Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Newtown › Melville Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
760 m²
Land
Districts View
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 Newtown (last 5 years) with land size have a median of $2,193/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8
NRZ8
Jurisdiction
Greater Geelong
Greater Geelong, VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 762 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 762 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $500/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 762 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 762 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownSet on an elevated block in a tightly-held Newtown enclave, this architecturally designed multi-level home captures expansive and breathtaking views across the Barwon River, Queens Park and beyond.
Rich timber floorboards and square set ceilings enhance the timeless interiors, while a vaulted ceiling in the family living area further amplifies the sense of space. Oversized windows frame the surroundings from every angle and allow an abundance of natural light to filter through. Open-plan living lies at the heart of this family home, which seamlessly flows out to an extensive balcony where you can enjoy the magnificent views. A formal sitting room just off the entry reveals a relaxing space for moments of quiet repose and features sliding doors onto a private deck that basks in the morning sunshine.
A dedicated parents' wing incorporates a functional home office, a master bedroom that includes a walk-in robe and an ensuite with an indulgent bath. It also boasts direct access to the balcony, where you can take in the sweeping views.
Walk to the scenic Barwon River and enjoy the riverside walking trails and bike tracks. Close proximity to Queens Park Golf Course will suit golf enthusiasts. Within walking distance to both The Geelong College Prep School and St. Joseph's College, with additional schools close by. Only a short drive to the cafes and boutiques along Pakington Street and approximately 10 minutes into the CBD. Nearby access to the Ring Road keeps you easily connected to Melbourne and the Surf Coast.
- Occupies 760m2 (approx.) in sought-after Newtown enclave
- Kitchen with St. George electric cooktop, Chef oven, De'Longhi dishwasher
- Three bedrooms downstairs all have direct access onto deck
- Main bathroom features a relaxing bathtub
- Spacious laundry has excellent storage and external access
- Gas heaters, split system air conditioner, ceiling fans
- Security with Keycoded gate access
- Generous studio space and separate storage shed
- Established landscaped gardens
- Double carport with built-in storage
Listing description written by Jim Cross, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.