Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$1,130,000
Last sold
17 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
350 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
Last sold
$1,130,000
17 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Melonba (last 5 years) with land size have a median of $4,368/m² of land (n=12). Districts calculation from recorded sales — not a valuation.
Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Melonba
-11.7%
Median sale
Suburb $1,280,000
+0.48 pp
Gross yield
Suburb 3.61%
Suburb median $1,280,000 from 11 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $889/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
Melonba at a glance
9,307
People
$1,280,000
Median sale
$889/wk
Median rent
3.61%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Starr Partners Bella VistaStarr Partners Bella Vista proudly presents this stunning family home in the sought-after Elara estate, Melonba. Designed with luxury and practicality in mind, this home is bathed in natural light and built to the highest standards.
Features include
• Master Bedroom: Located at the entrance with a Walk-in-Robe and Ensuite
for ultimate privacy.
• Formal Lounge: Spacious and perfect for welcoming guests.
• Bedrooms: Three additional bedrooms with built-in wardrobes.
• Bathrooms: Main bathroom includes a freestanding bathtub for a touch of
elegance.
• Kitchen: Modern and stylish, featuring stainless-steel appliances and a
Butler's Pantry.
• Living & Dining: Expansive open-plan layout, ideal for family gatherings.
• Alfresco: Tiled outdoor space perfect for entertaining.
• Laundry: Convenient external access.
• Garage: Double lock-up garage for secure parking.
• Comfort: Ducted air conditioning and high ceilings throughout.
• Lighting: Sleek downlights adding a modern touch.
Location Highlights:
• Parklands just around the corner.
• Approximately 1.5km from St Lukes School and Elara Sporting Fields.
• Around 1.9km from the upcoming shops.
• Approximately 2.5km from Northbourne Public School.
• Close proximity to future developments, including a high school, shops, and sporting fields.
• Short drive to major retailers like Costco, Ikea, and Bunnings.
Elara offers unbeatable convenience with easy access to public transport, shopping centres, medical services, recreation, and employment hubs. A new level of family living awaits in this exceptional location.
Your New Home Awaits!
Have a Sunny ☀️ Day!
For more information, contact our friendly team at Starr Partners Bella Vista.
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy. We do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.
Listing description written by Karan Katoch, Starr Partners Bella Vista — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.