Croydon at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Croydon › Melton Grove
$1,232,000
Last sold
5 Aug 2020
6
Bedrooms
3
Bathrooms
4
Car spaces
866 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
$1,232,000
5 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in Croydon (last 5 years) with land size have a median of $1,690/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Croydon at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Croydon
+35.4%
Median sale
Suburb $910,000
-0.83 pp
Gross yield
Suburb 3.16%
Suburb median $910,000 from 8 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $553/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Croydon at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Max Brown Lilydale | MontroseA lifestyle property with the lot, this sprawling 6-bedroom residence presents a life of luxury and seclusion, in a 5-star location that reaches the area's finest schools and amenities on foot.
Fronted by a rendered facade and freshly planted gardens, it has an expansive single-level floorplan that has been effortlessly extended and renovated to accommodate an expanding family.
A superior level of comfort is supplied from the outset, where six robed bedrooms (two with built-in study desks) are serviced by three lavish floor-to-ceiling tiled bathrooms with single or dual-basin stone-top vanities.
Expertly zoned for relaxation, recreation and entertaining, it showcases connecting family and rumpus rooms with twin skylights and Velux blinds, complemented by an open plan kitchen, living and dining domain with a wood log fireplace. Exquisitely appointed, the kitchen contains dual Miele ovens (one pyrolytic), a 900mm Miele gas stove with wok burner, a Miele dishwasher, Qasair rangehood, soft close drawers, metallic glass splashbacks, an auto-lit butler's pantry, Zip HydroTap (hot, cold and sparking water) plus a quartz stone waterfall-edge breakfast bar.
Flaunting an enviable indoor-outdoor flow, a large sliding stacker door opens to a covered all-seasons entertaining domain, featuring lighting, dual ceiling fans, a stacked-stone-wrapped fireplace, outdoor kitchen with a sink and 4-burner barbeque plus a Ziptrack blind.
The surrounding low-maintenance gardens form a tranquil backdrop to unwind, hosting a solar-heated swimming pool and cubby house for () family fun.
Offering something for the tradesman or car enthusiast, it boasts an internal-access remote 4-car garage with a second laundry, toilet, storage, a wood log fireplace and rear roll-through, supplemented by a gated side parking area that will easily accommodate a trailer or leisure vehicle.
A long list of quality extras add further allure, including a laundry that doubles as a drying room, dual ducted heating and evaporative cooling systems, an alarm, dual garden and firewood sheds, a 10,000L water tank, sprinklers plus liberal amounts of storage throughout.
Feature-packaged and positioned to please, this lavish family property rests within walking distance to buses, Lipscombe Park Kindergarten, trails, McAdam Square, Good Shepherd Primary School, Luther College and Yarra Valley Grammar. Only a short commute to Croydon Main Street and Train Station, Eastland and EastLink.
Listing description written by James Reich, Max Brown Lilydale | Montrose — reproduced as published, not verified by Districts.