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.
ACT › Melba › Mceachern Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
161 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.
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 CanberraPositioned in a quiet street in the sought after location of Melba is this immaculately presented 4 bedroom family home that has been both loved and cared for over the years and has a certain feel that words cannot describe. Offering light filled living spaces, an open plan kitchen and an expansive covered deck, this home truly has all the features any family or keen entertainer could ask for and more.
The kitchen will sure to impress with an abundance of storage and bench space and a large walk in pantry to home all your cooking needs. Overlooking the rear covered entertaining deck the kitchen really is the hub of the home and coupled with indoor and outdoor spaces it will be home to many a family gathering or friendly get togethers for years to come.
There are four generously sized bedrooms all complete with floor to ceiling built in robes. The master bedroom comes with a spacious ensuite and all remaining bedrooms are serviced by the family bathroom and separate toilet.
Storage is something that has been planned and executed perfectly throughout the home with multiple floor to ceiling cupboards, including: laundry, linen press, coat cupboard, broom cupboard, wardrobes and a walk in pantry. In addition there is a newly refurbished double carport and two lockable storage sheds.
Established landscaped gardens and paved areas in the backyard provide a safe and secure space for kids to play and pets to roam while entertaining friends and family on the deck.
Year round comfort is ensured with ducted evaporative cooling and ducted gas heating throughout the home. In addition, electric shutters are on all the westerly facing windows to the rear of the home and there is a split system reverse cycle a/c unit in the lounge / living area.
Homes in such good condition and great location are in high demand and short supply. We encourage you to inspect today.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION ON 11TH FEBRUARY 2017, ON SITE at 12:30PM
Features:
Spacious Master bedroom with built in robes and large ensuite
3 bedrooms with floor to ceiling built in robes
Ducted evaporative cooling
Ducted gas heating
Reverse cycle split system air conditioning
Ceiling fans in all bedrooms
Electric shutters on all westerly facing windows
Large covered entertaining deck
Exceptional storage including floor to ceiling linen press, broom cupboard, coat cupboard, and walk in pantry
Double carport
Storage sheds
Back to base monitored alarm system with panic button
Locks on all windows and sensor lights on house surrounds
2 external power outlets
Established garden complete with watering system
Proximity
Driving distance:
6 mins to University of Canberra
9 mins to Westfield Belconnen
10 mins to Calvary Hospital
15 mins to Gungahlin Town Centre
19 mins to Civic
Walking distance:
3 mins to local bus stop
5 mins to Melba Copland Secondary College
6 mins to St Monica's Primary School
7 mins to Mount Rogers Primary School
9 mins to Miles Franklin Primary School
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.