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VIC › Kew East › Meldrum St

2A Meldrum St, Kew East VIC 3102

House

$1,600,000

Last sold

28 Mar 2022

3

Bedrooms

3

Bathrooms

2

Car spaces

358 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,600,000 (28 Mar 2022).(Recorded sale)
  • FactLand 358 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kew East (last 5 years) with land size: median $2,990/m² of land (n=11). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,600,000

28 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Kew East (last 5 years) with land size have a median of $2,990/m² of land (n=11). Districts calculation from recorded sales — not a valuation.

Kew East at a glance

6,902

People

$2,300,000

Median sale

$613/wk

Median rent

1.39%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Kew East report →

Vs Kew East

-30.4%

Median sale

Suburb $2,300,000

+0.60 pp

Gross yield

Suburb 1.39%

Suburb median $2,300,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,600,00028 Mar 2022
  2. Listedprice unknowncompleted1 Mar 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $613/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kew East in one glance

Kew East at a glance

6,902

People

$2,300,000

Median sale

$613/wk

Median rent

1.39%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Kew East report →

Keep researching

  • Why Kew East? Read the area thesis →
  • What else is on the market in Kew East →
  • Other records on Meldrum St →

Listing material

Listed by Bekdon Richards

Effortless lifestyle in enviable location

Privately set amidst leafy established gardens on a peaceful street leading to parkland, this spacious two storey home offers interiors flooded with abundant natural light, with a generous backyard ideal for growing families. Just a short stroll from Hays Paddock playground and trails, the home is also within easy walking distance of buses, trams, Kew High School and Kew East Primary School, and offers direct city access via the nearby Eastern Freeway.

At the entry, a light-filled open plan living area overlooks the verdant front garden through a bay window, and flows seamlessly out to a sun-drenched paved terrace, ideal for outdoor entertaining. Adjacent, a family-friendly lawn is framed by low maintenance gardens and established fruit trees including mature fig, peach and nectarine trees.

An inviting separate dining space boasts a sunny north facing outlook and a second bay window. Equipped with stone benchtops and a breakfast bar for casual dining, the kitchen showcases premium stainless steel appliances including a Bosch dishwasher, Bosch oven and gas cooktop, and a fully integrated Miele microwave. With a stylish subway tiled splashback, the kitchen also features an oversized LED skylight-style ceiling.

Read the full description

Secluded on the upper level, a master bedroom includes a mirrored walk-in wardrobe, an airy ensuite, and feature pendant bedside lighting. Two further bedrooms are complemented by a large study space and a bright central bathroom. On the ground floor, a guest powder room is set alongside a full laundry.

Featuring gas ducted heating, ducted refrigerated air conditioning on the upper level, split system air conditioning, ducted vacuuming, an alarm system, security cameras, LED lighting, intercom entry, a timed garden irrigation system, and a double lock-up garage with internal access, the home is also positioned close to several of Melbourne's finest independent schools.

Listing description written by Paul Richards, Bekdon Richards — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Secure Parking

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.