Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
3
Bathrooms
3
Car spaces
818 m²
Land
352 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 Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 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
ACTPlanning 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/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 for this property. 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
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CanberraPerfectly positioned on a large 818m2 corner block bordering a quiet cul-de-sac in the sought after suburb of Melba is this well constructed and expansive 352m2 residence. Set over 2 levels, featuring multiple living spaces which are segregated to allow for comfortable generational living. This home is sure to impress!
Internally the home has an abundance of space and natural light with large windows and charming decorative detailing throughout. Offering 4 multiple living spaces for you and all your family to relax and unwind in privacy and comfort.
All 4 bedrooms are generous in size, with the master boasting its own ensuite, walk through robe and additional built in robe whilst the 3 remaining bedrooms are serviced by the 2 bathrooms, one on each level.
Outside, the home comprises of a large concrete terrace set off the main family room which is the perfect space to entertain family and friends during the warmer Canberra months. In addition, you have a covered alfresco on the lower level, terraced backyard with courtyard and enough off street parking and side access for a caravan, boat or up to 8 cars!
The oversized garage has internal access to the lower level of the home and boasts enough space for two cars and is set up for projects, with 3 phase power, built in benches and shelving and a large spanning I-beam.
With all that this home has to offer it truly is one that has to be seen to be believed. We encourage you to attend our next inspection before the opportunity to secure a unique large family residence is gone for good.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION THURSDAY, 16TH NOVEMBER - BELCONNEN ARTS CENTRE @ 6PM
Features include:
Upper level:
Master bedroom with dressing room, built in robe and ensuite
2 spacious bedrooms with built in robes
Main bathroom with separate bath and shower
North facing lounge and dining room
Spacious concrete terrace off the family room
Kitchen appliances include: electric & gas cook-top, double electric oven and Bosch dishwasher
Laundry with access to the rear stairs
Decorative cornices and ceiling rosettes
Cloak cupboard
Ducted evaporative cooling and gas heating
Lower level:
Kitchenette with sink and storage
Rumpus room
4th bedroom with built in robes
3rd bathroom with shower, vanity and toilet
Large Multi-purpose room/gym/family games area or mancave
Storage under concrete stairs suitable for use as a wine cellar
Over-sized double garage with remote control roller doors
3 phase power outlet and built in work benches and shelving
Extra storage
Side access for boat, trailer, caravan and cars
Large driveway which could accommodate up to 8 cars
Ducted reverse cycle cooling/heating
Construction:
2 story residence
Truss roof framing
Hebel blocks and brick cavity walls
Suspended concrete slab and concrete slab on ground
3KW of solar panels on the roof will reduce electricity bills, but the lower level is naturally cool because it is partly below the front ground level..
Stats:
Build: 2002
Block: 818m2
Upper living: 176m2
Lower living: 109.1m2
Total living: 285.1m2
Garage: 66.9m2
Total: 352m2
EER: 4
Listing description written by Jake Battenally, Ray White Canberra — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
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.