Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
$2,500,000
Last sold
21 Aug 2024
5
Bedrooms
3
Bathrooms
6
Car spaces
842 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
$2,500,000
21 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Melville (last 5 years) with land size have a median of $2,301/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Melville
+56.7%
Median sale
Suburb $1,595,000
-0.99 pp
Gross yield
Suburb 2.75%
Suburb median $1,595,000 from 30 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 842 m² — that is not official geometry. 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 $844/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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 842 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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. 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
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One ResidentialWHAT DREAMS ARE MADE OF!
Every once in a while, there is a home that just stands out from the pack. A home which can make everything else pale into the horizon.
21 McCoy Street, Melville is truly one of those rare gems. This superbly crafted masterpiece constructed by local boutique builder will simply take your breath away.
Positioned on an 842sqm GREEN TITLE corner block, the views from the second level of this Hamptons Style residence are absolutely breathtaking. The elevation and corner position of the block will ensure the views remain uninterrupted for years to come.
This exquisite home has been renovated with endless thought and planning resulting in a true multi-generational family home with fabulous living zones and touches of luxury throughout.
Oozing an understated sense of style and quality, this architecturally crafted home has the perfect north facing orientation and has been designed to utilise natural light throughout.
This home would also be ideal for those seeking great parking options, with a double lock up under croft garage plus an additional driveway large enough to accommodate 4 cars, a caravan or a boat.
The entrance to this charming home leads you through a manicured front garden to a classic front porch where you really start to feel the elevation of the property. Step inside and be blown away by the high ceilings, high quality finishes and large rooms.
The main centrepiece of the home is on the upper level with a stunning kitchen beautifully finished with quality appliances, whilst the living and dining area flow effortlessly out to a massive alfresco, the perfect spot for entertaining guests all year round. The owners have also installed a Dumbwaiter to ensure the shopping can be directly delivered to the kitchen rather than carrying it up the staircase.
The master bedroom is located on the first level and offers an ideal parents retreat, featuring a massive walk-in robe, built in dressing table and luxurious ensuite. The other bedrooms are all well sized, and are serviced by immaculately finished bathrooms.
KEY FEATURES INCLUDE:
- 5 bedrooms, 3 bathrooms plus powder room
- Multiple living areas
- Home office
- Kitchen scullery
- Lock up garage with store room and Dumbwaiter to kitchen
- Grassed sections at front and rear
- Mature trees & fully landscaped
- 842sqm GREEN TITLE corner block
SPECIFICATIONS INCLUDE:
- Brushed gold Phoenix tapware
- Quality Italian tiles
- New Saviour Limestone benchtop
- In built 'Dumbwaiter'
- Newtech wood composite decking (ideal for indoor/outdoor living)
- Engineered oak timber flooring
- Commercial grade window frames throughout
- Neff Kitchen appliances & Schweigen range hood
- Custom designed joinery
- Fully reticulated gardens and lawns
- Honed concrete drive way
- 3 phase power
- Daikin ducted air conditioning
- 6.6kw solar system (5kw inverter)
This exquisite family residence has just been completed. This is an incredible opportunity to secure a one of a kind property. You absolutely must see it for yourself!
Contact Exclusive Listing Agents MICHAEL JENNINGS & ANNA KENNELLY.
Disclaimer:
* The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Michael Jennings, One Residential — reproduced as published, not verified by Districts.