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 › Edward St
4
Bedrooms
1
Bathrooms
3
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 UnleyThis majestic circa 1910 Villa with a character stone facade and its tessellated tiled verandah rests on 705 sqm of beauty. Lined with glorious ornamental plum trees, lush green grass and a character hard to beat.
Inside the solid Oregon-wood door lay beautiful timber floors, 11' high ceilings and a central hallway to impress. To the left and right you will appreciate the generous doubled size bedrooms with soft grey curtains and tasteful light fittings.
Further down to the left the open lounge room adorns the same soft curtains and light fittings and is large enough for any family to enjoy. Opposite you will find the Master bedroom with beautiful double hung red cedar windows and a built-in wardrobe from wall to wall. Then, walk through the quaint bi-fold doors and off the kitchen another room awaits with a wall-to-wall wardrobe offering an abundance of storage.
The custom-built Alby Turner kitchen stands with grandeur and boasts a Caesar stone benchtop, soft-touch drawers, generous pantry, bench space and overhead storage. With a gas cooktop, an electric oven and a new Bellini dishwasher, it would please any large family or budding chef.
Displaying the latest Archie vanity unit from Reece and designed by Alisa and Lysandra this very large light and bright bathroom invites you to relax in the bath that becomes a spa at the press of a button.
The laundry may be small but highly functional. No more dirty washing in view when you have drawers designed for it to be hidden. With its solid wood benchtop, corner sink, broom cupboard and extra storage it will pleasantly surprise.
Entertain in your spacious dining room or open the double red cedar doors and party under your Lysaght pergola with laser-light roofing or just unwind admiring the stunning green garden wall or the calming landscape knowing you have found your forever home. Whether it is cooking up a storm with your freshly picked herbs or tinkering in the shed there is plenty to enjoy.
This stunning home offers a rare character opportunity & a lifestyle too enticing to pass-over. Nearby to highly desirable primary schools, childcare centre, a diverse medical centre and Castle Plaza a stone's throw away and just ten minutes from the City, Flinders or Glenelg.
This rare immaculate condition find in Melrose Park comes with 5KW solar, an automated watering system, instant ducted gas heating, an alarm system, security cameras and reverse cycle air-conditioning in the living area. Close to buses, tram and train stops and an extensive variety of shops and services for your convenience.
Features we love about this home:
- High ceilings and original timber flooring
- Large room proportions and light filled interior
- Spacious main bathroom and functional laundry
- Great family kitchen with quality appliances
- Large outdoor entertaining area with impressive pergola
- Large driveway with room for boats, trailers and caravans
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
Listing description written by Robbie Smith, Ray White Unley — reproduced as published, not verified by Districts.