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VIC › Leopold › Melaluka Rd

217 Melaluka Rd, Leopold VIC 3224

House

5

Bedrooms

2

Bathrooms

5

Car spaces

4,005 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 4,005 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Leopold (last 5 years) with land size: median $1,251/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 2 (LDRZ2) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Leopold (last 5 years) with land size have a median of $1,251/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 2

LDRZ2

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • PROTECTED SETTLEMENT BOUNDARYDetected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 422791026

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown10 Mar 2020
  2. Listedprice unknowncompleted29 Nov 2019
  3. Listedprice unknowncompleted29 Nov 2019

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 2 · LDRZ2 (ZN). Official parcel area about 4,010 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.

What could kill that thesis?

Confidence: low

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 4,010 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $521/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 2 · LDRZ2 (ZN). Official parcel area about 4,010 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 4,010 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Leopold in one glance

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Keep researching

  • Why Leopold? Read the area thesis →
  • What else is on the market in Leopold →
  • Other records on Melaluka Rd →

Listing material

Listed by Bellarine Property

Stunning 5BR Home On One Acre (approx)

The Feel:

Set on a private one acre allotment bordered by established Gum Trees, this stunning 5BR home has the wow factor! Designed to take advantage of its desirable north orientation, the beautifully executed design wraps around the sunny gardens, outdoor entertaining areas and swimming pool, showcasing an unbelievably high standard in family living. A must to inspect.

The Facts:

Read the full description

-Soaring ceilings amplify the OP living, kitchen and meals

-High end apps, butlers pantry and stone benchtops within

-Complete north aspect, welcoming natural sunlight

-Dbl door access to the outdoors with built in entertaining

-Outdoor kitchen with pizza oven, bbq and wine fridge

-Solar heated swimming pool and children’s playground

-Huge master suite with WIR and five star ensuite

-3 further BRs occupy this wing, with BIRs and desks

-Privatised 5th BR with flexibility for office/gym use

-Oversized main bathroom and additional powder room

-Customised joinery throughout the entire home

-Polished concrete floors with hydronic slab heating

-R/C air conditioning acclimates the home in Summer

-Heightened ceilings and glazing amplify interior space

-DLUG and 4 bay shed to accommodate vehicle overflow

-Security system with cameras and electric gate access

-Placed to the rear, allowing privacy, peace and quiet

-A short distance to the Gateway Plaza for practical needs

-Easily accessible to public transport, schools and childcare

-A fantastic family home, simply move in and enjoy!

The Owner Loves….

“We love how our home has been designed to wrap around the beautiful north facing yard, allowing natural light and sunshine to flood the home, while being able to watch the children play outside from any room. Its very quiet and serene here, like your own private resort”.

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Listing description written by Lee Martin, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Grey Water System
  • Intercom
  • Living Areas: 3
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
  • Study
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.