Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Melingie Ct
$1,061,000
Last sold
14 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
2,450 m²
Land
207 m²
Building
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
Last sold
$1,061,000
14 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
+22.6%
Median sale
Suburb $865,250
-0.71 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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
SAPlanning 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 $637/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.
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
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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Jemma Turner from Magain Real Estate for all your property advice.
Nestled in the scenic hills of Happy Valley, this stunning 1971-built home boasts breathtaking panoramic views and is set on a sprawling 2450sqm allotment. With only one previous owner, the property is situated in a peaceful cul-de-sac, offering a tranquil haven that seamlessly blends modern comforts with the beauty of nature.
As you arrive, the extended driveway provides ample space for multiple vehicles, caravans, or boats. In addition it has a 2 car lock up garage under the main roof.
The expansive front yard enhances the home's grandeur and offers ample room for outdoor activities or landscaping potential. It's the perfect spot to unwind and appreciate the serene surroundings and phenomenal views.
Step inside to discover a thoughtfully designed floorplan, recently refreshed with neutral tones and new carpets throughout. The home features four spacious bedrooms, each exuding its own charm. The main bedroom, located at the front, showcases large picture windows that frame stunning views, along with a walk-in robe and a private ensuite for added convenience. Bedroom 3 includes built-in storage, while the remaining bedrooms are versatile, ideal for growing families or as home offices, and are serviced by a well-appointed main bathroom with a separate toilet.
The bright and inviting living and dining area is bathed in natural light, offering oceans glimpses and designed for effortless flow, perfect for both family gatherings and entertaining. This space seamlessly connects to the newly renovated kitchen, which boasts generous bench space, overhead cabinetry, and a spacious walk-in pantry, ensuring ample storage for all your culinary needs. Outfitted with modern appliances, including a double-drawer dishwasher, oven, and cooktop, meal preparation is a joy.
For bigger families or those seeking extra living space, the second lounge situated off the dining area provides flexible options. Whether you envision it as a cozy family room, a children's play area, or a quiet spot to unwind, this space adapts to your needs. The home also includes zoned ducted reverse cycle air conditioning, ensuring optimal comfort with tailored heating and cooling throughout. NBN internet connection will also allow ease to work from home, homework and day to day internet essentials.
Step outside, and the charm of this home continues with its expansive backyard, ideal for outdoor activities and entertaining. At the rear, you'll find beautifully maintained raised garden beds filled with a variety of fruit trees, allowing you to enjoy homegrown produce right at your doorstep. A picturesque gazebo adds to the allure, providing a perfect spot to relax and take in the stunning hillside and sea views, whether for morning coffee or evening drinks.
Additionally, a convenient large garden shed offers practical storage for tools and outdoor equipment, enhancing the functionality of the outdoor space.
Surrounded by highly regarded local schools, including Happy Valley Primary, Aberfoyle Hub Primary, and Aberfoyle Park High School, and just minutes from the scenic walking and bike trails of Happy Valley Reservoir, this property is perfect for families and savvy investors alike, presenting a fantastic opportunity for rental returns.
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
RLA 222182
Magain Real Estate: Seaford
Listing description written by Jemma Turner, Magain Real Estate — reproduced as published, not verified by Districts.