Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton South › Connel Dr
$550,000
Last sold
17 Aug 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
530 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
$550,000
17 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Melton South (last 5 years) with land size have a median of $1,014/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Melton South
-5.6%
Median sale
Suburb $582,500
+0.24 pp
Gross yield
Suburb 3.97%
Suburb median $582,500 from 165 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 $445/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 South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA MeltonSituated on a large 530m2 (approx.) allotment and located in a quiet and convenient street, this property is sure to impress all buyers. Being within close proximity to parklands, shopping complexes, walking tracks, public transport, Melton Train Station, and zoned schools, this property offers not only a perfect family living environment but a wonderful area to enjoy all that the beautiful Melton community has to offer. The street is directly situated across from St Anthony's Primary School and Melton South Primary School, only moments away from Staughton College and Al Iman college makes this the ideal home to raise a family or prime investment.
As soon as you enter into the foyer, you will notice the fresh white paint, new blinds and great looking floor boards that flow through out! The storage cupboard at the front door makes life easy for bag and shoe storage. The massive lounge and dining space are not only massive in size but also offer comfortable living with a reverse cycle split system and wall furnace. The kitchen boats plenty of bench and cupboard space, the freestanding gas cooktop and oven with overhead storage provides the family with everything they need!
All three bedrooms are not only generously sized, but boast built-in robes, they are all also serviced by the bright central bathroom. There is a separate toilet and good sized laundry that leads outside! Outside there is plenty of space for the kids/pets to run and play while the oversized double car garage provides not only car accommodation but also enough space to have a workshop!
The property is currently leased out for $1,716 per calendar month to the perfect tenants.
To ensure you don't miss out on this amazing property, call Ryan Anders on 0434 900 300 or Ricky Frew on 0402 007 100 today!
(Photo ID is Required at all Open For Inspections)
At YPA Melton “Our Service Will Move You”
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
Listing description written by Ryan Anders, YPA Melton — reproduced as published, not verified by Districts.
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