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.
5
Bedrooms
2
Bathrooms
4
Car spaces
971 m²
Land
516 m²
Building
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 971 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 971 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 PropertyThis property is being sold via an End Date Sale - All offers must be submitted prior to 5pm Mon 22 July. Seller reserves their right to sell prior.
Positioned on one of Melville's highest streets, this expansive 2-storey home offers the finest views in town. With breathtaking vistas of the Swan River and the Perth CBD, this exceptional property, situated on a substantial 971sqm subdividable lot, provides an incredible opportunity for discerning buyers.
The grandeur of the home is immediately evident as you step into the grand entry. Through the entry and keeping to the main level, you will find a large lounge room that leads to an outdoor decked area, perfect for enjoying open-air city views and providing access to the backyard. The main level also boasts some fantastic views through a wall of north-facing windows. The kitchen and main bathroom are also positioned on the main level along with two bedrooms, and multiple living/dining options.
Taking the staircase to the upper level you will find another versatile living space equipped with a kitchenette and leads to a large master suite and two additional bedrooms. The rooms upstairs enjoy captivating views of the river and Perth CDB. The upper level also benefits from a balcony that almost spans the entire floor and offers unbeatable panoramic views. These views truly set the property apart from all others.
Additional features of the property include preserved Jarrah floorboards under carpets on the main level, a garage with drive-through access to the rear garage/workshop, split system air conditioning, and a basement level with an under-croft store and cellar from which you can also access the back yard.
This property is ideally located for families within walking distance of both Melville Senior High School and Melville Primary School. It is surrounded by amenities, including shops, cafes, public transport, and recreational facilities, all within easy reach.
The vast site allows for various possibilities, whether you choose to live in now, retain and renovate the existing home, or explore redevelopment. Experience the best views in Melville with this unique property that offers both a desirable lifestyle and incredible potential.
Plans are available upon request. For a prompt response, please avoid contacting James via SMS option. Guidance on price will be provided upon receipt of your enquiry.
Property Features:
- Unrestricted River and City views
- Large landholding
- Subdividable property
- Highly sought-after street
- Options to renovate or redevelop
- Expansive existing home
- Multiple living areas
- 5 large bedrooms
- Large master suite
- Preserved Jarrah floors on main level
- Under croft store and cellar
- Rear garage/workshop
- Split system air conditioning
- High ceilings throughout
- Melville HS zone
- Melville PS zone
- Abundance of amenities, shopping, and dining options nearby
Listing description written by James Priestly, MGP Property — reproduced as published, not verified by Districts.
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