Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
QLD › Runcorn › Melrose Pl
4
Bedrooms
2
Bathrooms
1
Car spaces
543 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Runcorn (last 5 years) with land size have a median of $2,158/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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 $677/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
UnknownArea
Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RochedaleWelcome to 5 Melrose Place - a low-set, solid brick home positioned on a generous 543 square metre block in a quiet cul-de-sac within one of Runcorn's most convenient and family-friendly pockets. This home presents the perfect opportunity for first home buyers looking to enter the market, families wanting space and comfort, or investors seeking a quality, low-maintenance asset in a high-demand location.
Boasting four well-proportioned bedrooms, including a master bedroom with ensuite, and two modern bathrooms, the home has been freshly updated to suit a turn-key lifestyle. The main living and dining areas are open and airy, offering a welcoming sense of space, while large windows draw in natural light throughout the day. The interior has been finished with low-maintenance timber-look floors and ceramic tiling, making it ideal for growing families or buyers wanting a home that is easy to care for.
The kitchen is both stylish and functional, with sleek stone benchtops, gas cooktop, ample storage and a well-considered U-shaped layout that opens to the dining area. It is perfectly suited for everyday living and weekend entertaining alike. A separate laundry with external access adds to the home's practicality.
Outdoors, the flat 543 square metre allotment provides ample green space for kids and pets to enjoy, or for buyers looking to add value through future landscaping or extensions, subject to council approval. The home is set back from the street, with driveway parking and a lock-up garage for added convenience and privacy.
Location is a key advantage. Families will appreciate being within walking distance to Runcorn Heights State School, while shoppers will enjoy proximity to major centres such as Sunnybank Hills Shoppingtown, Calamvale Central and Compton Centre. Westfield Mt Gravatt and the Brisbane CBD are only a short drive away, and public transport options, parks and childcare are all nearby, reinforcing the lifestyle appeal of this address.
This is a rare opportunity to secure a beautifully presented, move-in ready home in a tightly held neighbourhood. Whether you're a first home buyer, a family looking for room to grow, or an investor searching for strong returns and capital growth potential, 5 Melrose Place is a property that delivers on every front. Enquire today to arrange your private inspection or attend one of our upcoming open homes.
Listing description written by Benny Liu, Ray White Rochedale — reproduced as published, not verified by Districts.
Nearby 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.