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.
$1,400,000
Last sold
11 Aug 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
535 m²
Land
246 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
$1,400,000
11 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Melville (last 5 years) with land size have a median of $2,301/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
-12.2%
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 535 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 535 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 Mi Casa Property BoutiqueTHE FEATURES YOU WILL LOVE
If first impressions say anything then this superb home certainly delivers on its promise. Boasting a spacious interior, enthusing outdoor area, and functional floor plan, this immaculate three-bedroom, two-bathroom home is one to get excited about. With multiple zones, the highly practical two-level layout offers space and versatility. Outdoors, the flow of space continues with a lovely area to entertain or relax and an array of well-established plants and trees. Nestled on a low maintenance block, this home is the perfect platform for day-to-day life in a central location, this residence presents a savvy option for both the growing family and empty nesters alike. The ultimate destination for your next step in life, this home must be seen to be believed.
- Three bedrooms
- Two bathrooms
- Two living areas
- Two car garage
- Timber floors
- High Ceilings Throughout
- Air conditioning
- Private & secure
THE LIFESTYLE YOU WILL LIVE
The ever-sought-after lifestyle of Melville is at your fingertips. Melville offers residents a selection of desirable amenities all within proximity to alleviate the stress of a busy lifestyle. Combine this serene locale with all the vibrancy, the local cafes, restaurants and proximity to transport, and your lifestyle is one of leisure. Positioned with proximity to Fremantle, and just a short drive to the golden sands of Western Australia's most pristine beaches, all the boxes are ticked with Melville living!
THE DETAILS YOU WILL NEED
Council Rates: $2,527.59 per annum (approx.)
Water Rates: $1,457.58 per annum (approx.)
Land Area: 535m2
Build Area: 244m2
For further details please contact Exclusive Selling Agent Thomas Bale from Mi Casa Property Boutique on 0406 403 888
Disclaimer:
Whilst we use our best endeavours to ensure all information is correct, buyers should make their own enquiries and investigations to determine all aspects are true and correct.
Listing description written by Thomas Bale, Mi Casa Property Boutique — reproduced as published, not verified by Districts.
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