Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton West › Gleneagles Dr
4
Bedrooms
2
Bathrooms
2
Car spaces
996 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 Melton West (last 5 years) with land size have a median of $926/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 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 $451/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
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?
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
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Reliance Real Estate MeltonGrand Family Living on 996m² – A Rare Offering in Melton West
Reliance Real Estate Melton proudly presents this beautifully maintained and generously proportioned family home, set on an expansive 996m² (approx.) allotment in the heart of Melton West – a true gem in a tightly held, family-friendly pocket.
Perfectly positioned within walking distance to schools of all levels, childcare, parks, public transport, and just minutes from Woodgrove Shopping Centre and easy freeway access, this home offers both lifestyle and convenience.
Solidly built and immaculately cared for, this warm and welcoming residence boasts:
- A spacious formal lounge upon entry, perfect for relaxing or entertaining.
- A light-filled master suite complete with walk-in robe and private ensuite.
- Three additional generous bedrooms, including a supersized fourth bedroom with its own retreat/study area.
- A centrally located bathroom with a separate toilet servicing the family.
- An expansive kitchen at the heart of the home featuring gas cooktop, wall oven, dishwasher, corner pantry, and abundant bench and storage space.
- A massive open plan family/meals area, seamlessly flowing to a huge rumpus room with reverse cycle split system – ideal for growing families.
Step outside to your ultimate entertainer's backyard, featuring:
- A massive undercover pergola, perfect for year-round gatherings.
- Expansive lawn space for kids and pets to play freely.
- Double-car garage with drive-through access plus potential side access – ideal for trailers, boats, or caravans.
Additional features include:
- Brand new carpets and fresh paint throughout
- Ducted heating, evaporative cooling, multiple split systems & ceiling fans
- Solar panels for energy efficiency
- Ample storage, quality fixtures, and more!
Homes of this size, condition, and landholding are rarely available – don't miss this golden opportunity.
📞 Contact Shubham Rana today on 0424 070 420 to arrange your private inspection.
Photo ID required at all open for inspections.
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor, agent, or agency.
Listing description written by Shubham Rana, Reliance Real Estate Melton — reproduced as published, not verified by Districts.