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 › Sampson Cl
5
Bedrooms
3
Bathrooms
2
Car spaces
978 m²
Land
2,369.028 m²
Building
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 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.
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 LJ Hooker KippaxAuction: Wednesday 19th June 2019 at 6pm in the LJ Hooker Canberra City Auction Centre.
Calling all big families, blended families and investors. This HUGE home provides endless options for the astute buyer. Here are just a few:
Option 1: Spread out over two levels enjoying the 255m2 of living with five bedrooms, three bathrooms and four living areas.
Option 2: Live in the four-bedroom, two-bathroom home upstairs and rent out the separately metered one-bedroom flat downstairs for at least $300 per week!
Option 3: Rent out BOTH properties for a combined rental income of at least $850 per week!
Upstairs, the formal lounge and dining rooms flow out to the front landing with views to the adjoining reserve. The large kitchen boasts a gas cooktop and plenty of bench and cupboard space. All four bedrooms are fitted with built in wardrobes, the main bedroom with an ensuite bathroom and walk in wardrobe. Ducted gas heating it fitted throughout the top floor.
Head downstairs to find the tiled rumpus room. Home gym, kids play area or home office the options for this space are endless! The separately metered one-bedroom flat is perfect for extended family or independent teenagers. The flat enjoys its own entrance, living room, kitchen, bedroom with built in wardrobes, study, bathroom and laundry.
All of this in one of Belconnens most popular suburbs. With great views and adjoining a reserve, youll enjoy all the benefits of peaceful suburban living while still being only a short stroll to local school and shops and a less than 5-minute drive to the Belconnen Town Centre. Be sure to attend the next open home and see for yourself the quality Real Estate opportunity on offer!
Features Include:
- Four bedrooms and two bathrooms upstairs
- Four spacious living areas split across two levels
- Separately metered flat with kitchen and bathroom downstairs
- Freshly painted and brand-new carpet throughout
- Ducted gas heating upstairs
- Double lock up garage
- Huge 978m2 block
- Quiet cul-de-sac location
House Size: 255m2 + 40m2 garage
Built: 1974
Block Size: 978m2
UV: $311,000
Rates: $2,258 pa
Land Tax (If Rented): $2,959pa
EER: 0.5
Listing description written by Johnathan Davis, LJ Hooker Kippax — reproduced as published, not verified by Districts.