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 › Winston Ave
$1,010,000
Last sold
6 Dec 2025
4
Bedrooms
1
Bathrooms
6
Car spaces
747 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
$1,010,000
6 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Melrose Park (last 5 years) with land size have a median of $1,496/m² of land (n=45). 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.
Vs Melrose Park
-12.2%
Median sale
Suburb $1,150,000
+0.37 pp
Gross yield
Suburb 2.62%
Suburb median $1,150,000 from 17 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
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 Harcourts SheppardUp to 5 BR home with loads of off-street parking.
Attractive multiple bedroom home with a superb frontage of 20.6 metres, allowing for 2 driveways, one either side of the home. This is particularly handy for those with a busy lifestyle, to duck in and out in a breeze. And for those with a trailer, trade vehicle or caravan.
Furthermore, there is a double carport plus under-cover parking for many vehicles beyond that. The double garage has been converted to a rumpus room, but could easily be used as a garage if returned to its original use.
The home has been disposed as 5 bedrooms in a previous life, and offers much versatility for you to utilize to fit in with your lifestyle.
You enter the home through a separate entrance. The living space is large - the kitchen is a good size, offers loads of cupboards and drawers plus gas cooking and beyond that there is a dining room and a lounge/living room adjoining it.
For those who love to play, the separate rumpus room will come in very handy!
The property will respond well to further updating in time, both inside and out.
Melrose Park is a very convenient position. Just 9 km's to the city - an easy drive or quick bus trip, and beach life is not that far either. Major shopping is close by including Castle Plaza Shopping Centre, Pasadena shopping complex, Big W/Woolworths Cumberland Park and Mitcham Square Shopping Centre. Good schooling nearby, cafe's and coffee shops also.
Within Melrose Park is Kegworth Reserve, Alexander Ross Reserve and Rozelle Reserve which features a new playground, barbecue, picnic table, and bike path, enhancing the park's appeal for families and outdoor enthusiasts.
156 Winston Av. in a nutshell:
* Apx. 40 solar panels - $ave
* 2 remote-controls for the carport roller door
* Near-new ducted air-conditioning
* Dishwasher
* Lots of bedroom options
* Rumpus room (converted garage)
* 20.6 m frontage - a generous 747 sq m in total
* Dual driveway access
* Under cover parking for multiple vehicles
* For the gardening enthusiast, there is a glasshouse
* Walking distance to public transport
* Every amenity is close by.
A great opportunity for the right buyer - and that's you, isn't it!
Auction 6th December at 1.30 p.m. unless sold prior. $850k
Disclaimer: The information contained in this listing has been obtained from sources considered reliable. However, no guarantee is provided as to its accuracy, and no responsibility is accepted for any errors or omissions, including (but not limited to) details relating to land size, floor plans and measurements, building age, or condition. Interested parties are encouraged to conduct their own investigations to verify the information provided. If this property is scheduled for auction, the Vendor's Statement will be available for inspection at our Harcourts Sheppard office for three consecutive business days immediately prior to the auction and at the auction for 30 minutes beforehand. RLA 324145
Listing description written by Stephen Venn, Harcourts Sheppard — reproduced as published, not verified by Districts.