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
2
Bathrooms
4
Car spaces
705 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 UnleyAuction Saturday 8th September 10:30am (USP)
Meticulously renovated from top-to-toe, this magnificent home has been finished to perfection and must be seen to be appreciated.
At first turn, discover the luxurious master suite; home to an impressive walk in robe and super-stylish ensuite. A light-filled formal living area sits adjacent to the master bedroom at the front of the home.
Delve deeper to discover another 3 well-proportioned bedrooms and the modern main bathroom; complete with floor to ceiling tiles and double shower head.
And when your laundry looks as good as this, doing the washing may not seem like such a chore.
Where floating timber floors meet polished concrete, you've arrived at the extravagant extension; epitomising luxury open plan living at its absolute finest.
As practical as it is seductive, the designer kitchen is headlined by an impressive stone island bench and complete with quality AEG stainless steel appliances and an abundance of storage and bench space - leaving the chef plenty of space to create.
This lavish space boasts a party capacity of at least 100 people, and that's before you've even stepped outside
Not to be outdone by the luxurious rear extension, the outdoor entertaining area is something special! Featuring polished concrete floors and lofty ceilings with downlights and fans, and just like that, your party capacity doubles!
This home is sure to leave a lasting impression, a true entertainer's delight. Thanks to the major renovations completed throughout the entire home, the stage is set for a turnkey lifestyle of luxury.
More to love:
* Contemporary rendered facade
* Re-roofed in Colourbond steel
* New Pink Bat Insulation throughout
* Landscaped garden
* Mitsubishi electric inverter Ducted reverse cycle air-conditioning (17 kw) with architecturally inspired linear slot grilles
* Security system
* Rewired throughout
* Dual hot water systems
* NBN connected
* Wide central hallway
* Formal living room
* Feature gas fireplace in open plan living area
* Great storage throughout kitchen
* 900mm gas cooktop
* Double oven
* Provisions for wine fridge
* Integrated dishwasher
* Master bedroom and large walk-in robe featuring mirrored built in robes
* Modern ensuite with floor to ceiling tiles, temperature controlled hot water and double shower head
* Large modern laundry with sleek dark cabinetry, great storage and 3rd toilet
* Huge outdoor entertaining under the main roof
* Provisions for outdoor kitchen with hot/cold water with sink
* Provisions for outdoor gas heater
* Provisions for outdoor TV
* Great size, fully enclosed yard
* Off-street parking for up to 5 vehicles in driveway (2 securely behind gate)
Listing description written by Josh Gillespie, Ray White Unley — reproduced as published, not verified by Districts.