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 › Manson Dr
$540,000
Last sold
1 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
585 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
$540,000
1 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Melton South (last 5 years) with land size have a median of $1,015/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
-7.3%
Median sale
Suburb $582,500
+0.32 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 First National Real Estate MeltonPositioned in a well-established pocket of Melton South and within close proximity to the Melton South Train Station, this property presents an outstanding opportunity for investors, developers or buyers looking to secure land in a key growth location.
Set on a generous 585m2 allotment within the Residential Growth Zone (RGZ), the property offers exciting potential for future development or land banking (S.T.C.A), while providing immediate rental income with a long-term tenant currently in place on a month-to-month basis.
The home is an original brick veneer residence comprising three well-sized bedrooms, each fitted with built-in robes, ceiling fans, a central bathroom, a spacious living area and a large kitchen with adjoining meals space. Solid timber flooring adds warmth throughout the main living zones.
Externally, the property offers excellent vehicle access via side gates leading through to a freestanding two-car garage and additional workshop space, providing flexibility for storage, trades or hobby use. A substantial backyard further enhances the potential of the site.
The location is a key highlight, with Melton South Train Station, local shopping centres, schools and everyday amenities all within easy reach, making this an attractive position for future redevelopment or long-term investment.
Properties within this zoning are increasingly sought after as Melton continues to evolve, with proximity to transport and established infrastructure playing a significant role in future planning outcomes.
Property Features
• Residential Growth Zone (RGZ) zoning
• Development potential (S.T.C.A)
• Three bedroom brick veneer home
• All bedrooms with built-in robes
• Central bathroom
• Spacious lounge and separate meals area
• Large kitchen with ample storage
• Solid timber flooring
• Side access to rear yard
• Freestanding double garage with additional workshop
• Large backyard offering future potential
• Currently tenanted on a month-to-month basis to a long-term tenant
• Close proximity to Melton South Train Station, schools and shopping amenities
Buyer Note
Every effort has been made to ensure the accuracy of the information provided. However, prospective purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs Victoria before making any decision to purchase.
Consumer Affairs Victoria Due Diligence Checklist www.consumer.vic.gov.au/duediligencechecklist
Disclaimer
First National Real Estate Melton has taken every precaution to establish the accuracy of the information provided. However, we accept no responsibility and disclaim all liability for any errors or inaccuracies. Prospective purchasers should conduct their own investigations and rely on their own enquiries.
Listing description written by Jade Carberry, First National Real Estate Melton — reproduced as published, not verified by Districts.