Melton West at a glance
10,038
People
$612,500
Median sale
$451/wk
Median rent
3.83%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton West › Nirvana Pl
$539,000–$559,000
For sale
Asking range
4
Bedrooms
1
Bathrooms
3
Car spaces
619 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
Asking
$539,000–$559,000
Asking range · $871/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Melton West (last 5 years) with land size have a median of $926/m² of land (n=152). Districts calculation from recorded sales — not a valuation.
Melton West at a glance
10,038
People
$612,500
Median sale
$451/wk
Median rent
3.83%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Vs Melton West
-12.0%
Median sale
Suburb $612,500
+0.52 pp
Gross yield
Suburb 3.83%
Suburb median $612,500 from 112 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$32,476 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Melton West's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $451/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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Melton West at a glance
10,038
People
$612,500
Median sale
$451/wk
Median rent
3.83%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate MeltonRecently renovated, incredibly practical and sitting on a generous 619m² (approx.) allotment, this four-bedroom home offers the kind of straightforward, comfortable living that continues to make established Melton West so appealing.
Tucked away in a quiet court, there's a sense of space here that is becoming increasingly difficult to find at this end of the market. A sizeable backyard, side access, excellent off-street parking and a separate double garage provide plenty of flexibility, while inside, the recent updates mean much of the work has already been taken care of.
The front lounge is filled with natural light and provides a comfortable place to unwind, flowing through to the adjoining dining area and kitchen. Overlooking the backyard, the kitchen sits at the centre of everyday living and keeps the layout connected without trying to be overly complicated.
Four bedrooms provide welcome flexibility for families, first home buyers or investors, with the option to utilise one as a study or work-from-home space if required. They are serviced by a central family bathroom, separate toilet and dedicated laundry.
Outside is where the 619m² allotment really earns its keep.
Side access through the carport leads directly to a separate double garage at the rear, providing secure parking, workshop or additional storage options without sacrificing the backyard. There is still plenty of room outside for children, pets, entertaining or simply enjoying the extra space that comes with an established block.
Ducted heating and evaporative cooling take care of year-round comfort, while the home's recent renovation provides a fresh, neat foundation for its next owner to simply move in and make their own.
And for everyday convenience, the location is hard to overlook. Melton West puts an excellent selection of primary and secondary schools within easy reach, together with Woodgrove Shopping Centre, medical facilities, pharmacy, public transport, parklands and the broader amenities of central Melton.
For first home buyers looking for more land and four genuine bedrooms, families wanting space without stretching into a larger home, or investors seeking a practical property in an established location, 3 Nirvana Place makes a lot of sense.
Property Highlights
• Generous 619m² (approx.) allotment
• Quiet court location
• Recently renovated throughout
• Four bedrooms
• Side access through carport
• Separate double garage to rear
• Excellent off-street parking and storage options
• Ducted heating
• Evaporative cooling
• Generous backyard
• Central bathroom with separate toilet
• Close to a wide selection of primary and secondary schools
• Moments from Woodgrove Shopping Centre
• Easy access to medical facilities, pharmacy and public transport
• Excellent opportunity for first home buyers, families and investors
Proudly marketed by Jade Carberry, recognised as one of Melton's Top Three Agents for 2026, together with the experienced team at First National Real Estate Melton.
Important Information: All information has been prepared in good faith and is believed to be accurate at the time of publication. Buyers should conduct their own enquiries, inspections and due diligence. Personal information will be handled in accordance with applicable privacy legislation and our Privacy Policy. Prospective purchasers are encouraged to review the Consumer Affairs Victoria Due Diligence Checklist before purchasing.
Listing description written by Justin Carberry, First National Real Estate Melton — reproduced as published, not verified by Districts.
Victoria 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.