Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › Carrum › Melaleuca Dr
$1,180,000
Last sold
8 June 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
536 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
$1,180,000
8 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Carrum (last 5 years) with land size have a median of $2,396/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Carrum
-8.7%
Median sale
Suburb $1,292,500
+0.23 pp
Gross yield
Suburb 2.43%
Suburb median $1,292,500 from 16 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 $603/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.
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
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ChelseaWelcome to 28 Melaleuca Drive, Carrum, a beautifully renovated weatherboard home that blends timeless coastal style with every modern comfort. Set on a peaceful, private block and a secure front gate, this home offers a truly relaxed bayside lifestyle. Whether you're soaking up the sun on the spacious outdoor deck, enjoying the warmth of the traditional wood fireplace, or entertaining with ease thanks to seamless indoor-outdoor flow, this property is a rare gem.
Inside, the home is light-filled and airy thanks to vaulted ceilings, LED downlights, and a neutral coastal palette of white cabinetry, stone benchtops, and timber floors. The open-plan kitchen, meals, and living zone is the heart of the home, boasting a stone kitchen with electric appliances, a semi-integrated dishwasher, and a breakfast bar perfect for casual mornings or entertaining.
Comfort is assured year-round with split system heating and cooling in the kitchen, living room and select bedrooms, while the main living area also features a traditional wood fireplace for cosy nights in. The wide entryway includes clever shoe storage and a built-in bench seat, enhancing both function and style.
The master ensuite is a sanctuary, showcasing a walk-in shower with dual shower heads, a stone-topped vanity, face-level storage, and floor-to-ceiling tiles. The main bathroom mirrors this luxury with a rainfall shower, freestanding bath, and floating vanity.
Outside, enjoy the long secure exposed aggregate driveway and storage shed, with plenty of space for cars, boats or trailers.
Located just a short walk to Carrum Station, Carrum Primary School, and the buzzing Carrum Village café and shopping strip, this home delivers absolute convenience. Enjoy morning walks along the Patterson River, drop your kayak in at the Patterson River boat ramp, or spend sunny afternoons at Carrum Beach, all within easy reach. Surrounded by parklands and just minutes from the beach, this is the ultimate lifestyle location for families, retirees or professionals wanting the best of bayside living.
Listing description written by Shane O'Sughrue, Ray White Chelsea — reproduced as published, not verified by Districts.