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.
5
Bedrooms
3
Bathrooms
2
Car spaces
871 m²
Land
240 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
UnknownArea
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 Ray White CanberraA stone's throw from Belconnen town centre and the shores of Lake Ginninderra is this architecturally designed 4 bedroom family home on a whisper quiet street in Melba.
Complete with a self-contained flat which would also serve well as a private business space or teenagers retreat, the property is situated on a generous 870sqm block and boasts a massive 240sqm of living space - not including the double lock up garage and significant under-house storage.
Set across split levels, the interior features multiple sun-drenched living areas including a formal living room and separate kitchen, dining and family room with beautiful timber flooring, exposed timber beams and clerestory windows.
An entertainer's dream, the kitchen is wonderfully spacious with an integrated oven, double sink, ample cabinetry plus a built in pantry, and a large bench with breakfast bar. The adjacent family room opens out to a covered entertaining area with a pizza oven - perfect for serving up a great meal to enjoy with friends and family.
With enough space for a king-sized bed and bedside tables, the Master Bedroom also boasts a walk-in robe and ensuite. Nearby are 3 additional bedrooms, plus an oversized main bathroom with a bath.
A self-contained space at the back boasts a large bedroom/living area, bathroom and kitchenette. Ideal as an investment opportunity, with direct external access, separately metered electricity and hot water. It would also make the perfect studio-style rental or for a small business, and will cater equally well for guests or as a teenagers' retreat, studio, rumpus room, or even to rent out - complete with a large bedroom/living area, bathroom and kitchenette.
Out the back, you'll find a large backyard perfect for kids to play, as well as side access for a boat or trailer. There is even a fully equipped sauna, guaranteed to steam the day's troubles away.
This property is a stroll from beautiful parkland, minutes to local schools and shops, and perfectly positioned within a short drive of Belconnen's fabulous shopping, dining and Farmers Market.
Features:
871m2 block
Quiet street with only 6 other houses
Split level, architecturally designed
Timber flooring throughout living areas
Formal living room
Open plan kitchen, dining and family
Kitchen with great storage, long island bench
Family room with exposed beams and clerestory windows
Covered entertaining area off the family room
Pizza oven
Huge Master Bedroom with walk-in robe, ensuite
3 additional bedrooms
Large main bathroom
Self-contained flat with studio-style living area, kitchenette and bathroom
Sauna
Ample storage
Ducted gas heating and evaporative air conditioning
Large, flat backyard
Side access for boat or trailer
Under house storage
Double lock up garage
Walk to parkland, wetlands and schools
Minutes' drive to Belconnen town centre
Stats:
Build: 1994
Block: 871m2
Living: 240m2
Garage: 48m2
EER: 4.0
UV: $342,000
Rates: $2,518 pa
Land Tax: $3,425 pa
COVID-19 AWARENESS UPDATE:
All inspections must be by private appointment only (rental and sales),
Private Inspections must be one on one basis - agent, purchaser/s (best practice those to appear on contract only) - and booked prior to attendance (no walk-up inspections)
Auctions - Virtual/online only
Please wash your hands upon entering the property where you are directed
We will no longer shake hands but will have a list of alternate options for you to choose from
Please respect the 1.5-meter social distance rules
Please do not touch any surfaces or open any cupboards or drawers
Listing description written by Jake Battenally, Ray White Canberra — reproduced as published, not verified by Districts.
Nearby 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.