Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
$1,285,000
Last sold
12 Oct 2023
4
Bedrooms
2
Bathrooms
5
Car spaces
788 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
$1,285,000
12 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Melville (last 5 years) with land size have a median of $2,352/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Melville
-19.4%
Median sale
Suburb $1,595,000
+0.67 pp
Gross yield
Suburb 2.75%
Suburb median $1,595,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 788 m² — that is not official geometry. 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 $844/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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 788 m² — that is not official geometry.
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. 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
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by M & M Property ConsultantsThis really is about Location !!!!! Highly sought after, rarely do properties in this super quiet family-orientated cul-de-sac come to market.
And when we talk about location this is it, stroll to the bottom of the street turn left and you are greeted by the stunning Kadidjiny Park which really is the heartbeat of the community hosting numerous events such as Night Cinema / Twilight Musical Sessions and Xmas Carols, turn right and you are at the entrance to Melville Primary School.
Also in close proximity to Melville SHS, several Private Schools, Shopping Centres, Public Transport, Parklands, Sporting Facilities the Swan River and so much more.
This very unique home offers a little bit for everyone in the family whether it be a quiet afternoon wine on the front deck with cool breezes and the afternoon sun
or views from the dining room, kitchen, and outdoor areas to the hills, what a way to start a day as the moon rises literally through your dining room window.
Then this property takes you in another direction head outside to the stunning pool area which is surrounded by a lush tropical outlook whilst also offering you views towards
the eastern scarp from various paved areas and the outdoor Bungalow which presides over the pool, this space offers you an indoor /outdoor retreat with bar facilities, roller blinds,
TV etc. and with an abundance of bird life you really could be anywhere.
Another interesting twist is provided with the Spiral Staircase which takes you downstairs to a possible wine cellar/ study and then into the 4th bedroom/games room it really is up to
your family needs as to how you best use this area.
This really is one for the family with a genuine community-minded street where neighbours care for each other, a quiet street where kids can play a thoroughfare where parents can
walk their children to and from the local primary school.
Features include:
.Master Bedroom with its own lounge retreat/office, wir , and ensuite
.2 x Good-sized bedrooms with BIR
.Downstairs 4th Bedroom / Games room + Study or wine cellar
.Fabulous Kitchen that wraps around with loads of bench space and storage
a plenty this space offers a beautiful outlook either toward the hills or overlooking
the fabulous pool area and its surrounding gardens
.Freestanding S/S 900mm oven and hotplate, S/S range hood and D/W
.Classic old-world ceilings in the front lounge
.A mixture of jarrah floorboards and African Slate throughout
.Spiral Staircase downstairs to a generous-sized limestone 4th bedroom/games room
.Decking and Paved areas to the front and rear of the house offering options galore
.Outdoor bungalow overlooking the pool with bar and entertainment facilities
.Concrete Saltwater Pool
.Downlights throughout and the house has been fully rewired
.Ducted Evap A/C
.Retic
.Instantaneous hws
.Bradford R3.5 Gold Batts Insulation
.Garden Shed. ++++
Listing description written by Kevan Sparks, M & M Property Consultants — reproduced as published, not verified by Districts.