Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton South › Codrington St
$622,000
Last sold
28 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
350 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
$622,000
28 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton South (last 5 years) with land size have a median of $1,014/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Melton South
+6.8%
Median sale
Suburb $582,500
-0.25 pp
Gross yield
Suburb 3.97%
Suburb median $582,500 from 165 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 $445/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 South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Spot On Real EstateSpot On Real Estate Proudly presents this immaculately built, brand new family home — offering
the perfect blend of luxury, comfort, and convenience. Set in a highly sought-after pocket of Melton
South, this stunning property features 4 spacious bedrooms, 2 modern bathrooms, and Generous
living areas, ideal for families seeking quality and lifestyle.
Built by Mimosa Homes to the highest standards, this home is a true testament to luxury
and practicality.
Premium Inclusions & Home Features
From the moment you arrive, the modern façade and exposed aggregate driveway make a
strong impression. Step inside to discover high ceilings and tall internal doors, enhancing
the sense of space throughout.
The master bedroom comes complete with a private En-suite and a walk-in robe, while the
remaining three bedrooms are fitted with built-in robes and share a sleek, tiled central
bathroom with a freestanding bathtub.
A formal lounge offers a quiet space to relax or entertain, while the open-plan family and
dining area connects seamlessly to the covered alfresco, perfect for indoor-outdoor living.
At the heart of the home is a designer kitchen featuring:
. 900mm stainless steel appliances
. 40mm stone benchtops on the island
. Dishwasher, rangehood, and tiled splashback
. Walk-in pantry for ample storage
. LED lighting throughout
. Evaporative cooling and ducted heating for year-round comfort
. Remote-controlled double garage
. Fully landscaped front and backyard
Outstanding Location & Nearby Amenities::
This home offers unbeatable convenience, located just a 5-minute walk to Opalia Plaza,
where you’ll find cafes, retail stores, medical clinics, and gyms.
Enjoy easy access to both Melton and Cobblebank Train Stations, with V-Line express
trains reaching Southern Cross Station in just 30 minutes. The Western Freeway and
Ring Road are also close by, ensuring a smooth commute to the CBD or airport.
Families will love the close proximity to:
. Melton South Primary School
. St Anthony’s Primary School
. Strathtulloh Primary School
. Bridge Road Kindergarten (only metres away)
. Kool Kidz Melton South (less than 1km away)
For shopping and leisure, you'll enjoy quick access to:
. Cobblebank Village Shopping Centre
. The Place Cobblebank
. Upcoming Melton Hospital (just 5 minutes away)
. Cobblebank Stadium, Toolern Creek, and Melton Weir
. 100-hectare regional parklands, bike tracks, wetlands, and more
. Wilton Fields Park, gyms, fitness facilities, golf course, and a wide range of sports
ovals and courts
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent *Images for illustrative purposes only*.
Listing description written by HONEY MADAN, Spot On Real Estate — reproduced as published, not verified by Districts.