Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Melrose Park › Stephen St
4
Bedrooms
2
Bathrooms
4
Car spaces
500 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Melrose Park (last 5 years) with land size have a median of $1,494/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $580/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. This lot’s own applications are a separate question. 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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White UnleyNestled within a serene and family-friendly neighbourhood in the heart of Melrose Park, this two-story masterpiece awaits, embraced by lush trees and tranquil surroundings. Effortlessly blending practical family living with the essence of low-maintenance luxury, it promises a harmonious retreat for modern living.
Step inside to uncover the inviting first lounge area-a haven of comfort and abundant natural light, designed for relaxation and unwinding. Thoughtfully integrated large built-in storage cupboards ensure optimal functionality and convenience, enhancing the practicality of the living space. On the opposite side, you will unveil the expansive double car garage, secured by an electric roller door. No need to worry about the morning rush in inclement weather - your stress-free commute begins right at the doorstep.
Prepare to be captivated as you enter the expansive open-plan kitchen, living, and dining area! Bathed in natural light, this room exudes warmth and welcomes you with open arms. Sliding doors beckon you to the verandah, whilst sunlight cascades through the curtains, creating an enchanting ambience that merges indoor and outdoor living.
This space is further enhanced by chic tiles that not only elevate its aesthetic appeal but also contribute to its practicality. As you explore, you will discover even more storage solutions with another set of built-in 'European laundry' styled storage nooks, seamlessly integrating functionality with style. The kitchen is a true highlight, boasting high-quality appliances and a neutral-toned colour palette that exudes sophistication and elegance, ensuring that the space maintains its timeless charm while also catering to modern tastes.
Step into the second lounge space, where you will discover a transformative void area. This unique architectural feature provides a sense of seamless connection from one floor to another. As you gaze upon the vistas of the courtyard lining the side of the property, and up toward the loft ceiling, you can let your creativity soar and find solace from the outside world.
Journey up the staircase, to find the second floor, where you will be greeted by the epitome of elegance-the classy master bedroom. This room is a true haven, impeccably designed with practicality and luxury in mind. Revel in the indulgence of your own private balcony, offering sweeping views of the stunning suburb, along with a generously sized walk-in robe to accommodate your wardrobe needs. Not to mention the expansive ensuite, a sanctuary of modern amenities and breathtaking design, ensuring every moment spent here is nothing short of extraordinary.
Nearby the master bedroom, indulge in the luxury of the massive main bathroom, where relaxation awaits with an expansive spa bath, complemented by a generously sized vanity and spacious shower. Continuing you will discover the second and third bedrooms, each thoughtfully designed with large windows to invite in an abundance of natural light, creating bright and airy retreats. As you explore further, you'll find the fourth and final bedroom, offering versatile usage options as either a tranquil sanctuary for rest or a productive study space tailored to your needs.
Outdoors, enjoy the expansive decking space to bring your outdoor entertaining setting dreams to life! You will be sure to be designated the new host with the large pool! Built to entertain this backyard offers ample space for everyone.
Ideal for families, this home is strategically positioned within close proximity to prestigious schools, including Edwardstown, Colonel Light Gardens, and Westbourne Park Primary Schools. Furthermore, it falls within the sought-after zoning of Unley High School and is conveniently located near Springbank Secondary College and Mitcham Girls School, ensuring access to top-tier educational options for children to excel and reach their fullest potential.
More reasons to love this home:
- Torrens titled 500 sqm (approx) 2009 build
- luxurious two-storey abode
- Double garage with electric roller door
- 24 x 180w Solar Panels
- Ducted reverse cycle air conditioning
- Electric heating
- Tiled and carpeted flooring throughout
- Master bedroom with walk-in robe and ensuite
- Private balcony from master bedroom
- Versatile floorplan
- Three living areas
- Open plan kitchen, living and dining area
- Main bathroom with spa bath and other with electric heated towel racks
- Two bathrooms upstairs and powder room downstairs
- Lots of storage space throughout the residence
- Large swimming pool
- Expansive outdoor entertaining area
- Large decking space for an outdoor setting
- Garden shed for additional storage
- Zoning to quality schools
- Close proximity to Adelaide CBD and the coast
- An abundant selection of charming local cafes on Winston Avenue
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at 80 Unley Road, Unley for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 276447.
Listing description written by Robbie Smith, Ray White Unley — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
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.