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.
$1,720,000
Last sold
30 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
400 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
$1,720,000
30 July 2025 · 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
+7.8%
Median sale
Suburb $1,595,000
-0.20 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 400 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 400 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 Majestic Central Estate AgentsLuxury, security and flexibility combine together to offer a sanctuary of comfort and tranquillity - Welcome to 31B McLean Street.
From first glimpse to final detail, it is apparent that this new architecturally designed residence is inspired living. Positioned opposite parkland and close to Melville Primary, this four-bedroom, two-bathroom street front contemporary delight is the epitome of modern style, space and simplicity.
Bathed in natural light and with a striking street presence, this streamlined home with its vast glass aspects bringing the outdoors in, presents the high-end interiors and beautifully balanced floorplan that will appeal to discerning families of all ages or couples alike.
Tiled floors and raked ceilings frame extensive open living with a gourmet stone kitchen featuring double ovens, induction cook top and a massive scullery that all make for a fitting addition to a spectacular space. A beautiful stone island bench defines the entertainer's kitchen. The perfect space for day-to-day functionality, and the ability to entertain your family and friends against a backdrop of the open plan living space.
The expansive open-plan design offers astutely defined living spaces which seamlessly connect to the outdoor entertaining area – a wonderful pitched al fresco with northerly aspect presents entertaining that is effortless and thoroughly modern, while inviting accommodation spaces deliver sought after privacy and versatility.
Quality is palpable, emphasized by designer lighting, custom joinery, extensive floor tiling, exposed concrete and the use of the finest materials throughout.
Meticulous finishes and luxury fittings flow through to the beautifully appointed bathrooms that serve four bedrooms, master with walk-in-robe complete with make-up nook and ensuite with separate bath tub. Stone top double vanities in the ensuite, fully tiled bathrooms showcasing striking hardware, timber grain detailing and soft ambient lighting reflect the high-end styling. Luxurious carpeting, subtle LED downlights, and whisper-quiet reverse cycle heating and cooling all add to the warm welcoming feel and calming ambience of accommodation that's completed by extensive large windows allowing an abundance of light.
The laundry is a full-sized family laundry with feature tiling and a private and secure two vehicle garage with extra storage space and private shoppers’ entry to access the home. For ease of living and ultimate flexibility, the design incorporates wider doorways and passages, non-slip surfaces, windows positioned for optimal visibility and quality window frames, louvers and doors throughout. Abundant storage further enhances this model of contemporary excellence.
Privacy and safety are maximised.
In a coveted locale opposite parkland and boasting easy access to buses, trains schools, parks, restaurants and shops, inspection will impress.
Melville is a highly sought-after community, providing excellent access to local shopping, the Freeway, public transport, leading local schools, parklands and other leading local amenities.
31B McLean Street is a quintessential example of low maintenance living to suit couples, families, and downsizers.
PROPERTY PARTICULARS:
Area Under Main Roof | 225m²
Parking | Double Garage
Total Land Area | Survey Strata 400m²
Year Built | 2024
2024 - 2025 OUTGOINGS:
City of Melville| $2,729 Per Annum
Water Corporation | $1,592 Per Annum
Property Code: 1109
Listing description written by Joseph Mansour, Majestic Central Estate Agents — reproduced as published, not verified by Districts.