Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
VIC › Brookfield › Mallow St
$549,000–$599,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
400 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
Asking
$549,000–$599,000
Asking range · $1,373/m² of land
No recorded sale for this property.
Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
Vs Brookfield
-11.6%
Median sale
Suburb $621,150
+0.49 pp
Gross yield
Suburb 3.68%
Suburb median $621,150 from 140 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$33,099 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Brookfield's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $440/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.
Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Ryder Real EstateSet within a welcoming and established pocket of Brookfield, 23 Mallow Street presents an outstanding opportunity for families, first home buyers and investors seeking a comfortable four-bedroom home in a location designed around everyday family life.
Positioned on approximately 400m², the home delivers the space and practicality modern households need, with four well-proportioned bedrooms, two bathrooms and a double lock-up garage providing plenty of room for the whole family.
At its heart is a comfortable and functional living environment where there's space to come together, relax and enjoy daily life. Gas ducted heating provides warmth throughout Melbourne's cooler months, while a split-system air conditioner adds further year-round comfort.
But one of the greatest attractions of 23 Mallow Street is undoubtedly its Brookfield location.
Known for its family-friendly atmosphere and strong sense of community, Brookfield has developed into one of the Melton area's most appealing residential neighbourhoods. Wide streets, established homes, local parks and open spaces create an environment where families can settle in and genuinely feel at home.
For those with children, the convenience is particularly appealing. A range of schools, childcare options and educational facilities can be found throughout Brookfield, Melton and the surrounding suburbs, while nearby playgrounds, reserves and sporting facilities provide plenty of opportunities for children to get outside and families to enjoy an active lifestyle.
Everyday essentials are also comfortably within reach. Shopping, supermarkets, cafés, restaurants and services throughout Melton are only a short drive away, while easy access to major roads makes travelling throughout Melbourne's growing western corridor straightforward.
For commuters, nearby Melton Railway Station provides connections towards the city, while the Western Freeway offers convenient road access towards both Melbourne and Ballarat.
Despite having all of these amenities close at hand, Brookfield retains a relaxed suburban character that has made it particularly popular with families. It's a neighbourhood where evening walks, weekends at the local park and getting to know the people around you can still form part of everyday life.
Back at home, approximately 400m² of land provides a manageable balance between outdoor space and easy maintenance - giving you room to enjoy without having every weekend consumed by upkeep.
Whether you're searching for a place to raise your family, looking to enter the market with a genuine four-bedroom home, or seeking an investment in an established and growing western suburb, 23 Mallow Street offers an appealing combination of accommodation, comfort and location.
A comfortable home, a family-friendly neighbourhood and everything you need within easy reach - welcome to 23 Mallow Street, Brookfield.
Lachlan Montague
0400 383 336
Listing description written by Lachlan Montague, Professionals Ryder Real Estate — reproduced as published, not verified by Districts.