Mont Albert North at a glance
6,422
People
$1,547,500
Median sale
$627/wk
Median rent
2.11%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
VIC › Mont Albert North › Melrose St
$1,550,000
Last sold
18 Oct 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
866 m²
Land
Districts View
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
$1,550,000
18 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Mont Albert North (last 5 years) with land size have a median of $2,510/m² of land (n=32). Districts calculation from recorded sales — not a valuation.
Mont Albert North at a glance
6,422
People
$1,547,500
Median sale
$627/wk
Median rent
2.11%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Mont Albert North
+0.2%
Median sale
Suburb $1,547,500
-0.01 pp
Gross yield
Suburb 2.11%
Suburb median $1,547,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 4
GRZ4
Jurisdiction
Whitehorse
Whitehorse, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 4 · GRZ4 (ZN). Official parcel area about 867 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.
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 867 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $627/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 4 · GRZ4 (ZN). Official parcel area about 867 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
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?
KnownlowOfficial parcel about 867 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Mont Albert North at a glance
6,422
People
$1,547,500
Median sale
$627/wk
Median rent
2.11%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards ManninghamThis timeless red clinker brick beauty, flanked by lush greenery, and surrounded by desirable amenities, presents an exceptional opportunity for astute buyers, investors, or developers.
Set on a substantial 866m² (approx.) garden allotment, the home features a versatile floorplan adaptable to a variety of living needs. The entry level showcases a generous, light-filled living room, a separate dining area, and a well-appointed kitchen with ample storage. Two robed bedrooms are serviced by a central bathroom, while the lower level offers flexibility with a multipurpose room, ideal as a third bedroom, study, or additional living zone, complemented by a second bathroom for added convenience.
While the home itself, brimming with potential for renovation or extension, will captivate many, others will recognise the true value in the expansive parcel of land. The sizeable block presents exciting prospects for redevelopment, whether that be constructing a magnificent family residence, or pursuing a multi-dwelling project (STCA), both of which are prevalent in the surrounding neighbourhood.
Adding further appeal is the outstanding location, positioned in a highly sought-after pocket surrounded by lifestyle advantages. Nearby Box Hill serves as a central transport hub with trains, buses, and trams offering easy access to the CBD and beyond, alongside a thriving shopping precinct, and an abundance of cafes and restaurants. Families will appreciate zoning to Mont Albert Primary and Koonung Secondary College, plus proximity to open green spaces including Mont Albert Reserve, the Koonung Creek Trail, Hagenauer Reserve, and Elgar Park. Westfield Doncaster and the Eastern Freeway are also within easy reach.
Opportunities combining land, lifestyle, and limitless potential are seldom found, so plan your inspection without delay.
Listing description written by Stasi Adgemis, Woodards Manningham — reproduced as published, not verified by Districts.