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
$1,850,000
Last sold
18 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
975 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
$1,850,000
18 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Melville (last 5 years) with land size have a median of $2,352/m² of land (n=96). 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.
Vs Melville
+16.0%
Median sale
Suburb $1,595,000
-0.38 pp
Gross yield
Suburb 2.75%
Suburb median $1,595,000 from 30 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 975 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 975 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 Executive Property Sales & ManagementIt has been a while since I have seen a property like this come to market in Melville. Not just because of the land size but what this offers you. A well cared for and well-established home with the original home being built in the 1950’s and additions added on over time. This has created one awesome family home and best of all you can still add value to it.
With those original features being a standout throughout the home, from the high ceilings to ornate cornices and Jarrah floorboards. The homes versatile floorplan means you could ultimately have three living areas by making the current dining area a living and dining area which would become a integral part of the home with the servers opening from the kitchen.
The original living area has a nostalgic feel to it. With high ceilings, ornate cornices, jarrah floorboards and a fireplace which is still in use. This creates a quiet, relaxing and cosy space for reading or some quiet downtime.
Even though the original build is from the late 50’s the way the additions have been added make a lot of sense. The minor bedrooms on the left side of the home and the Parents Retreat on the right. Giving the kids and parents their own space and privacy which can be a hard attribute to find in any home.
Speaking of the kids wing, they have their entire own living space where you could also fit a desk for study space. All three minor bedrooms are a great size and with those big windows there is also a flood of natural light.
The Master Suite has a tranquil feel thanks to the amazing outlook onto the garden space plus you can really open this space up thanks to the bi-fold doors allowing in all the fresh air.
The rear garden has space for kids to play, dogs to run, parties for kids and adults to be had and can create so many lasting memories. To top it off there is parking down the side for a boat or caravan, a shed at the rear for those who like to tinker or extra storage and you have more than enough space for chickens a veggie patch or even a pool.
Overall, this wonderful family home is one that is rare to find and you may not find another like it for quite some time.
> 975sqm block
> Potential to retain and build (STCA)
> Potential second storey views of the Freo Cranes
> Public Schools with approx. 1km away
> Anthony Dodd Reserve 300m away
> WN Malcolm Reserve 500m away
> Original Build Year 1958
> Council Rates FY 25/26 2,040
> Water Rates Approx $1,250
> Fibre To The Premises
> Solar Hot Water
> Side Access for boat, caravan or trailer
> Extra High Carport
> Room for a pool
Listing description written by Antony Doolin, Executive Property Sales & Management — reproduced as published, not verified by Districts.
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