Broadmeadows at a glance
13,689
People
$672,500
Median sale
$484/wk
Median rent
3.74%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
VIC › Broadmeadows › Martell St
4
Bedrooms
1
Bathrooms
2
Car spaces
704 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 Broadmeadows (last 5 years) with land size have a median of $1,020/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Broadmeadows at a glance
13,689
People
$672,500
Median sale
$484/wk
Median rent
3.74%
Suburb gross yield
Median sale from 42 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
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 $484/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
UnknownArea
Broadmeadows at a glance
13,689
People
$672,500
Median sale
$484/wk
Median rent
3.74%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Pascoe ValePlease Note: ID is required upon entry at all inspections
Set on a substantial corner allotment of approximately 704 m2 in a highly convenient Broadmeadows location, this original brick residence presents an exciting opportunity for homebuyers, investors, and developers looking to secure a property with exceptional upside. Offering immediate functionality and enormous scope to enhance, the property provides the perfect platform to create something truly special.
Positioned on a generous parcel of land, the home offers a traditional floorplan with multiple living areas, generous accommodation, and plenty of outdoor space. Whether you're looking to refresh and personalise, add value over time, or explore future development opportunities (STCA), this is a property that rewards vision.
Property Features
Four well-proportioned bedrooms
Spacious lounge
Separate family/living area
Expansive backyard with plenty of open space
Side access and off-street parking
Solid brick construction
Highly desirable corner allotment
Excellent renovation, extension, rebuild, or redevelopment potential (STCA)
Inside
It offers a practical and flexible layout that can be enjoyed as is while providing ample opportunity to modernise and add your own style. Multiple living areas create flexibility for families, while the generous proportions throughout provide a solid foundation for future improvements.
Outside
The real highlight is the impressive corner allotment, offering outstanding flexibility and future possibilities. The expansive outdoor space provides room for entertaining, extensions, landscaping, or potential redevelopment (STCA), making it an appealing option for a wide range of buyers.
Location & Amenities
Conveniently located close to everyday essentials, you'll enjoy easy access to:
Broadmeadows Central Shopping Centre
Broadmeadows Train Station and public transport options
Local schools and childcare facilities
Parks and recreational reserves
Kangan Institute
Melbourne Airport
M80 Ring Road and Hume Freeway
A Rare Opportunity in a Growing Location
Corner allotments of this size and position are becoming increasingly difficult to secure. With strong land value, exceptional future potential, and a location that continues to attract buyers and investors alike, 2 Martell Street presents a fantastic opportunity to secure your place in one of Broadmeadows' most accessible pockets.
Unlock the potential and capitalise on the possibilities.
All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Vince Carnevale, Ray White Pascoe Vale — reproduced as published, not verified by Districts.
Victoria 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.