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
$555,000
Last sold
14 Oct 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
680 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
$555,000
14 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Melton West (last 5 years) with land size have a median of $929/m² of land (n=151). 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
-9.0%
Median sale
Suburb $610,000
+0.39 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.
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 Reliance Real Estate MeltonReliance Real Estate proudly presents a rare opportunity in one of Melton's most high-profile and tightly held locations.
Beautifully maintained and perfectly positioned on a generous allotment, 560 High Street, Melton West offers an exceptional chance to secure prime real estate with outstanding future potential (STCA).
Positioned on one of Melton's busiest roads, Right opposite Woodgrove shopping centre this 3-bedroom home offers the perfect opportunity for home buyers, investors, or entrepreneurs looking to run a small business from home (STCA).
Previously used as a home-based beauty salon, the layout and location can be ideal for similar setups-whether it's a salon, consultancy, studio, or office. Sitting on a generous 680sqm (approx.) block, this property offers incredible potential in a high-visibility location.
🏡 Property Features:
- 3 generous bedrooms, all with built-in robes.
- Central bathroom with separate toilet
- Spacious lounge and dedicated dining area
- Functional kitchen with bench and storage space
- Large backyard – perfect for relaxing or client waiting area
- Fully fenced and secure
Whether you're looking to invest, redevelop, or run your own business, this high-exposure property offers outstanding versatility and future potential. Situated in a mixed-use zone and surrounded by well-established local businesses-including a successful day spa next door-this property lends itself perfectly to a variety of professional or commercial uses (STCA), such as:
🏥 Medical or Specialist Clinic
💆♀️ Chiropractic or Physiotherapy Practice
🦷 Dental Surgery
💼 Allied Health or Consulting Rooms
📍 Unbeatable Location Features:
- Premium main road frontage – ideal for business signage and visibility
Walk to key amenities including:
• Woodgrove Shopping Centre
• Multiple medical centres
• Melton Secondary College
• Melton Waves Leisure Centre
•Close to childcare centres
•Quick and easy access to major freeways and public transport
Whether you're looking to live, lease, or launch, this property delivers unbeatable potential in a thriving location.
Listing description written by Mohit Rana, Reliance Real Estate Melton — reproduced as published, not verified by Districts.