Melton at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
$612,500
Last sold
7 July 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
977 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
$612,500
7 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton (last 5 years) with land size have a median of $911/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Melton at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Vs Melton
+6.7%
Median sale
Suburb $574,000
-0.23 pp
Gross yield
Suburb 3.74%
Suburb median $574,000 from 109 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $413/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Melton at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Reliance Real Estate MeltonWelcome to a rare opportunity in the highly sought-after Residential Growth Zone 1 (RGZ1) offering massive potential for future development (STCA), investment, or your next family home renovation project. Situated on a generous 977sqm (approx.) land size, this property ticks all the boxes for space, location, and future capital growth.
This charming home features 4 spacious bedrooms, a separate study, all fitted with built-in robes and ceiling fans, ideal for a growing family or those working from home.
Enjoy the comfort of ducted heating throughout and air conditioning in the living area, creating a cozy space year-round. The layout includes separate living and dining zones, providing plenty of room for entertainment or family relaxation.
The renovator's dream is complete with side access, multiple shed spaces for storage or hobbies, and a large covered alfresco area (4.5m *9m )-perfect for outdoor entertainment in any season.
Conveniently located close to all amenities, including Woodgrove Shopping Centre, schools, public transport, and with easy freeway access, this property offers an unmatched lifestyle and investment appeal.
Key Features:
· Residential Growth Zone 1 – Development potential (STCA)
· 977sqm (approx.) land
· 4 bedrooms + separate study
· Ducted heating & air conditioning in living
· Separate dining and living areas
· Ceiling fans & built-in robes in all rooms
· Large covered alfresco (4.5m * 9m )
· Side access & multiple sheds
· Close to Woodgrove, schools, transport, and freeway
Opportunities like this don't come often – renovate, invest, or redevelop – the choice is yours!
Contact us today to arrange an inspection and take the first step toward making this exceptional property yours!
This home is not just a property but a lifestyle opportunity, blending modern comfort with unmatched convenience in a family-friendly neighborhood.
Don't miss this exceptional opportunity to secure a property with immense potential in an unbeatable location.
Call Sunil Gera at 0430 200 150 or Sunny Chopra at 0420 344 444 to organize private inspection or video call.
Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Given are for general information only and do not constitute any representation on the part of the vendor or agent. Dimensions are approximate only. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Listing description written by Sunil Gera, Reliance Real Estate Melton — reproduced as published, not verified by Districts.