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 › Morgan Ave
4
Bedrooms
2
Bathrooms
3
Car spaces
702 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 UnleyCONTRACTED AT AUCTION
Welcome to timeless elegance In the heart of Melrose Park! Nestled on an expansive 700 sqm (approx) allotment, this home blends sophistication, contemporary style, and spacious living. Perfectly positioned off Winston Avenue, surrounded by a vibrant selection of trendy cafes and restaurants, this home offers the ultimate family-friendly lifestyle!
As you approach, the perfectly landscaped front yard and contemporary facade offers a glimpse of the beauty to follow. Step inside, where the premium engineered oak flooring flows effortlessly throughout the spacious, light-filled open-plan living, dining, and kitchen areas.
The heart of this home is a true masterpiece, thoughtfully designed and impeccably finished. The kitchen showcases sleek black matte cabinetry, stunning stone benchtops, and high-quality appliances that elevate both style and functionality. Modern lighting fixtures add a charming touch, illuminating the open layout for hosting family and friends.
For the connoisseur, a wine rack feature wall serves as a sophisticated focal point. Step into the lavish master bedroom; a private sanctuary radiating stylish charm. The expansive walk-in wardrobe and luxurious ensuite promise an unparalleled level of luxury, complete with floor-to-ceiling tiling and the finest neutral finishes throughout.
Embrace the ultimate indoor-outdoor lifestyle, as sliding glass doors gracefully lead you to the expansive backyard. This serene outdoor retreat features a spacious deck and a sheltered alfresco area, creating the perfect setting for year-round entertaining. The property includes a versatile shed or granny flat, complete with a kitchenette and a nearby private toilet; perfect for accommodating guests or creating an office retreat.
A dream home for families, surrounded by quality schooling opportunities including zoning for Unley High School and just a short drive from Cabra Dominican College. Edwardstown Primary School is also nearby, with Castle Plaza just around the corner. You will love joining the vibrant, family-friendly community around Winston Avenue, with endless trendy cafes and specialty shops to explore on the weekends! Welcome to your new chapter of effortless living!
More reasons to love this home:
- Expansive Torrens titled 700sqm (approx) allotment
- Bright and airy open-plan living, kitchen, and dining area
- Sophisticated kitchen with dark accents, modern lighting fixtures, and premium appliances, including a Miele dishwasher, Electrolux oven, double sink, gas cooktop, stone benchtops, and sleek black matte cabinetry
- Convenient butler's pantry/laundry with a walk-in linen cupboard
- Luxurious master suite with a spacious walk-in wardrobe and an opulent ensuite
- Additional bedrooms, two featuring built-in wardrobes
- Versatile layout offering 5 bedrooms, or 4 bedrooms and a separate living/study
- Thoughtfully designed 3-way bathroom featuring a freestanding bathtub
- Premium engineered oak flooring throughout
- Stunning frosted glass windows in the hallway allow soft natural lighting to flow inside
- Efficient ducted reverse cycle air-conditioning with 5 separate zones
- 9.9kw of solar panels and a Tesla Powerwall, ensuring energy efficiency
- Versatile shed/granny flat with a kitchenette and toilet
- Garage and carport + two secure lockable storage sheds
- Landscaped front and rear yards
- Tranquil rear yard enhanced by bamboo screening for added privacy
- Advanced Wi-Fi-controlled irrigation system
- Entertainer's dream with an undercover alfresco area, complete with a Merbau deck, wet-laid stone pavers, and a built-in BBQ
- Effortless indoor-outdoor living with sliding glass doors leading to the expansive backyard with a decking area perfect for entertaining
- Elegant wine rack feature wall
- Located in a friendly, family-oriented neighbourhood, surrounded by parks and reserves
- Just a short drive to Pasadena Foodland or Mitcham Square Shopping Centre
- Zoned to the highly regarded Unley High School
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.