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
3
Bedrooms
1
Bathrooms
6
Car spaces
725 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 REAL Estate Agents Group PlymptonSuperbly located in one of the beautiful tree lined avenues in Melrose Park, only minutes from popular cafes, boutique shops and not far from the city, schools, major shopping centres and public transport, this home really is a hidden treasure!
This unique home is priced very competitively and represents exceptional value for money!
The owners have been most realistic in setting their reserve price at only $645,000. Therefore the BEST OFFER (with most favourable conditions) received at this price or above by 1:00pm on MONDAY 24th SEPTEMBER will buy. However early offers are welcome.
Privately tucked away behind a rendered wall, this wonderfully appointed family home boasts many surprises and unique floorplan offering an ease of living lifestyle and hassle-free entertainment in mind.
Freshly painted inside and out, there is simply so much to love about this home:
* Large formal lounge & dining room with striking ‘Queensland Brushbox' timber flooring. This area opens out to a secluded front courtyard—the perfect spot for pre-dinner drinks on a balmy summer evening.
* 3 large double bedrooms (one with built-ins), master bedroom opens out to the lovely rear garden
* North facing rear family room featuring exquisite Oak timber wall unit, together with inviting open fire and comfort of reverse cycle airconditioning
* 3 sets of double, Western Red Cedar 'French' Doors leading to a choice of outdoor areas
* Functional central kitchen with dishwasher & gas cooker
* Large central bathroom with spa bath, separate shower and toilet
* Large, paved outdoor entertainment area with purpose built BBQ and traditional brick wood- fired Pizza Oven - the house warming will be enjoyed by everyone out here!!
* Undercover, secure carport for 2 vehicles with auto tilt door plus extra parking for 3 more in driveway
* Separate, lockable and fitted-out workshop/garage with separate storage area
BONUS!! 5kw Solar system with 24 panels offering an amazing rebate saving owners hundreds of dollars over the years!!
All this and more and set on a delightfully landscaped, north facing 725sqm allotment boasting a safe, secure area for kids, pets and the family to enjoy.
Make no mistake; we expect this property to sell very quickly especially given the overall quality, the overwhelming number of features on offer and its very attractive price.
This property is one of Melrose Park's real gems!
Listing description written by Leann Selfe, REAL Estate Agents Group Plympton — 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.