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.
For sale
For sale
2
Bedrooms
1
Bathrooms
1
Car spaces
434 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
Asking
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 434 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 434 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 Mack Hall Real Estate in assoc. with Knight Frank ApplecrossHOME OPEN SUNDAY 23/8 CANCELLED.
Commanding an elevated corner position in the heart of Melville, 47 Money Road presents an outstanding opportunity to secure a 434sqm landholding where orientation, elevation and outlook combine to create something truly special.
With a superb northern aspect, the site offers the foundations for an exceptional future residence. Imagine designing a striking two or three-storey home that embraces the natural elevation, captures beautiful northern light and opens its upper levels towards sweeping river and Perth city views. From morning light across the landscape to the city skyline illuminating in the evening, this is a position that deserves a home designed around its outlook.
The corner setting further enhances the possibilities, providing an exciting canvas for contemporary architecture and a residence that makes full use of its position, aspect and elevation.
For now, the property is occupied by a charming and functional 50's built two-bedroom, one-bathroom home, offered for sale on an "as is, where is" basis. A renovated bathroom and light-filled renovated kitchen add immediate appeal, while the existing home provides the flexibility to simply live in the interim whilst you plan your next move or hold and enjoy an income stream as plans for the future take shape.
Currently leased to excellent tenants who would love the opportunity to remain, buyers can secure the property today and take their time planning, designing and preparing for the next chapter without the pressure of an immediately vacant home.
There is something compelling about a property where you can already visualise what could stand here in years to come. A beautiful contemporary residence, expansive glazing, northern light, elevated entertaining spaces and balconies positioned to capture the river and city beyond.
434sqm. Elevated corner position. Northern orientation. River and city views. Expansive open outlook. An exceptional canvas for what comes next.
Secure the position today, plan without compromise and create a home worthy of the outlook at 47 Money Road, Melville.
• 434 Square metre strata title with clearly defined boundaries.
• Amazing prominent, elevated corner position.
• Potential to capitalise on superb river and city views.
• Amongst many quality new homes being built.
• Central Melville location.
• Walking distance to Melville Primary School.
• Short stroll to community favorite Kadidjiny Park.
• Planning approved three storey custom home design available on request.
• Presently tenanted.
• Property being sold on an 'As is, where is' basis.
*Please note the sellers reserve their right to sell prior to the end date.
Listing description written by Adrian Holler, Mack Hall Real Estate in assoc. with Knight Frank Applecross — reproduced as published, not verified by Districts.
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