Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton West › Lakeview Tce
$880,000
Last sold
18 June 2025
6
Bedrooms
3
Bathrooms
2
Car spaces
803 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
$880,000
18 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton West (last 5 years) with land size have a median of $922/m² of land (n=151). Districts calculation from recorded sales — not a valuation.
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Melton West
+44.3%
Median sale
Suburb $610,000
-1.17 pp
Gross yield
Suburb 3.84%
Suburb median $610,000 from 111 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $451/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Fletchers MeltonWake up to breathtaking lake views every morning from this beautifully crafted family haven, perfectly positioned on an expansive 802m² (approx.) block in one of Westlake's most sought-after neighborhoods. Blending natural beauty with everyday convenience, this peaceful retreat offers proximity to top schools like St Catherine of Siena and St Francis College, shopping centers, parks, and essential amenities.
Step inside and experience timeless charm complemented by modern updates. High ceilings and generous living spaces create a warm, inviting ambiance. The formal lounge at the front of the home provides a serene setting to relax or entertain, with tranquil lake views as your backdrop. A versatile ground-floor bedroom and a stylishly renovated bathroom make hosting guests or accommodating family a breeze. The built-in study offers the perfect work-from-home space.
The heart of the home is the chef’s kitchen—a true showstopper. With 40mm stone benchtops featuring sleek waterfall edges, Bosch 900mm induction cooktop, double wall ovens, and a spacious walk-in pantry, this culinary haven flows seamlessly into the open-plan dining and living areas, all with stunning lake views.
Upstairs, discover five spacious bedrooms and a versatile second living area ideal for a playroom or chill-out zone. The luxurious master suite is a retreat unto itself, featuring ample space for a sitting area, a walk-in robe, and a spa-like ensuite with double vanities, an oversized shower, and a relaxing spa bath.
Outside, the magic continues. The extended pergola provides a year-round space for entertaining, while the expansive grassed area is perfect for kids and pets. Enjoy double-gate access for secure storage of trailers, caravans, or additional vehicles, plus potential space for an extra garage (STCA).
Practicality meets comfort with ducted heating, evaporative cooling, hybrid flooring, ceiling fans, CCTV security, and a double garage with remote access.
This stunning lakeside property offers the ultimate in family living, where every day feels like a retreat. Don't miss the chance to make this dream home yours—where elegance, space, and nature combine effortlessly.
Listing description written by Varun Vagdhan, Fletchers Melton — reproduced as published, not verified by Districts.