Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
ACT › Melba › Grainger Circuit
3
Bedrooms
1
Bathrooms
0
Car spaces
680 m²
Land
817.547 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 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
ACTPlanning 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker KaleenAuction 25th September at our LJ Hooker Auction Event at Coco Republic
148 Bunda St, Canberra ACT 2601
Welcome to an incredible opportunity for first-home buyers, downsizers, and investors to purchase a piece of paradise in the sought-after suburb of Melba. This charming property boasts three generously sized bedrooms, offering ample space for comfort and relaxation. The well-appointed bathroom is both stylish and functional, catering to the needs of modern living.
The heart of the home is the large lounge room, which seamlessly flows into the dining area and the spacious kitchen. The kitchen is a delight, overlooking a beautiful, large grassy backyard - a perfect haven for children and pets to play. This outdoor space is also ideal for entertaining guests, hosting family barbecues, or simply enjoying a quiet afternoon in the sun.
For those with a vision, this property presents endless possibilities. You can choose to fully renovate and modernize the existing structure or knock it down and rebuild your dream home from the ground up. The generous land size and favourable layout provide a solid foundation for creating a personalized living space that meets your unique needs and desires.
Location is a standout feature of this property. Melba is renowned for its community atmosphere and convenient amenities. Enjoy the tranquillity of nearby walking trails, perfect for morning jogs or leisurely strolls. Families will appreciate the proximity to quality schools, ensuring educational needs are well catered for. The local cafes down the road offer a delightful spot for weekend brunches or catching up with friends.
Just a five-minute drive away, you'll find Kippax Fair, a bustling shopping centre with a variety of stores, services, and dining options. Additionally, the property is close to Belconnen Proper, providing even more shopping, entertainment, and recreational facilities. The combination of suburban serenity and urban convenience makes this location truly unbeatable.
Don't miss out on this fantastic opportunity to secure a versatile and inviting property in Melba. Please give Lukas Cole at 0432 289 618 or Maxwell Jensen a call at 0402 778 603 for further information or to schedule a private inspection.
Features:
- Great block
- Three bedrooms
- Grassy flat backyard
- Garden shed
- Close to schools
- Vacant possession
- Good size kitchen
Rates: $3,017 pa approx
Land Tax: $4,500 pa approx
EER: 3.0
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Listing description written by Lukas Cole, LJ Hooker Kaleen — reproduced as published, not verified by Districts.
Nearby 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. This jurisdiction has no comparable official bond series in the free set.
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.