Forest Hill at a glance
3,227
People
$579,000
Median sale
$530/wk
Median rent
4.76%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
NSW › Forest Hill › Melaleuca Dr
$540,000
Last sold
29 Sept 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
558 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
$540,000
29 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Forest Hill (last 5 years) with land size have a median of $824/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Forest Hill at a glance
3,227
People
$579,000
Median sale
$530/wk
Median rent
4.76%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Vs Forest Hill
-6.7%
Median sale
Suburb $579,000
+0.34 pp
Gross yield
Suburb 4.76%
Suburb median $579,000 from 52 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $530/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Forest Hill at a glance
3,227
People
$579,000
Median sale
$530/wk
Median rent
4.76%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Macarthur Real Estate AgencyDiscover comfort, convenience, and modern living in this stunning 6 year old brick home. Whether you're an astute investor, downsizing to a more manageable space, or embarking on the exciting journey of homeownership, 53 Melaleuca Drive has it all.
- Featuring three bedrooms, the master suite is located at the front of the home complete with a walk-in robe, plantation shutters and a tastefully designed ensuite
- Remaining two bedrooms await you at the rear of the home, both complete with built in robes and serviced by the main bathroom and separate toilet
- Sun-drenched open plan kitchen, dining, and living area - the true heart of the home. The well-appointed kitchen showcases a walk-in pantry, gas cooking, breakfast bar, and sleek stone benchtops
- Experience year-round comfort with ducted gas heating and ducted evaporative cooling throughout the entire home
- Remote double lockup garage with internal access as well as side access to the backyard via the double gates
- Located directly across the road from Central Park, perfect for your daily strolls and recreational activities. The RAAF Airforce base and Forest Hill shopping complex are just a short drive away
- Rental potential of $480 - $510 per week, based on the current market conditions
Don't miss your chance to make 53 Melaleuca Drive your new home. Contact Chloe today to arrange an inspection and experience firsthand the allure of this incredible property.
Council Rates: $1,836.05 per annum
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Chloe Chamberlain, Macarthur Real Estate Agency — reproduced as published, not verified by Districts.