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ACT › Melba › Bishop Pl

3 Bishop Pl, Melba ACT 2615

House

4

Bedrooms

2

Bathrooms

2

Car spaces

922 m²

Land

144 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 922 m² against a 144 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Melba (last 5 years) with land size: median $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

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.

See the full Melba report →

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. Soldprice unknown4 Apr 2020
  2. Listedprice unknowncompleted5 Feb 2020

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

Capital growth

ACT

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.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

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

    Nearby development applications are not loaded for this property.

  • 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. This jurisdiction has no comparable official bond series in the free set.

  • 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

Melba in one glance

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.

See the full Melba report →

Keep researching

  • Why Melba? Read the area thesis →
  • What else is on the market in Melba →
  • Other records on Bishop Pl →

Listing material

Listed by Ray White Canberra

The opportunities are endless

Situated in a quiet cul-de-sac in Melba is this much loved 4 bedroom family home.

Beautifully set back from the street on a huge 922sqm flat block, this property offers endless opportunities for an astute investor or a place to create new memories for a first home buyer or family.

The local playground and primary school is within easy walking distance, with Melba shops a stone's throw away, and Belconnen town centre a mere 10-minute drive.

Read the full description

With a leafy outlook in every direction, the extended front porch is the perfect place to sit and watch the world go by.

Inside, the owner has kept the house in original condition. If you love a 70s vibe, you won't want to change a thing. Otherwise, it's a blank canvas for a keen renovator with high-quality brick construction, lots of light and an intuitive layout.

There are multiple living areas, including a front living room featuring picture windows with views over the front garden, and a separate family room with direct access to the rear yard. The family room adjoins a huge kitchen with ample storage, extended sink, tiled splashback and meals area.

The master bedroom features an ensuite and over-sized built-in robe, and there are 3 additional good-sized bedrooms plus a main bathroom with a bath.

Out the back you'll find a covered patio which overlooks the expansive, low maintenance backyard. A lock-up double garage offers plenty of extra storage space, and the side gate ensures easy access and ample off-street parking for cars, trailers, boats and even a caravan.

Melba is ideally located close to Belconnen and Gungahlin, and a short distance from the city centre with plenty of public transport.

Features:

922sqm flat block

Quiet, leafy cul-de-sac

Much loved home in original condition

Peaceful front porch overlooking the front yard

Multiple living areas

Huge kitchen with meals area

Master bedroom with built-in robe and ensuite

3 additional bedrooms

Main bathroom with bath

Covered rear patio

Expansive backyard

Stand-alone, double lock up garage

Ample storage

Split system air conditioning

Ducted gas heating

Close to green belt and playground

Walk to local primary school

Close to Melba shops

Short drive to Belconnen town centre

Stats:

Build: 1974

Block: 922m2

Living: 143.51m2

Garage: 49.64m2

EER: 1.0

UV: $332,000

Rates: $2,469 pa

Land Tax: $3,321 pa

Listing description written by Jake Battenally, Ray White Canberra — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Secure Parking
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.