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 › Stewart Cres
4
Bedrooms
3
Bathrooms
3
Car spaces
846 m²
Land
183 m²
Building
Districts View
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.
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
UnknownNearby 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.
Area
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 Ray White Canberra*** Please go to https://raywhitecanberra.com.au/watch-our-auctions-live to watch the auction ***
In accordance with ACT Government health guidelines, one on one inspections for Residential property will be allowed to commence at 11.59pm on Friday, 17th September 2021. To book an appointment please contact the agent.
Separating this home from the rest is the versatile multi-purpose room. Complete with kitchenette, bathroom, laundry tub, a private entry with wheelchair access and the option to have it shut off from the rest of the home or connected. No matter your profession or requirements, be it a home salon, massage parlour or merely a segregated office to see clients, this home can accommodate. The space could also be the perfect office, homework space, rumpus room, guest accommodation or extra lounge room, the possibilities are endless!
This beautifully presented and modernised 4 bedroom home is bound to impress. Perfectly pocketed in the peaceful neighbourhood of Melba everything you need, including schools, shops, ovals, parks and public transport, is conveniently located nearby.
Internally, you will find a functional floor plan boasting a light-filled and airy open-plan design. The stylish galley kitchen, boasting skylights that create a warm and sun-drenched environment, is also complete with quality electric appliances and ample storage, everything you need to prepare a delicious meal for the whole family to enjoy. The adjoining lounge is complete with windows on three walls, creating the perfect environment for your morning coffee or winding down after a long day. The master bedroom, light-filled and spacious, boasts a large built-in robe and contemporary ensuite. The 3 additional bedrooms, also equipped with built-in robes, are serviced by the 2 main bathrooms which are complete with quality fixtures and fittings.
If you thrive on outdoor entertaining, rest assured there is ample opportunity here. With your choice of a north-facing covered courtyard or the rear covered deck, hosting family and friends all year round will be a breeze. Surrounded by the beautifully established lawn and gardens including a raspberry patch and two wooden garden boxes you will be the envy of everyone who sees it.
This is a genuinely unique opportunity and one you don't want to overlook. We encourage you to get in touch and register your interest now.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION FRIDAY, 8TH OCTOBER AT 2:15PM.
Features:
Recently modernised 4 bedroom home
Spacious 845m2 corner block with front and side access
Large and airy kitchen with modern cupboards offering ample storage and quality electric appliances
Light-filled lounge
Master bedroom with generous built-in robe and modernised ensuite
3 additional bedrooms with built-in robes
2 well-appointed main bathrooms with modern fittings and fixtures
Multipurpose room with a wide range of potential uses
Ducted gas heating throughout
Reverse cycle air conditioning to lounge and multipurpose room
Large laundry room with ample storage and external access
Double glazed windows
Sun-drenched entertaining courtyard/deck that is north facing
Beautifully established gardens including lawn, a raspberry patch, two wooden garden boxes
Rear covered deck
Detached double garage with power and lights
Covered 1.5 carport
Additional off-street parking for 3 cars
Side access perfect for a trailer or caravan
Colorbond fencing
Quiet neighbourhood with lovely neighbours
Close proximity to schools, shops, parks, ovals and public transport
Approx 10 minutes to Belconnen Town Centre
Stats:
Build: 1972 approx
Block: 846m2
Internal Living: 183.57m2 approx
Courtyard/deck: 63m2 approx
Rear Deck: 17m2 approx
EER: 2.5
UV: $366,000
Rates: $2,570 pa
Land Tax: $3,595 pa
Listing description written by Jake Battenally, Ray White Canberra — reproduced as published, not verified by Districts.