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.
WA › Melville › Redwood Cres
3
Bedrooms
2
Bathrooms
3
Car spaces
830 m²
Land
305 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 830 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 830 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 PropertySurrounded by beautifully established gardens and in the highly sought-after suburb of Melville, sits this charming character home on a generous landholding. With ample space and a unique layout, this property provides a private and spacious family retreat with an array of options that will attract even the most discerning of buyers.
Inside you will be welcomed by spaces bathed in natural light which also include covered Jarrah floors, ready to be restored to their original beauty. The home offers multiple living areas, including a formal lounge at the front of the home, showcasing original character features. From the formal lounge, the kitchen delivers a transition from classic charm to modern convenience, with attractive cabinetry, quality appliances, and a gorgeous timber benchtop.
Beyond the kitchen, you will find a unique light-filled atrium that connects the main home to the games room and outdoor alfresco. The games room features a fully equipped bar, and with access to the atrium and alfresco, it delivers an entertainer's hub with distinct connectivity. The main bedroom is towards the front of the home and is generous in size. The home includes two more bedrooms and two bathrooms, one of which has a unique position and serves perfectly as a guest room or teenage retreat.
Outside, a large alfresco area invites year-round entertaining with access from the atrium and games room, while the beautifully landscaped and reticulated gardens provide a serene backdrop. There's plenty of room to play, garden, or simply relax in this private oasis. For those needing more, the home also boasts a secure double garage with extra storage space and an additional workshop, perfect for hobbies or additional storage.
This character-filled home offers a rare combination of space, charm, and convenience. Perfect for families, entertainers, or those seeking a substantial landholding that provides an abundance of options for future value creation. All of this in Melville, and just a short stroll to many desirable amenities, shops, parks, and public transport options.
This is a property you won't want to miss.
For a prompt response from James please use this website's enquiry box, and avoid contacting James via the SMS option.
If you haven't received an immediate reply via email, please check your junk box.
Features:
- Large landholding
- Character home
- Preserved Jarrah floors
- Light-filled home
- Versatile living options
- Multiple living areas
- Modern kitchen
- Enclosed atrium
- Games rooms with bar
- Large alfresco
- Large master bedroom
- Ducted air conditioning
- Immaculate landscaped gardens
- Fully reticulated
- Water tank
- Working bore
- 3-Phase power
- Secure double garage
- Possible 3rd car in garage
- Large shed/workshop
Listing description written by James Priestly, MGP Property — reproduced as published, not verified by Districts.
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