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 › Perkins Rd
4
Bedrooms
3
Bathrooms
2
Car spaces
885 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 Melville (last 5 years) with land size have a median of $2,316/m² of land (n=97). 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.
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 885 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 885 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 MGP PropertyHaving an elevated position on one of Melville's top streets, with a rare 25m frontage, this sizeable 2-storey home on 885sqm is ready to showcase its potential, offering an array of opportunities for owner occupiers, developers, and renovators.
For owner-occupiers, the home's character is immediately evident as you step inside. Through the entry and keeping to the main level, you will find a large lounge open lounge that leads to 2 generous bedrooms, the main bathroom, and an optional 4th bedroom or lounge room. Moving through the home, you will reach the kitchen with an adjoining sunroom and dining area, from which you can also access an expansive backyard area. There is also a laundry/3rd bathroom combo adjoining the sunroom. Upstairs you will find a large open living and activity/office area leading to the master suite and a balcony where you will find very pleasant views of the City, Swan River, and the hills.
For the savvy builders/renovators, with options for 3 or 4 bedrooms, 3-4 separate living room options, and a 3rd bathroom/laundry combination, this home is ripe for renovation while still being in very liveable condition, giving you options to also complete a live-in-reno.
The property is zoned R20, and being 885 sqm it can be subdivided subject to the relevant approvals. Needless to say, the 25m frontage is enormously beneficial to anyone wishing to subdivide this property.
This property is ideally located for families within walking distance of schools and an array of amenities, including parks, shops, cafes, public transport, and recreational facilities.
It is extremely rare to see properties like this hit the market in Melville, especially on such a highly sought-after street, with views, a 25m frontage and an array of opportunities for now and into the future.
Miss it at your own peril.
Plans are available upon request - contact James via this website's enquiry box for a quicker response.
Property Features:
• Highly sought-after street
• 885 sqm land Zoned r20
• Rare 25m frontage
• North-facing property
• Subdividable property
• Develop, renovate or live in
• Views of City, river, and hills
• Large existing home
• Retained character features
• High ceilings
• Multiple living areas
• Expansive master suite
• Large secondary bedrooms
• Option for 4th bedrooms
• 3rd bathroom/laundry combo
• Large double carport
• Caravan/boat parking options
• Pool to backyard
• Rear shed
• Reticulated lawns
• Melville HS zone
• Melville PS zone
• Abundance of amenities, parks, shopping, and dining, and transport options nearby.
Listing description written by James Priestly, MGP Property — reproduced as published, not verified by Districts.