Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
ACT › Melba › Grainger Circuit
4
Bedrooms
2
Bathrooms
2
Car spaces
702 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 Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 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
ACTPlanning 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Luton Properties DicksonSituated on the gentle rise of a peaceful and attractive street, this quality built and well presented four bedroom ensuite home has plenty of space throughout and a well designed floor plan. A practical, circular stamped concrete driveway, neat gardens, portico and full length windows contribute to the excellent street appeal. The spacious entry and lounge provide a welcoming first impression and have a sunny northerly aspect, while the dining area easily accommodates a large setting. Pelmets in the formal living areas add to the presentation and help maintain warmth generated by the ducted gas heating, as does the wall and ceiling insulation which all contribute to the impressive energy rating of 5 stars, whilst an air conditioning unit ensures comfort year round.
Moving through to the informal living, the inviting updated galley kitchen is equipped with a gas hob, wall oven, dishwasher, wine rack, many cupboards, pantry and ample food preparation bench space. A wall of built-in cabinetry in the family room could display your precious books and items. The family room opens onto an expansive private, paved entertaining area with brick barbeque and adorned with wisteria. It has a fully insulated roof and a calming water feature, making this outdoor living space especially relaxing. A timber ramp runs into the safely enclosed rear garden.
The generously sized master bedroom faces north, has a large walk-in robe, ensuite, an air conditioning unit and a restful outlook to the reserve. Bedroom two has a similar aspect and outlook. This room and remaining bedrooms are all refreshingly large and have built-in robes. The main bathroom has both a bath and shower and there is a separate w/c.
The attached brick garage has access to the fabulous entertaining area and there is a carport on the other side of the house. A massive bonus is the 3 kW solar array of 12 panels which minimises power bills.
The location is perfect for the family, with easy access to a pre-school, and government and Catholic primary and secondary schools and colleges. Play time is sorted with a reserve directly opposite and Melba neighbourhood oval a short walk away, while Melba local shops is complete with a petrol station.
Optimally positioned in a well maintained street, spacious and inviting, conveniently located near schools and open space; family homes don't come much better than this! Be sure to inspect early and discover your new home.
- Presented in mint condition, north facing 4 bedroom ensuite home with excellent street appeal
- Desirable location in elevated, well maintained street
- Separate, generously proportioned formal and casual living areas
- Large updated galley kitchen, with gas hob, dishwasher, pantry, many cupboards & wine rack
- Ducted gas heating, new unit approximately 18 months old
- Air conditioning units in formal living area and master bedroom
- Wall and ceiling insulation
- Energy Efficiency rating of 5 stars
- The benefit of 12 solar panels - 3 kW system
- Gas storage hot water system
- Expansive covered, private entertaining area with insulated roof, brick barbeque and water feature
- Spacious bedrooms, all with built-in robes
- Generous master with walk-in robe, ensuite, air conditioning unit and outlook to reserve
- Alarm system
- Attached brick garage plus carport
- Easy care, mature gardens
- Terrific location, with reserve and oval moments away
- Conveniently close to a selection of highly regarded schools catering from pre-school to primary and secondary, including Catholic (St Monica's and St Francis Xavier) and Government schools
- The local Melba shops are nearby and offer a selection of shops, restaurants and service station
EER: 5
Land Size: 702m2 (approx.)
Land Value: $300,000 (approx.)
Land Rates: $1,985 pa (approx.)
Listing description written by Aniko and Peter Carey, Luton Properties Dickson — reproduced as published, not verified by Districts.
Nearby 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. This jurisdiction has no comparable official bond series in the free set.
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.