Melton at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
VIC › Melton › Corr Grove
$615,000
Last sold
11 Aug 2026
4
Bedrooms
2
Bathrooms
3
Car spaces
690 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
$615,000
11 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Melton (last 5 years) with land size have a median of $911/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Melton at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Vs Melton
+7.1%
Median sale
Suburb $574,000
-0.25 pp
Gross yield
Suburb 3.74%
Suburb median $574,000 from 109 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 $413/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 at a glance
8,122
People
$574,000
Median sale
$413/wk
Median rent
3.74%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Reliance Real Estate MeltonReliance Real Estate Melton & Sunil Gera proudly present this beautifully renovated family home, perfectly positioned in a peaceful court location in one of Melton's most sought-after pockets. Set on a generous 690sqm (approx.) allotment, this immaculately maintained residence offers the perfect combination of space, style, and modern comfort for families, first-home buyers, and investors alike.
Boasting four generous bedrooms, including a master with private ensuite, this inviting home is designed for easy family living. The remaining bedrooms are serviced by stylishly renovated bathrooms, while the spacious living area provides the perfect place to relax and entertain.
At the heart of the home is a beautifully renovated kitchen featuring quality appliances, ample storage, and practical bench space, seamlessly connecting to the dining and living zones.
The home has been extensively updated with fresh flooring, renovated bathrooms, complete electrical rewiring, heating, and cooling, offering peace of mind and year-round comfort.
Step outside to a fantastic pergola entertaining area overlooking the beautifully maintained backyard, with plenty of space for children, pets, and family gatherings. A standout feature is the huge shed with a roller shutter, providing the perfect space for tradies, car enthusiasts, additional storage, or a workshop. Multiple car accommodation and ample backyard space add further practicality and convenience.
✨ Key Features:
- Quiet court location
- Approx. 690sqm allotment
- 4 spacious bedrooms
- Master with ensuite
- Renovated kitchen with quality appliances
- Stylishly updated bathrooms
- Spacious living area
- Fresh flooring throughout
- Heating and cooling
- Complete electrical rewiring
- Pergola for outdoor entertaining
- Huge shed with roller shutter
- Beautifully maintained backyard
- Multiple car accommodation
📍 Prime Location:
Ideally located close to Woodgrove Shopping Centre, Aldi, local schools, childcare centres, medical facilities, parks, public transport, and with easy access to major roads and freeway connections.
Offering quality renovations, a large allotment, and a family-friendly court location, this move-in-ready home is a rare opportunity in today's market. Homes with a large shed, extensive upgrades, and generous land size are highly sought after and rarely available.
Secure this outstanding family home before it's gone!
📞 Sunil Gera – 0430 200 150
📞 Depinder Singh – 0420 344 444
Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Sunil Gera, Reliance Real Estate Melton — reproduced as published, not verified by Districts.