Kinross at a glance
7,517
People
$1,100,000
Median sale
$777/wk
Median rent
3.67%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
WA › Kinross › Melfort Circle
$795,000
Last sold
18 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
675 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
$795,000
18 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Kinross (last 5 years) with land size have a median of $1,554/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Kinross at a glance
7,517
People
$1,100,000
Median sale
$777/wk
Median rent
3.67%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Kinross
-27.7%
Median sale
Suburb $1,100,000
+1.41 pp
Gross yield
Suburb 3.67%
Suburb median $1,100,000 from 61 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 675 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 $777/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 675 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
Kinross at a glance
7,517
People
$1,100,000
Median sale
$777/wk
Median rent
3.67%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Gold Key RealtyUNDER OFFER - Home open cancelled - Sunday 01/10/2023
Exceptional family home situated in a great location and featuring a spacious open plan design with a beautiful, modern kitchen and light filled family and games area. Offering four generous sized bedrooms, multiple living spaces and two refurbished bathrooms, the owners of this home have thought of everything, creating a superb, contemporary space that is as functional as it is appealing. Adjoining the kitchen and living area, the sliding doors lead out to an entertainer's dream with a huge feature pitched patio and paved entertaining area overlooking the stunning swimming pool and grassed backyard, offering the perfect place to relax and entertain in comfort and style all year round.
Situated on a generous sized 675 sqm block in a whisper quiet location, in one of the most sought after 'Circle' roads in the heart of Kinross, a short distance to Falkland Park, Kinross Primary School, Kinross College and just minutes away from local shops and conveniences the property is ideal for the growing family. This property deserves your IMMEDIATE inspection as it won't last long, so call today!
Key features include:
* Double doors to tiled entry hall inc security screen doors
* Double French doors to formal loungeroom/theatre room inc gas point
* Huge master bedroom inc retreat, walk-in robe and modern ensuite bathroom
* Spacious open plan kitchen, family and meals inc wood combustion heater
* Double French doors to additional games/theatre room
Superb, modern kitchen design inc double fridge recess, built-in pantry cupboard, microwave recess, built-in wall oven, s/s canopy style rangehood over s/s gas cooktop, double s/s sink, dishwasher recess, breakfast bar as well as loads of storage and bench space
* 2nd bedroom (queen size)
* Laundry inc trough sink and walk-in linen cupboard, separate 2nd toilet
* Contemporary 2nd bathroom inc vanity/sink, shower and bath
* 3rd and 4th bedrooms inc walk-in robe (queen size)
* Ducted reverse cycle air-conditioning with zone control
* Completely private backyard inc feature pitched patio over paved outdoor entertaining area overlooking a fantastic below ground swimming pool and grassed area for children and pets to play
* Double garage inc remote door, undercover shoppers entry and large driveway that comfortably parks additional vehicles
* Landscaped, paved and auto reticulated (front yard only)
* Solar panels and instantaneous hot water system
* Built in 1998 on approx 675 sqm
Listing description written by Joe Morrow, Century 21 Gold Key Realty — reproduced as published, not verified by Districts.