Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
$500,000
Last sold
3 July 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
585 m²
Land
180 m²
Building
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
$500,000
3 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Melton (last 5 years) with land size have a median of $911/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
Vs Melton
-13.0%
Median sale
Suburb $574,500
+0.56 pp
Gross yield
Suburb 3.74%
Suburb median $574,500 from 110 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $413/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. 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.
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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Greystone Real EstateJunior MuBashar from Greystone Real Estate is proud to present an exciting opportunity to secure a beautifully maintained home on a generous 585m² allotment (approx.) in one of Melton's most convenient and high demand locations. Whether you're a first home buyer, savvy investor or someone searching for a property with future potential (STCA), this is one you do not want to miss.
As you arrive at the property, you are immediately welcomed by a neat and well maintained front yard, complemented by a long concreted driveway leading through to the rear garage. From the very first impression, it is clear this home has been genuinely cared for and is ready for its next owner to move straight in and enjoy.
Stepping inside, you are greeted by a spacious open living area that seamlessly flows through to the dining space, creating a warm and inviting atmosphere perfect for everyday living. Multiple windows throughout the home allow an abundance of natural light to pour into the space, while the split system heating and cooling ensures comfort all year round.
The kitchen is neat, practical and filled with natural light, featuring a built in wall oven, double sink, plenty of bench space and ample cupboard storage. The overall layout of the home feels open, functional and welcoming, making it ideal for families, couples or tenants alike.
The three bedrooms are beautifully presented with new carpets and a modern neutral colour palette, giving the home a fresh and updated feel throughout. Servicing the home is a well presented central bathroom showcasing a larger shower and stunning hardwood timber look finishes that add warmth and character. The home also features two seperate toilets, making the home even more utilised.
Moving outside, the property continues to impress with a spacious pergola area perfect for entertaining family and friends, while the huge backyard provides endless space for kids, pets and outdoor activities. Opportunities offering this much usable land and side access are becoming increasingly hard to find.
Other Features Include:
• 585m² allotment (approx.)
• 3 spacious bedrooms
• Split system heating and cooling
• New carpets throughout
• 2 toilets
• Large pergola entertaining area
• Long concreted driveway
• 3 metre side access
• Lock up garage/ Workshed
• Spacious backyard with future potential (STCA)
• Strong rental demand and impressive rental return potential
For investors, this property is an absolute standout. Located in an area experiencing exceptionally strong rental demand, this home offers one of the strongest rental return opportunities you will find around Melton. With its move in ready presentation, practical floorplan, large backyard and convenient location close to every major amenity, this is exactly the type of property quality tenants are actively searching for.
Properties offering this level of presentation, land size, rental appeal and future potential do not last long in today's market. If you have been waiting for the right opportunity to enter the market or expand your investment portfolio, this could be the one.
For more information or to secure your inspection before it's gone, contact Junior MuBashar.
A photo ID is a must for all inspections.
DISCLAIMER: All stated dimensions/areas are approximate only. All information is general only and does not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Junior MuBashar, Greystone Real Estate — reproduced as published, not verified by Districts.