Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Melville › Redwood Cres
$1,665,000
Last sold
2 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
486 m²
Land
270 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
$1,665,000
2 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Melville (last 5 years) with land size have a median of $2,301/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Melville
+4.4%
Median sale
Suburb $1,595,000
-0.11 pp
Gross yield
Suburb 2.75%
Suburb median $1,595,000 from 30 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 486 m² — that is not official geometry. 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 $844/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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 486 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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. 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.
Area
Melville at a glance
6,582
People
$1,595,000
Median sale
$844/wk
Median rent
2.75%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Dethridge GrovesA flowering Jacaranda adorns the front yard of this two storey, resort style home that's sure to impress, featuring a spectacular swimming pool alongside a cedar lined alfresco, zoned ducted air conditioning, and beautiful bamboo flooring. Positioned in the sought-after suburb of Melville, just 11 kilometres south of Perth CBD.
You are welcomed to the home through a grand foyer entrance. Honey coloured bamboo flooring and a soaring ceiling create a sense of space and luxury. To your left, a large double-door theatre room with plush carpet is the perfect space to enjoy entertainment media separate from the main living area. Continuing into the home, the substantial open plan layout consists of a lounge, dining, and gourmet chef's kitchen all with gorgeous views of the swimming pool through a wall of clear and frosted/tinted windows. The chef in the family will be at home in the galley style kitchen, with a waterfall stone benchtop, walk in pantry, Blanco induction cooktop, ILVE built in microwave and electric oven, and an integrated dishwasher.
Step outside to a cedar-lined alfresco overlooking a sparkling blue below ground swimming pool with a water feature surrounded glass fencing. With the addition of a grassed area and leafy greenery enclosed by high walls and fencing, you won't find a better setup for entertaining family and friends this summer. Watch the kids splash in the pool from either the indoor or outdoor dining areas, taking advantage of the easy flow between the two.
Upstairs, the main bedroom suite is generous in size and boasts double his and her robes, and a luxurious ensuite bathroom with a twin vanity with floor to ceiling tiling. Window shutters and block out curtains create a quiet sleeping and relaxation zone. The three minor bedrooms are also carpeted, each with a walk in robe. The family bathroom features frameless glass, floor to ceiling tiles with matching feature tiling and a separate w/c.
This captivating home offers a stylish layout with great separation for the entire family in a convenient Melville location. It's a short stroll to Anthony Dodd Reserve, a shady parkland and playground at the end of the road, or a five minute walk to Marmion Street Fresh and Gourmet, Blend Café, and Delicious Fingers Café. Fremantle, the river and Westfield Booragoon are all within easy reach, and Melville Primary School and Melville Senior High School are less than 1km away.
4 bedrooms 2 bathrooms 2 cars plus study nook and theatre room
Street front 486 sqm green title lot
Below ground pool with stunning alfresco
Fujitsu zoned ducted air conditioning throughout
Huge double door theatre room
Durable bamboo flooring
Study nook
Downstairs powder room
Video intercom at front door
Ducted vacuum system
Laundry shoot
Whole house freshly painted, new automatic blinds downstairs, inside and out
Secure double garage with spacious built in store room
Council Rates: $3,165.80 per annum (Approx.) 2023-2024
Water Rates: $1,687.56 per annum (Approx.) 2022-2023
Please call Exclusive Selling Agent Simone Glover from DGRE on 0417 977 525 for further details or to view
PLEASE NOTE while every effort has been made to ensure the given information, photos and floor plan is correct at the time of listing, this information is provided for reference only and is subject to change.
Listing description written by Simone Glover, Ray White Dethridge Groves — reproduced as published, not verified by Districts.
Also look at