Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelso › Melrose Cres
$900,000
For sale
Asking
3
Bedrooms
1
Bathrooms
10
Car spaces
10,900 m²
Land
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
Asking
$900,000
Asking · $83/m² of land
No recorded sale for this property.
Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Kelso
+43.1%
Median sale
Suburb $628,750
-1.28 pp
Gross yield
Suburb 4.24%
Suburb median $628,750 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$40,825 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Kelso's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $513/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. This lot’s own applications are a separate question. 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.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Explore Property Munro & CoWelcome to your dream property; a home that perfectly captures the essence of rural freedom without sacrificing modern convenience.
Nestled on a sprawling acreage (approx. 2.69acres), 53 Melrose Crescent is a dream come true for horse lovers and hobbyists alike. The land is thoughtfully designed for equestrian pursuits, boasting a split paddock, room for round yards, and more than enough room for several ponies to roam. Beyond the paddocks, the grounds transform into a private resort, featuring a sparkling swimming pool, a dedicated paved firepit area for starlit gatherings, and a peaceful raised gazebo overlooking the fish pond at the bottom of the garden. If you have little people, big people or just beloved fur babies, this is a home offering the lifestyle that you all deserve!!
The residence itself is a masterclass in functional, tropical living. This solid three-bedroom home is fully tiled and equipped with split-system cooling throughout to ensure year-round comfort. At the heart of the home, a sleek modular kitchen flows seamlessly into the open-plan dining and living areas, complemented by a clever office nook for those working from home. Practicality is a priority here with the neat family bathroom even including a built-in laundry chute, making chores a breeze.
For those desiring more space for the projects or toys, the infrastructure here is unmatched. Your new home features a massive "man cave" off the living areas. With ample room for a pool table, and still plenty of space when all the friends to come and watch the footy, plus a laundry room hidden neatly away; this is the place where entertainment and practicality meet. Transitioning from work to play is easy via the massive screened entertainment area-complete with an extra toilet. Hosting Christmas at home this year has never been easier - seating for 20? No problem at all!!
Just outside the glass sliding doors is a large covered work area leading to a double-bay powered shed with roller door access both ends. There is even a mudroom-style shower located adjacent to shed in the undercover work area, to keep the main house pristine. Offering town water, a septic system, and dual gated access plus loads of open parking and a double carport, full reticulation system and even a bore; this amazing property offers the ultimate acreage lifestyle with all the bells and whistles.
Specifics:
3 bedrooms: all with split system cooling, built in robes and ceiling fans
Modular kitchen with electric wall oven and glass cooktop, rangehood and dishwasher plus pantry
Rumpus aka "Mancave" with tiled flooring entertainment area and ceiling fans plus laundry room and direct garden access
Tiled bathroom with toilet, vanity and shower
Screened entertainment area with toilet - approx 59m2
Attic storage space (accessed via pulldown ladder in the living room)
6kw solar system
2 x 24,000 L rainwater tanks
Septic system
Bore pump
Main Gazebo with lights and fan, plus smaller gazebo in front yard
Paved firepit area
Security screens to main house
Inground pool with shade sails
Double carport
Powered shed with roller doors and storage shelves
Covered carport area attached to house with added covered work areas leading to the powered shed, complete with mudroom style shower
Established planting and fruit trees
Well fenced block
Dual access driveway and ample off-street parking
3 phase power
Caravan power port/generator power port
With great local shops and schools literally minutes away, you can have your "Get away from it all" lifestyle without sacrificing convenience or comfort. Give me a call on 0403 888 506 to book your viewing and get ready to fall in love with your dream home and dream lifestyle today.
Listing description written by Sherrie Tuppurainen, Explore Property Munro & Co — reproduced as published, not verified by Districts.