Taylors Lakes at a glance
15,232
People
$1,000,000
Median sale
$558/wk
Median rent
2.90%
Suburb gross yield
Median sale from 127 recorded sales (last 12 months) — a Districts calculation.
VIC › Taylors Lakes › Meldrum Cl
$1,450,000–$1,550,000
For sale
Asking range
5
Bedrooms
3
Bathrooms
2
Car spaces
1,132 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
Asking
$1,450,000–$1,550,000
Asking range · $1,281/m² of land
No recorded sale for this property.
Taylors Lakes at a glance
15,232
People
$1,000,000
Median sale
$558/wk
Median rent
2.90%
Suburb gross yield
Median sale from 127 recorded sales (last 12 months) — a Districts calculation.
Vs Taylors Lakes
+45.0%
Median sale
Suburb $1,000,000
-0.90 pp
Gross yield
Suburb 2.90%
Suburb median $1,000,000 from 127 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$86,947 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Taylors Lakes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $558/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.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Taylors Lakes at a glance
15,232
People
$1,000,000
Median sale
$558/wk
Median rent
2.90%
Suburb gross yield
Median sale from 127 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White SunburyPositioned within one of Taylors Lakes' most tightly held and prestigious court locations, 7 Meldrum Close presents an extraordinary opportunity to secure a home that has been lovingly maintained by its original owners and is offered to the market for the very first time. Set on an impressive 1,132m² (approx.) allotment, this unique, quality-built residence showcases timeless craftsmanship, generous proportions and exceptional versatility, making it the perfect forever home for growing families.
From the moment you arrive, the home's commanding street presence and meticulous attention to detail are immediately apparent.
Step inside and be immediately captivated by the home's breathtaking grand entrance, where a magnificent solid timber staircase creates a stunning focal point and sets the tone for the exceptional quality found throughout creating a sense of warmth and elegance that is rarely found in modern homes.
Designed with family living in mind, the expansive floorplan offers multiple living and entertaining zones, including formal lounge and dining rooms, a spacious family area, meals area, large rumpus room and a versatile fifth bedroom or theatre room. Upstairs, enjoy the spacious rumpus, the luxurious master suite is complete with a walk-in robe, ensuite and private balcony, while the remaining bedrooms are generously proportioned and serviced by a central bathroom and study nook.
The well-appointed kitchen overlooks the family and meals area, allowing seamless interaction while entertaining or enjoying everyday family life. Every space has been thoughtfully designed to provide comfort, functionality and flexibility for families of all sizes.
Year-round comfort is assured with refrigerated heating and cooling, while the convenience of a Vacuum Maid system further enhances everyday living. Built to an exceptional standard, this residence reflects the quality construction and craftsmanship synonymous with homes of this calibre.
Stepping outside, you'll discover an incredibly versatile property with endless possibilities. A fully self-contained separate studio is equipped with power, split system heating and cooling, water and an electric stove, making it ideal as a home office, guest accommodation, teenagers' retreat, creative workspace or home business. The substantial rear shed, complete with 3-phase power, is perfect for tradespeople, car enthusiasts or those requiring additional workshop and storage space. The home itself also benefits from 3-phase power, adding further practicality and value.
Perfectly positioned for families, the home enjoys close proximity to Watergardens Shopping Centre, Watergardens Train Station, Taylors Lakes Primary School, Overnewton Anglican Community College, Catholic Regional College Sydenham, local parks, sporting reserves, walking trails, childcare centres, cafés and restaurants. Easy access to the Calder Freeway and major arterial roads ensures a convenient commute to Melbourne CBD and Melbourne Airport.
Homes of this quality, on land of this size and in such an exclusive court location are an exceptionally rare offering. Combining timeless elegance, outstanding craftsmanship and incredible versatility, this is a once-in-a-generation opportunity that is not to be missed.
Please note we require photo ID when attending opens
In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.
We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Peter Colella, Ray White Sunbury — reproduced as published, not verified by Districts.