendly suburb of Melrose Park, this fantastic double brick home with large extension, sits on a generous allotment, sporting a wide frontage, and conveniently positioned to have easy access to all the necessities.
Step inside and instantly feel the warmth and brightness of this well proportioned residence, comprising of 3 bedrooms, all with built in robes.
Not to go unnoticed is the stunning main bathroom featuring double vanity, double shower, and floor to ceiling tiles, showcasing a stylish combination of contrasting dark and light tones, complete with a temperature controlled water system.
In addition, the super functional kitchen, fitted with quality stainless steel appliances, oversize sink, and Puratap, includes plenty of cupboard and bench space, and sits along side a spacious open plan living and dining area.
Two more living rooms are also situated at the front and back of the home, providing plenty of space for the entire family, and a versatile floor plan to suit your lifestyle needs, with the rumpus room potentially becoming a large 4th bedroom.
No need to worry about the sound travelling through to the bedrooms either, with the each living space able to be closed off with doors. A separate laundry with second toilet is also centrally positioned for your convenience.
Most impressive is the huge backyard, showcasing a large lawn area, ideal for kids and pets to play, or to host your next gathering with family and friends. Here you will also find a handy kitchenette/BBQ area, and a spacious brand new undercover alfresco area - the perfect combination for outdoor entertaining.
Established fruit trees, and veggie patches with irrigation, are an added bonus, as well as a lock up garden shed.
Fitted with ducted reverse cycle air conditioning, alarm system, roller shutters to all windows, and secure double garage with automatic roller door, this outstanding home is an excellent platform for a growing family, who want the comfort of easy family living with that little bit extra.
To top it off, a 3KW solar system with high paying feeding tariff will help keep those electricity bills low.
With the city and sea within easy reach, and a great range of shops, cafes, and parks nearby, including Castle Plaza, Melrose Park shopping centre and newly built Bunnings, you won't want to miss this fantastic opportunity to buy into this thriving, family friendly suburb.
More reasons why you'll love this home:
* Multiple living areas
* Versatile floorplan 3KW solar system
* Reverse cycle ducted air conditioning
* Outdoor entertaining
* Large yard
* Built in robes
* Stainless steel appliances
* Double garage
* Alarm system
* Temperature controlled water system
* Garden shed
* Roller shutters to all windows
* North facing rear
Listing description written by Josh Gillespie, Ray White Unley — reproduced as published, not verified by Districts.