Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton › Lakewood Blvd
$601,000
Last sold
13 June 2025
4
Bedrooms
1
Bathrooms
1
Car spaces
450 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
$601,000
13 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton (last 5 years) with land size have a median of $911/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Vs Melton
+4.6%
Median sale
Suburb $574,500
-0.17 pp
Gross yield
Suburb 3.74%
Suburb median $574,500 from 108 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $413/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Melton at a glance
8,122
People
$574,500
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA MeltonSituated in the esteemed Darlingsford Estate this charming residence oozes with charm and directly overlooks the Melton Botanic Garden. With easy access to schools of all levels, walking tracks, parks, High Street Shopping Precinct and more this property is centrally located to everything you will need!
As soon as you walk up to this fantastic property you are greeted with a stunning front garden that leads you to the front door. As you enter you are met with the master bedroom, which is generous in size and features a ceiling fan and large walk-in robe that directly leads into the ensuite/central bathroom which showcases a bath, shower and upgraded vanity! The remaining three bedrooms are all well sized and feature built in robes and ceiling fans providing comfort all summer long!
Sitting adjacent to the fourth bedroom sits the convenient first living area, ideal for the family movie night or to be used as a kids retreat, separated from the main living and dining area. The heart of the home opens up into the large open plan living and meals area featuring a split system and boasts plenty of space for every family or to entertain guests! The quality kitchen over sees this space and features 40mm stone benchtops, dishwasher, large skylight, 900mm appliances, ample bench and cabinetry space.
Moving outside you are met with a stunning decked alfresco area, surrounded by beautiful gardens and plants adding a comforting and inviting feel to the space. The drive through access from the garage provides extra storage of cars, trailers, boats and more. While the stunning yard opens up to a grassed yard area which features a vine covered seating area accompanied by weeping cherries, garden shed for extra tools storage and ample room for kids and pets alike to run and play.
Extra special features include; ducted heating, evaporative cooling, ceiling fans throughout, garage with drive through access, split systems, multiple living areas and so much more!
Don't miss your chance to secure something special in a sought-after location, call Shane Spiteri today on 0488 980 115!
Listing description written by Shane Spiteri, YPA Melton — reproduced as published, not verified by Districts.