Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton South › First Ave
$530,000
Last sold
20 Aug 2026
4
Bedrooms
1
Bathrooms
2
Car spaces
365 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
$530,000
20 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Melton South (last 5 years) with land size have a median of $1,014/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Melton South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Melton South
-9.0%
Median sale
Suburb $582,500
+0.40 pp
Gross yield
Suburb 3.97%
Suburb median $582,500 from 165 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 $445/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 South at a glance
14,419
People
$582,500
Median sale
$445/wk
Median rent
3.97%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA MeltonPerfectly positioned in the most diserable location of Melton! Within walking distance the newly constructed Melton Train Station and recently removed level crossing, take this as the opportunity to be close to the pulse of the cbd within a quick travel time. Not only are you very close to the train station but also everything Melton South has to offer including the Station Square Shopping District, Al Iman College, Melton South Primary School, Coburns Primary School, Melton Christian College, Staughton Secondary College & St Anthony Primary School as well as easy freeway access , this is a home that combines comfort, convenience and exceptional value.
Lovingly refreshed by its current owners, the property presents immaculately throughout with thoughtful improvements including the addition of a dishwasher, fresh paint, updated blinds and polished floorboards, creating a modern, clean and inviting home that is ready to move straight into. Offering four generous bedrooms, three complete with built-in robes, the home is serviced by a well-appointed central bathroom.
As you step inside, you're welcomed by a spacious light-filled living area that provides the perfect setting for relaxing with family or entertaining guests with the additional space to be utilized as a study/working from home area. Flowing seamlessly through to the dining area, the functional kitchen overlooks the heart of the home and features ample bench space, gas cooking and the recently installed dishwasher, making everyday living both practical and enjoyable.
Outside, the low-maintenance backyard has been meticulously cared for, offering a neat and tidy space with a garden shed for additional storage and plenty of room to enjoy without the upkeep. Completing the package is a carport offering the space for two cars with a lockable gate providing secure parking and convenience.
Additional features include ducted heating, reverse cycle split system heating/cooling, timber venation blinds, linen storage, separate toilet, secure parking, nbn connection and so much more!
Homes offering this level of presentation, value and location are becoming increasingly difficult to find.
Don't miss your opportunity to secure this move-in ready gem—call Ryan Anders or Ricky Frew today to arrange your inspection.
(Photo ID is Required at all Open For Inspections)
At YPA Melton “Our Service Will Move You”
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
Listing description written by Ryan Anders, YPA Melton — reproduced as published, not verified by Districts.