Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$745,000
Last sold
14 July 2023
2
Bedrooms
2
Bathrooms
1
Car spaces
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
$745,000
14 July 2023 · derived via latest_sale
Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Melonba
-41.8%
Median sale
Suburb $1,280,000
+2.60 pp
Gross yield
Suburb 3.61%
Suburb median $1,280,000 from 11 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $889/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownArea
Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Key & Castle Real EstateKey & Castle Real Estate proudly presents :
1) Ready to move in NOW- Nearly New- Community Title
2) Reverse-cycle split system heating/cooling to main living
and main bedroom
3) Solar panel system
4) STAINLESS STEEL APPLIANCES
600mm Stainless steel Built-in Oven
600mm Stainless steel 4 Burner Cooktop
600mm Stainless steel undermount Rangehood
600mm Stainless steel door Dishwasher
5) OVEN, DISHWASHER
6) SECURITY ALARMS
7) REMOTE GARAGE
8) Roller blinds to windows and doors in living areas and bedrooms
9) CLOTHESLINE
10) Reverse-cycle split system heating/cooling to main living
and main bedroom
11) LANDSCAPING, FENCING AND DRIVEWAYS INCLUDED
12) 2 Bathroom + 3rd Guest Toilet Downstairs
13) Formal Lounge upon Entry
call us now to discuss & book your private inspection by appointment only.
DISCLAIMER
*Images for illustrative purposes only and may include examples of upgrade options.
*Images could be display home or other property developed by the builder
Subject to the provisions of the Trade Practices Act, 1974 and subject to any other statutory provisions which cannot be excluded, Key & Castle Real Estate for themselves, and associated Companies and for the Vendors of any property for whom they act, give notice that:
1. The information contained in this document is subject to change without notice and should be regarded as indicative only;
2. The figures quoted for rents, strata levies, and rates are estimates only;
3. Intending purchasers should not rely on any representations contained in this document and should rely only upon the contents of any contract for sale in relation to any property to be acquired;
4. Intending purchasers should satisfy themselves as to the truth or accuracy of any information contained in this document through their own inspections, searches, inquiries, and professional legal and accounting advice.
Listing description written by BHARGAV BRAHMBHATT, Key & Castle Real Estate — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.