Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
0
Car spaces
702 m²
Land
100 m²
Building
Districts View
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 Melba (last 5 years) with land size have a median of $1,139/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 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
ACTPlanning 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Melba at a glance
3,426
People
$880,000
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Canberra*** Please go to https://raywhitecanberra.com.au/watch-our-auctions-live to watch the auction ***
In accordance with ACT Government health guidelines, unfortunately, we will not be conducting in-person open homes or auctions at this time. We will be conducting auctions through our online platform. Please contact your agent for further information.
Located in the highly sought after suburb of Melba at the end of a family-friendly cul-de-sac is this 3 bedroom home, perfect for first home buyers, downsizers and investors alike. Within walking distance to public transport, parks and schools whilst also offering a short drive into Belconnen, everything you need is nearby.
The existing residence, detailed below, boasts a long list of features and inclusions but the potential for a second residence or granny flat has already been taken care of. The block has been separated with a colourbond fence and encompasses a neat and landscaped backyard for the original house and a completely black canvas for the rear section of the block. A notice of approval for a granny flat has been granted so you can take full advantage of that if it suits your needs.
Inside the existing residence, you will find a light-filled open plan living and dining area, boasting full-length windows and is a great space to relax and unwind. The kitchen is equipped with electric cooking and ample storage, also overlooking the backyard it is easy to keep an eye on kids and pets whilst they play. The three bedrooms are all generous in size, complete with built-in robes/cupboards that will stay with the home and are serviced by the main bathroom and separate toilet.
Externally, the backyard is a blank canvas where you can create your ideal garden or outdoor entertaining space. The block is flat and fully fenced creating a safe and secure environment. If you are not interested in building another structure at the back then you can easily remove the middle fence and you will be left with an expansive rear yard that you can make your own.
Additional creature comforts include a split system unit and a laundry room with external access.
Features:
Open plan living and dining
Kitchen with electric cooking and ample storage space
Separate living room
3 spacious bedrooms with built-in robes
Well-appointed main bathroom
Separate toilet
Laundry room with external access
Split system installed
Fully fenced backyard
Block split into two sections with approval for a granny flat
Stats:
Build: 1972 (approx)
Block: 702m2
Living: 99.68m2
EER: 1.0
UV: $354,000
Rates: $2,507 pa
Land Tax: $3,468 pa0
Listing description written by Jake Battenally, Ray White Canberra — reproduced as published, not verified by Districts.
Nearby 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. This jurisdiction has no comparable official bond series in the free set.
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.