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.
WA › Melville › Redwood Cres
5
Bedrooms
2
Bathrooms
3
Car spaces
832 m²
Land
313 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
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 832 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 832 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 MGP PropertyThis Property is being sold via an End Date Sale, with offers closing at 5pm Monday 14 October. (Seller reserves their right to sell prior)
Sitting elevated in a sought-after family suburb, this amazing property offers a rare fusion of style, character, and comfort, with a unique level of versatility not found anywhere else.
Once inside the home, you will embrace a complimentary blend of character and modern features. With original Jarrah floorboards, and bathed in natural light, there is an immediate feeling of warmth, while a plethora of contemporary upgrades brings a profound element of class, comfort, and convenience. It's a true showcase of charm and modern harmony.
From its north-facing alfresco, leading into a spacious lounge area, a dining area thoughtfully designed to capture treetop views from an elevated rear deck, a gorgeous central kitchen, and an expansive rear living area, this home possesses a seamless flow. The kitchen boasts high-end finishes and appliances and is the beating heart of the home. The rear deck, conveniently accessible from both the dining and rear living, offers an ideal setting to soak up pleasant views on those warm summer evenings.
Three generous bedrooms are located off the main hall, two with built-in robes, and all showcase beautiful jarrah floorboards. The bedrooms share a sleek bathroom and a large laundry provides ample storage. The property also enjoys enclosed yard spaces at both the front and rear.
To add to the long list of features, this property also includes a fully equipped 2-bedroom 1-bathroom granny flat at the rear of the property. The granny flat has private access and parking. The options for this feature are endless; dual income potential, a guest house, a teenage retreat, international living, a home office, the options go on and on.
You'll instantly fall in love with this stunning home, impeccably finished and brimming with style. The endless lifestyle options across essentially two homes make this Melville property an incredibly rare opportunity, and one we have not seen in Melville this year. Don't miss your chance to make it yours.
For a prompt response from James please use this website's enquiry box, and avoid contacting James via the SMS option.
If you haven't received an immediate reply via email, please check your junk box.
Property Features:
- Large landholding
- Gorgeous 3x1 main dwelling with 2 living areas
- Fully equipped 2x1 granny flat with own access
- Blend of character and modern design
- Light-filled home
- Quality finishes throughout
- Stylish kitchen with high-end appliances
- Split system air conditioning
- High ceilings
- Jarrah floors
- Plantation shutters
- Large laundry
- Large front alfresco
- Elevated rear decked area
- Two enclosed yard areas
- Ample parking
Listing description written by James Priestly, MGP Property — reproduced as published, not verified by Districts.
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