Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton West › High St
$575,000
Last sold
15 July 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
681 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
$575,000
15 July 2026 · derived via latest_sale
Local land rate: recorded Land sales in Melton West (last 5 years) with land size have a median of $620/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Melton West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Melton West
-5.7%
Median sale
Suburb $610,000
+0.24 pp
Gross yield
Suburb 3.84%
Suburb median $610,000 from 111 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 $451/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 West at a glance
10,038
People
$610,000
Median sale
$451/wk
Median rent
3.84%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo Laverton/Altona/Point CookStockdale and Leggo Real Estate are proud to present 558 High Street, Meltown West.
This rare and generous 681m² vacant allotment presents an outstanding opportunity for investors, builders and developers, boasting fully approved planning permits and plans for two side-by-side, High Physical Support Specialist Disability Accommodation dwellings, each suitable for two participants. With approvals already in place, buyers are afforded a valuable head start to appoint a builder and commence construction within weeks, fast-tracking their entry into the high-yield SDA market.
Perfectly positioned along High Street in the heart of Melton West, the property enjoys superb convenience, just 38km from Melbourne's CBD and within close proximity to Woodgrove Shopping Centre with its major retailers, dining options and cinema. Families and future residents alike will appreciate the choice of nearby schools, including Melton West Primary, Melton Secondary College, St Francis Catholic College and Melton Specialist School, while excellent public transport links are provided by Melton Railway Station.
Surrounded by established community facilities, parks and growing suburban amenities, this address blends everyday liveability with exceptional investment potential. Beyond its approved SDA plans, the block also offers flexibility for alternate development opportunities, with its wide frontage and high-exposure setting opening the door to future commercial or residential projects (STCA).
Plans are available on request, allowing buyers to secure this versatile and well-connected site and move quickly to capitalise on one of Melton West's most compelling opportunities.
For more information contact Rahul on 0481 364 666.
Note: While every precaution has been taken to ensure the accuracy of the above information, it does not constitute any representation by the vendor or the agent. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Rahul Assudani, Stockdale & Leggo Laverton/Altona/Point Cook — reproduced as published, not verified by Districts.