Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
ACT › Melba › Le Gallienne St
$650,000
Last sold
10 Nov 2018
4
Bedrooms
2
Bathrooms
2
Car spaces
990 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
$650,000
10 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Melba
-26.1%
Median sale
Suburb $880,000
+0.84 pp
Gross yield
Suburb 2.36%
Suburb median $880,000 from 7 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
ACTPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/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. Nearby development applications are not loaded for this property. 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
UnknownNearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
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
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Luton Properties DicksonSituated in an attractive street, this Playoust designed, split-level home presents an elegant faade. It offers the family outstanding living space, over four separate areas, as well as a study. There are fantastic outdoor living areas too, with front and rear decks, sunny terrace and paved entertaining area, overlooking leafy and delightful gardens.
Fresh white decor throughout and brand new, quality carpet features in the formal lounge, dining, rumpus and all four bedrooms. High raked ceilings and exposed beams create ambience in the sunken formal lounge and separate dining, where high celestial windows have an outlook to sky and the tops of eucalypts. Ducted gas heating maintains comfort.
The bright, updated kitchen has a private outlook and is equipped with a glass cooktop, Fisher and Paykel oven, dishwasher, corner pantry, glass cabinetry and good bench space. Warm cork flooring extends from the kitchen into the generous family room. On one side, this opens onto a sunny, elevated nook, great for morning coffee, while on the other, full length windows bring the garden in, and a sliding door opens onto the rear deck. This overlooks the sheltered, paved entertaining area, covered by a pergola and shade cloth, an inviting space to relax with family and friends.
An extension was sympathetically designed to add a sunken rumpus room, which mirrors the design of the formal lounge, while a slow combustion fireplace makes for cosy winter atmosphere. The solid warmth flows into the adjoining fourth bedroom. From the formal lounge and rumpus there is access onto a fantastic, elevated timber deck, running along the front of the home, taking in the private view over native gardens and tall eucalypts.
All of the four spacious bedrooms offer built-in robes. The master enjoys an elevated outlook and has an ensuite. The main bathroom has recently been stylishly renovated and features a sumptuous, free standing bath and shower.
Curved pathways and a circular sitting area, sheltered by a mature decidious apple blossom tree, with a productive lemon tree in the distance, all contribute to the charm of the delightful, private rear garden. There are two garden sheds and a water tank and while gardens are easy care, you may wish to be self sufficient by utilizing the prepared veggie patches. The double carport has a high profile and there is a workshop with lighting, power and under house storage. An extensive array of solar panels reduces costs.
The location is brilliant for the family. It is just a short walk down a green belt and underpass to safely reach nearby Mt. Rogers Primary School. Flynn pre-school, St. Monica's Primary School, Miles Franklin Primary School and Melba Copland Secondary School are all close by, as are Melba shops.
Offering timeless architectural design, this well presented home, with fresh carpets and decor, is ready for your family to move into and enjoy, with enough space for everyone. The friendly, established neighbourhood will be a great place to call home, with everything a family could desire.
<b>Features Include:</b>
- Playoust designed 4 bedroom ensuite home offers formal lounge & dining, family, rumpus & study
- High raked ceilings a striking feature in formal lounge, dining and rumpus rooms
- New carpets have been laid through lounge, dining, rumpus & all bedrooms
- Bright, updated kitchen offers generous bench space, Fisher & Paykel oven, dishwasher and pantry
- Luxaflex honeycomb blinds furnish full length windows and glass door in family room
- Family room opens onto rear deck, which overlooks inviting, paved entertaining area
- Extension has added a large rumpus, equipped with a cosy slow combustion stove
- Built-in robes in all four bedrooms and built-in shelving in rumpus room
- Elevated timber deck along the front of the home, accessed from lounge & rumpus
- Ventis system has been installed
- Array of 18 solar panels
- Water tank and 2 garden sheds
- Crimsafe screens to family room
- Large double carport will accommodate higher vehicles and there is a storage area under house
- Short walk to Mt. Rogers Primary via greenbelt and an underpass
- Other schools within walking distance include a pre-school, primary & secondary schools
EER: 0
Land Size: 990m2
Land Value: $356,000
Land Rates: $2,479.16 p/a (approx.)
Listing description written by Aniko and Peter Carey, Luton Properties Dickson — reproduced as published, not verified by Districts.