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ACT › Melba › Horsley Cres

44 Horsley Cres, Melba ACT 2615

House

$980,000

Last sold

17 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

919 m²

Land

175 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $980,000 (17 Oct 2023).(Recorded sale)
  • CalculationLand 919 m² against a 175 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Melba (last 5 years) with land size: median $1,167/m² of land (n=12). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$980,000

17 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Melba (last 5 years) with land size have a median of $1,167/m² of land (n=12). 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.

See the full Melba report →

Vs Melba

+11.4%

Median sale

Suburb $880,000

-0.24 pp

Gross yield

Suburb 2.36%

Suburb median $880,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$980,00017 Oct 2023
  2. Listedprice unknowncompleted12 Oct 2023
  3. Soldprice unknown7 Feb 2019
  4. Listedprice unknowncompleted2 Nov 2018

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Melba in one glance

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.

See the full Melba report →

Keep researching

  • Why Melba? Read the area thesis →
  • What else is on the market in Melba →
  • Other records on Horsley Cres →

Listing material

Listed by HOME.BYHOLLY

every bit at home

#soldbycris #soldbymcreynolds $980,000

With its combo of warm brick and wide timber veranda this house looks every bit at home within its tree dotted locale. Beautifully renovated and exuding a welcoming, relaxed spirit, the home packs a sustainable punch, with perfect solar orientation and boosted thermal performance. You will appreciate the 4.5 star energy efficiency rating.

This inviting four-bedroom home rises from lovingly tended gardens and commands elevated views out to treetops, blue sky. The corner block lends a lovely feeling of openness, gifting a nice connection to the laid back family flavour of the neighbourhood. It is an easy stroll to local schools and peaceful green woods.

Read the full description

Steps usher to the veranda with sweeping views and enough room for dining among the treetops. To the left of the home a private driveway leads to double garage, and there is gated access to the back garden and home office.

Within the open living and dining space is awash with sunshine with banks of windows that capture those gorgeous treetop vistas. This is a generous space with relaxed white washed walls and well-chosen soft oak tones to the new hybrid flooring.

The adjacent kitchen is all white on white with warm timber joinery, banks of storage and luxe appliances. A large walk-in-pantry ensures there is a place for everything. A handy servery window gives peek-a-boo glimpses through to the dining area and there is a nice flow from the living spaces to the covered deck that is fully screened to keep the insects at bay. This is the place to be on balmy summer days and warm nights, the table set for plenty, relaxing with family and friends…wonderfully private with a feeling of being immersed in nature yet protected from the elements.

The master retreat is ideal for relaxing and recovering from the day with its dual spaces for sleeping and living. Eastern light warms the elegant bedroom with an ensuite bathroom and built-in-robe. Glass doors can be flung open welcoming breezes as you relax within the adjacent living space. Think cosying on the couch with a movie or unwinding with a glass or two, perhaps drifting deck side during the warmer months.

The kids zone features three bedrooms amenable to a renovated family bathroom with tub. The largest of the three bedrooms has twin windows that welcome morning light and frame pink flowering camelias.

A Japanese maple adds to the spectacle of colour as paths lead past beautifully planted garden beds. There is lots of additional private parking off Bowden Place and tucked neatly on one side of the parent's deck is the home office/studio. Picture windows overlook soft lawns, so you can work from home steeped in garden peace.

The home is within walking distance to schools, parks, transport and Ginninderra Creek, BMX Club and Melba Half Acre Wood and surrounded by green space and reserve. Close to the fabulous Melba shops, with local favourite Café Mamé, famous for its delicious pastries and vegan options, the home is also close to the Belconnen precinct, connecting you to a plethora of shopping, dining, and entertainment options. Handy to the University of Canberra, AIS, Lake Ginninderra, Bruce Stadium, it is a mere 19 minutes to the CBD.

features.

.beautifully renovated four-bedroom ensuite home in peaceful Melba

.surrounded by green spaces including Melba Four Acre Woods and wetlands

.easy stroll to Mt Rogers Primary, Melba Copland Secondary School, Copland College

.open plan living, dining with north eastern views to treetops and flow to large front veranda

.kitchen with walk-in-pantry that drifts to covered and screened rear deck

.loads of storage, power to island bench, twin sink, pyrolytic oven, induction cooktop and dishwasher

.Illume skylight in kitchen

.sequestered master retreat with bedroom, living area that merges to deck and garden

.ensuite with new vanity, built-in-robe, fan and AC to master

.three bedrooms amenable to a renovated family bathroom with tub

.large 2nd bedroom with double aspect windows

.dual power points to main and second bedroom

.LED downlights throughout

.Reclaim 315L Heat Pump hot water system

.Daikin multi head RC/AC to bedrooms and second living

.Daikin stand-alone RC/AC to main living

.Daikin stand-alone RC/AC to office

.6.7KW Solar system, Fronius Primo Inverter with Smart WIFI monitoring

.Keylite Skylight to 4th bedroom, double glazed remote opening and solar powered .integrated block out blind

.insulation to roof, walls and underfloor (roof -R6.7 cross hatch Earth wool, Walls - Knauf Supafil, Floor - Spray Cell foam to subfloor R2.5

.IXL - DraftStoppa cover plates to Tastic in both bathrooms

.fibre to the Node, 80Mbps down / 20Mbps up

.all electric (no gas)

.renovated laundry

.honeycomb blinds to all bedrooms

.twin double door storage in hallway

.office overlooking the backyard with own RC/AC

.full size twin garage with power and lights, auto door with two remotes

.dual entrance block with parking for 3 cars and a camper at second entrance

.extensive under house storage, concrete floor

.paved entertainment area in backyard

.Colourbond fence to one side

.cat flap professionally fitted to glazing in second living space

.switch board updated with solar installation

. Handy to the Belconnen Precinct, University of Canberra, AIS, Lake Ginninderra, Bruce Stadium, and a mere 19 minutes to the CBD

EER: 4.5

Block size: 919m2 approx.

Rates: $2,743 approx. per annum

Listing description written by Cris O'Brien, HOME.BYHOLLY — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.