Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Melaleuca Dr
$910,000
Last sold
3 Aug 2026
4
Bedrooms
1
Bathrooms
1
Car spaces
665 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
$910,000
3 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Greenwood (last 5 years) with land size have a median of $1,448/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-20.6%
Median sale
Suburb $1,146,750
+0.89 pp
Gross yield
Suburb 3.41%
Suburb median $1,146,750 from 56 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 665 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 $752/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 665 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
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark North CoastalCalling all renovators, dreamers, tradies, weekend warriors and anyone who's ever watched a renovation show and thought, "I could do that!"
What to Love
Welcome to 52 Melaleuca Drive, Greenwood - a classic 1970s original that's been patiently waiting for someone with vision, imagination and perhaps a few tradie mates on speed dial.
Set on a generous 665sqm corner block, this four-bedroom, one-bathroom home offers the perfect blank canvas to create something truly special. The bones are here, the location is exceptional, and the opportunities are endless. Whether you're looking to renovate and reap the rewards, create your forever family home, or simply roll up your sleeves and add some serious value, this is your chance to let your creativity run wild.
The home itself is ready for a makeover, but the lifestyle on offer is already first class. Enjoy morning walks through nearby Blackall Reserve, grab your daily essentials from Greenwood IGA or Greenwood Village, and appreciate the convenience of quality schools, public transport and easy access to major road networks connecting you to Perth CBD and beyond.
Let's be honest-she's not winning any beauty contests right now. But with the right vision, a little elbow grease and a healthy dose of flair, this could be the transformation story everyone talks about.
What to Know
• Original 1970s four-bedroom, one-bathroom home
• Generous 665sqm corner block
• Incredible opportunity to renovate and add value
• Good bones and loads of potential
• Fabulous location
• Perfect for renovators, investors and buyers wanting to create something special
Properties with this much potential in such a tightly held location don't come along every day. Bring your imagination, your toolbox and maybe a few tradie mates-because this one is ready for its next chapter.
Set Date Sale | Offers will be presented Wednesday 8th July @ 5pm
For further information contact Dave Seah | 0421 495 752
Listing description written by Dave Seah, Realmark North Coastal — reproduced as published, not verified by Districts.
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