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 › Ayers Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
722 m²
Land
278 m²
Building
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
UnknownArea
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 February 10:00am
Nestled on an expansive 722 sqm (approx) of beautifully landscaped grounds, this stunning home embodies modern living at its finest. Thoughtfully renovated from start to finish, it combines luxurious finishes with practical design, ensuring a lifestyle of both elegance and ease. Positioned perfectly between the CBD and the Sea, in one of Adelaide's most family-friendly neighbourhoods.
Step inside, and you'll be immediately impressed by an open-plan living area that invites both relaxation and entertaining. The space is bathed in natural light, with the generously sized living and dining areas flowing effortlessly into the gourmet kitchen - an entertainer's dream. Featuring stone benchtops, a sleek gas cooktop, and plenty of storage space, the kitchen is designed for both functionality and beauty, keeping everything neat and tidy all year-round.
The master suite is a private retreat, complete with a spacious walk-in robe and a luxurious ensuite. Three additional bedrooms offer flexibility for family, guests, or a home office - all filled with natural light and designed for comfort. The main bathroom is equally impressive, with a bathtub, dual vanity, and a rainfall shower - the perfect spot to unwind after a busy day.
Step outside, and you'll find your very own slice of paradise. The expansive decking area with an elegant pergola is perfect for alfresco dining, whether it's a casual barbecue or a formal gathering. The lush lawn provides a wonderful space for children to play, pets to roam, or for you to simply relax and enjoy the peaceful surroundings. Mature ornamental plum trees line the back fence, offering natural beauty, shade, and privacy.
Location is everything, and this home certainly delivers. You'll find Castle Plaza Shopping Centre just a short stroll away, offering all your shopping, dining, and entertainment needs. Winston Avenue's trendy cafes and restaurants are also within walking distance, perfect for casual weekend outings or catching up with friends. The property is also close to excellent schooling opportunities, making it the ideal choice for families.
This is more than just a home; it's a place where memories will be made.
Don't miss this rare and exclusive opportunity!
More reasons to love this home:
- Torrens title build on 722 sqm (approx)
- Smart intercom and security system for peace of mind
- Fully fenced property for added privacy
- Landscaped, neat and maintained front and rear yards
- New European Tilt Turn double glazed windows
- New Rockwool wall insulation, new ceiling insulation and a new large storage attic ladder and a new roof
- Hybrid floating floorboards throughout and modern downlights
- Open-plan, light-filled living, kitchen and dining area
- Contemporary kitchen with quality appliances; gas cooktop, stone benchtops and a pantry
- Master bedroom with a spacious walk-in robe and modern ensuite
- Three additional spacious bedrooms
- Main bathroom with bathtub, dual vanity, and a rainfall shower
- Laundry with rear access
- Expansive decking area with pergola for entertaining
- Spacious lawn area, ideal for children and pets
- Mature ornamental plum trees lining the back fence
- Single garage + Double carport
- Ducted A/C + Split System in the main living area
- 10kW Solar System + 27kW Battery
- NBN Fibre to the premises (FTTP 1000/400)
- Walking distance to Castle Plaza Shopping Centre
- A short walk to Winston Avenue for an array of trendy Cafes and Restaurants
- Located between the CBD and the Sea
- Nearby Edwardstown and Colonel Light Gardens Primary Schools as well as Unley and Mitcham Girls High Schools
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. If this property is to be sold via auction the Vendors Statement may be inspected at 80 Unley Road, Unley for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 276447.
Listing description written by Robbie Smith, Ray White Unley — reproduced as published, not verified by Districts.
Nearby 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.