Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Melrose Park › Wheaton Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
445 m²
Land
260 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 Melrose Park (last 5 years) with land size have a median of $1,494/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $580/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. This lot’s own applications are a separate question. 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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White UnleyA sophisticated newly built large home that offers a stylish lifestyle with comfort and ease of living at the heart of this design.
Completed to perfection and offering flexible and open plan living areas for professional couples and families.
A rare market opportunity in a leafy street in Melrose Park.
Beyond the sophisticated exterior you will immediately be impressed with the high coffered ceiling, enhanced by the stepped cornices, white crisp walls and the timeless beauty of timber flooring.
The gorgeous master bedroom also features the coffered ceiling and boasts a generous walk in robe and truly luxurious en suite.
Designed to exceed expectations with floor to ceiling tiles, double vanity, stone bench top and generous shower.
The spacious main bathroom features a stunning free standing bathtub, and quality fixtures and fittings. The second toilet is separate.
The classic dcor continues into the laundry with ample bench space and storage- sure to impress.
Immaculate from start to finish, this stunning home caters for all your family's needs. The theatre room allows for great movie nights or as a quiet retreat.
The dream chef's kitchen features classic white silk cabinetry with stone benchtops.
Feature pendants hang above the island. In the main kitchen are Bosch appliances including integrated range hood, gas cooktop and electric underbench oven as well as a double sink.
The butler's pantry boasts ample storage and shelving as well as the dishwasher and second sink.
Ducted reverse cycle and zoned air conditioning makes life easy.
Large double sliding doors provide seamless entry to the covered alfresco area, allowing an abundance of natural light into the home. Here you will be able to entertain guests and family in style as well as providing an ideal place to relax throughout the year.
Ideally located with easy access to both the city and the sea, a great range of shops, trendy cafes, parks and quality schooling options including Cabra Dominican College, Scotch College and St. Therese School.
A quintessentially family friendly home, perfectly matched to a relaxing lifestyle. This fantastic opportunity to buy into a highly desirable suburb is not to be overlooked.
More Reasons to love this home:
- Double garage with automatic panel lift door and direct access to the rear
- Easy care landscaping with artificial lawn
- Engineered hardwood timber flooring
- Close to public transport
- Quality finishes throughout
- LED down lights
- Convenient location
- 2.7-3m ceilings
- Quiet leafy street
- Rainwater tank
Listing description written by Josh Gillespie, Ray White Unley — reproduced as published, not verified by Districts.