Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton South › Bennett St
$215,000
Last sold
12 Feb 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
253 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
$215,000
12 Feb 2026 · derived via latest_sale
Local land rate: recorded Land sales in Melton South (last 5 years) with land size have a median of $836/m² of land (n=11). Districts calculation from recorded sales — not a valuation.
Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Melton South
-63.1%
Median sale
Suburb $582,500
+6.79 pp
Gross yield
Suburb 3.97%
Suburb median $582,500 from 165 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
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 $445/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White MeltonOpportunities like this are becoming increasingly rare.
23A Bennett Street, Melton South offers a titled 253m² (approx) allotment, meaning you can build immediately (STCA) with no waiting, delays, or uncertainty.
Conveniently positioned in the heart of Melton South, this allotment is surrounded by a wide range of amenities within approximately a 2 km radius, making it an ideal choice for families, commuters, and investors alike. The location offers easy access to well-regarded local schools including Melton South Primary School, Exford Primary School, and Staughton College, along with nearby childcare centres and early learning facilities.
Everyday convenience is well catered for, with local shopping options close by and larger retail hubs such as Woodgrove Shopping Centre only a short drive away. Outdoor and recreational needs are met with nearby parks, playgrounds, and sporting reserves, including Melton South Recreation Reserve, providing excellent spaces for families and active lifestyles.
Commuters will appreciate the proximity to Melton South Train Station, offering direct rail access to Melbourne's CBD, as well as easy connectivity to major road links including Coburns Road, Exford Road, and the Western Freeway, ensuring smooth travel across Melbourne's west.
Situated within one of Melbourne's fastest-growing corridors, Melton South continues to benefit from strong infrastructure investment, population growth, and increasing demand. This well-established yet evolving community delivers the perfect balance of lifestyle convenience today and long-term growth potential for the future.
This is a true blank canvas, offering the freedom to design and build a home or space that aligns perfectly with your lifestyle, budget, and long-term plans.
Ideal for first-home buyers entering the market, downsizers seeking low-maintenance living, or investors looking to capitalise on Melton South's continued growth, this allotment presents a well-rounded opportunity.
First-home buyers may be eligible for government incentives and grants when building (subject to eligibility), making this an outstanding opportunity to secure land and create your own home rather than compromise on an existing one.
With titled land in short supply and demand continuing to rise, opportunities like this don't last long.
• 253m² (approx) titled allotment - build now
• Perfect for first-home buyers, investors & builders
• Prime Melton South location with strong growth prospects
Secure your future today and start building the home you've been planning - before someone else does.
Victoria - the following state-specific programs may be relevant to you:'
• First Home Owner Grant (FHOG): Eligible first-home buyers building a new home can receive a one-off payment of $10,000. The total value of the house and land package must be $750,000 or less.
• Stamp Duty Exemption or Concession: You may be exempt from paying stamp duty if the value of your first home (land value only if building on vacant land, provided you move in within 12 months) is $600,000 or less. A concessional rate applies to homes valued between $600,001 and $750,000.
• Victorian Homebuyer Fund (VHF): This shared equity scheme allows eligible buyers with a minimum 5% deposit to get a government contribution of up to 25% (or 35% for Aboriginal and Torres Strait Islander participants) of the property's purchase price in exchange for an equivalent share in the property. This helps reduce your mortgage and avoid Lenders Mortgage Insurance (LMI).
***Important Disclaimer***
MATERIAL FACTS
The Vendor advises that there is material facts related to the property that must be disclosed to the Purchaser pursuant to Section (d) of the Sale of Land Act as follows:
The South East side boundary fence adjoining property of 7 Forrest street property is not constructed in the correct location to the title;
and The Vendor has been paid title insurance for the incorrect position of the fence and loss of land.
Photo ID Required for All Property Inspections
Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
Please refer to the link below for Ray White's Collection Notice:
https://bit.ly/RW_PrivacyNotice
DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.
Listing description written by Dimitrios Kallitsis, Ray White Melton — reproduced as published, not verified by Districts.