Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton West › Ridgeway
$575,000
Last sold
17 June 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
440 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
$575,000
17 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton West (last 5 years) with land size have a median of $922/m² of land (n=151). Districts calculation from recorded sales — not a valuation.
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Melton West
-5.7%
Median sale
Suburb $610,000
+0.24 pp
Gross yield
Suburb 3.84%
Suburb median $610,000 from 111 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 $451/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 West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA MeltonWelcome home to 14 Ridgeway in Melton West! Situated in the wonderful Westlake estate, sitting across the road from a playground which is recently undergone a massive upgrade. The property is also close by to all amenities including schools of all levels, parks, walking tracks, Woodgrove Shopping Centre and easy access to the Western Freeway. This property provides the opportunity for any astute buyer to secure a premium property in a sought after area!
As you enter the front door you will immediately notice the upgrades that have been crafted to enhance the charm of the property including the high ceilings, Victorian styled cornicing and skirting boards and the upgraded flooring. The three bedrooms this property has to offer are all located off the main hallway, the front two boast plantation shutters while the master bedroom which features a split system for total climate control and a convenient his/hers walk through robe that leads you to the outstanding two way bathroom. The bathroom has been tastefully renovated with a gorgeous herringbone tiled feature wall, porcelain tiling, stunning feature bath with upgraded taps, floating vanity with stone bench top, and a large shower with double shower head.
Further along the hallway you will also find the stunning laundry which boasts built in cabinetry, stone bench top, floor to ceiling porcelain tiling and an attic ladder boasting more storage. The heart of the home opens up into a large open plan living area which showcases an outstanding dining and living area, perfect for any growing family. This is overseen by the gorgeous kitchen which boasts stone bench tops, ample bench and cabinetry space, under mount larger sink, upgraded tap ware and stainless steel appliances creating the ultimate chefs paradise.
This all culminates into the outdoor pergola area, which features a built-in outdoor BBQ, down lights, diamond cut concrete. The pergola is overlooking the generously sized grassed area with ample space for kids and pets alike to run and play with garden beds surrounding the space. Drive through access from the carport is further complimented by a second pergola, making it the perfect space for additional cars, caravans or trailers while the garden shed is perfect for the garden tools.
Extra special features include; evaporative cooling, two reverse cycle split systems, higher ceilings throughout, plantation shutters to the front of the home, floorboards throughout, upgraded bathroom and kitchen areas, open plan living, carport with remote controlled roller door, park facing and so much more!
Don't miss your opportunity to purchase a stunning property in a sort after area, call Shane Spiteri today on 0488 980 115 to avoid disappointment!
(Photo ID is Required at all Open For Inspections)
At YPA Melton “Our Service Will Move You”
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
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Listing description written by Shane Spiteri, YPA Melton — reproduced as published, not verified by Districts.