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.
$1,390,000
Last sold
28 Sept 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,390,000
28 Sept 2023 · derived via latest_sale
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
-12.9%
Median sale
Suburb $1,595,000
+0.41 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. 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.
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 Empire Residential PropertyThis remarkable three-storey residence effortlessly combines modern elegance with suburban charm, boasting an impressive five spacious bedrooms and three bathrooms + ample living zones for comfortable living.
The property also features two garage spaces, ensuring convenience and security for your vehicles and from its balcony, soak in breathtaking Perth CBD/ river views, creating a serene oasis to unwind.
With its thoughtfully designed layout, high-quality finishes, and proximity to amenities, 31 McCoy Street offers a truly exceptional living experience. Discover a perfect blend of style, functionality, and panoramic vistas in this stunning Melville home.
Other features include:
• Generous chef’s kitchen offers polished stone benchtops, breakfast bar, 5 gas hot plates, wall oven glass splashback, rangehood, dishwasher, double sink, appliance cupboard fridge recess walk in pantry with copious amounts of bench/cupboard space + extra overhead cabinetry
• Reverse cycle air conditioning
• Spacious open plan lounge/dining area with built in cabinetry
• 2nd living area on ground floor
• Bi-folding doors lead out to a generous balcony with built in BBQ, sink, rangehood overlooking the Perth CBD skyline and Swan River
• Large master bedroom offers walk in robe and en suite composing of luxurious spa bath, dual vanities with storage cupboards and separate WC
• Bedroom 2 & 3 are both double size with double built in robes
• Main bathroom composes of shower, single vanity and storage cupboard with separate WC
• Bedroom 4 is queen-sized with wall to wall built in robes
• Bedroom 5 is queen sized with wall to wall built in robes
• Home office
• Bathroom 3 (ground floor) offers shower/laundry area
• Front paved courtyard with synthetic grassed area and shade sails + secure gated entry
• Double automatic garage
• Alarm system
• (Ground floor) 2nd kitchen offers wall oven + grill, 4 gas hot plates, glass splashback, rangehood, glass splashback, dual sink, with plenty of cupboard space and extra overhead cabinetry and dining area
• It's wow time up the top on the third level of this executive home, where the architect design has not been compromised. Its open plan kitchen dining and living flows seamlessly and is framed by the most breathtaking views of the Perth city skyline and Swan River.
• If you are at a stage in life where it is all about LOCATION & LIFESTYLE, then this property really is a must see.
• Walk to the Swan River and foreshore amenities, local shops & and within easy reach of public transport routes.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract.
Listing description written by Linton Allen, Empire Residential Property — reproduced as published, not verified by Districts.
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