3 Melville Parade, North Lakes QLD 4509
3 Melville Parade, North Lakes QLD 4509
4 bed, 2 bath, 2 car | 350sqm land, 195sqm internal | 60% owner-occupied street | 0.6km to primary school | Just listed, no price guide.
This property presents a strong buying case for a family seeking a modern, efficient floorplan on a well-proportioned block in a stable pocket of North Lakes. The 195sqm internal area is generous for a 350sqm lot, suggesting a design that prioritises living space over land, which suits low-maintenance buyers or investors targeting the rental demographic. The street’s 60% owner-occupier rate indicates a settled neighbourhood, reducing turnover risk, and the proximity to Bounty Boulevard State School (0.6km) is a clear advantage for families with young children. With no price guide yet, the buyer has an early-mover opportunity to negotiate before market feedback solidifies.
The primary risk is the lack of recent sales data for Melville Parade, making precise valuation difficult; the buyer must rely on broader North Lakes comparables, which may over- or understate local desirability. The 40% rental profile on the street introduces some tenant turnover, though the nearby rental at $650/week for a similar configuration provides a floor for investment returns. The conflicting listing status (active on Domain, not on Allhomes) suggests potential seller hesitation or platform lag—this could be exploited for a below-market offer if the property lingers. Hold this property as a long-term family home or a stable rental, prioritising school catchment demand over short-term capital gains.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Melville Parade, North Lakes QLD 4509
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
North Lakes is a high-growth, family-dominated suburb, with 53% of households being couples with children. Demand is driven by this demographic seeking affordable, family-friendly living, evidenced by houses selling in just 14-16 days. The market is exceptionally strong, with house prices up 10.4% and unit prices surging 25.8% over the past year. Future growth is underpinned by sustained rental demand, with unit rents rising 22.6%, though the median house price of $982,500 presents a key affordability constraint relative to local incomes.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 12 Hexham Close, Burdell QLD 4818 — 3 bed · 2 bath · 2 car
- 95/20 Johnston Street, Carina QLD 4152 — 3 bed · 2 bath · 1 car
- 102 Oatlands Court, Wights Mountain QLD 4520 — 5 bed · 2 bath · 6 car
- 2622/9 Ferny Avenue, Surfers Paradise QLD 4217 — 3 bed · 2 bath · 2 car
- 7/323 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 2 car
- 6 Carswell Avenue, Kirwan QLD 4817 — 4 bed · 2 bath · 2 car
- 356-364 Mundoolun Road, Jimboomba QLD 4280 — 6 bed · 3 bath · 4 car
- 11 Varley Street, Lowood QLD 4311 — 4 bed · 2 bath · 4 car
- 13 Seaview Drive, Airlie Beach QLD 4802 — 4 bed · 2 bath · 2 car
- 3 Middle Creek Road, Little Mountain QLD 4551 — 4 bed · 2 bath · 2 car
- 41/17 Great Southern Drive, Robina QLD 4226 — 4 bed · 3 bath · 2 car
- 3/14 Jefferson Lane, Palm Beach QLD 4221 — 2 bed · 2 bath · 1 car
- 1998 Mount Samson Road, Yugar QLD 4520 — 6 bed · 4 bath · 9 car
- 8/40-46 Redlynch Intake Road, Redlynch QLD 4870 — 2 bed · 2 bath · 1 car
- 6 Little Mulgrave Road, Little Mulgrave QLD 4865 — 4 bed · 1 bath · 8 car
- 69863 Bruce Highway, Aloomba QLD 4871 — 4 bed · 3 bath · 4 car
- 17 Murphy Street, Gordonvale QLD 4865 — 4 bed · 2 bath · 2 car
- 17/82-86 Martyn Street, Parramatta Park QLD 4870 — 3 bed · 3 bath · 2 car
- 21 Tait Avenue, Redbank Plains QLD 4301 — 4 bed · 2 bath · 2 car
- 12 Maidstone Cres, Peregian Springs QLD 4573 — 4 bed · 2 bath · 2 car
- 308/8 Skyring Terrace, Teneriffe QLD 4005 — 2 bed · 2 bath · 1 car
- 34/48 Pengam Street, Kuraby QLD 4112 — 3 bed · 2 bath · 2 car
- 77A North Street, Kedron QLD 4031 — 4 bed · 2 bath · - car
- 1 Rokeby Court, Nerang QLD 4211 — 5 bed · 3 bath · 8 car
- 3 Yarama Court, Upper Coomera QLD 4209 — 5 bed · 2 bath · 2 car
- 52 Sky Royal Terrace, Burleigh Heads QLD 4220 — 4 bed · 2 bath · 2 car
- 8 Lauradale Cres, Ormeau QLD 4208 — 4 bed · 2 bath · 2 car
- 2 Manoi Close, Bentley Park QLD 4869 — 4 bed · 2 bath · 2 car
- 1/281 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 1 car
- 53 Nicola Way, Upper Coomera QLD 4209 — 4 bed · 2 bath · 3 car
- 188 Harts Road, Indooroopilly QLD 4068 — 4 bed · 2 bath · 2 car
- 16-18 Umah Street, Cornubia QLD 4130 — 7 bed · 3 bath · 2 car
- 38 Lakeview Drive, Bundaberg North QLD 4670 — 5 bed · 2 bath · 1 car
- 171/26 Goldmine Road, Ormeau QLD 4208 — 2 bed · 1 bath · 1 car
- 1103/300 Marine Parade, Labrador QLD 4215 — 2 bed · 2 bath · - car
- 1/57 Latham Street, Chermside QLD 4032 — 3 bed · 2 bath · 1 car
- 31 Frangipanni Avenue, Kawungan QLD 4655 — 5 bed · 2 bath · 6 car
- 86 Amalfi Drive, Zilzie QLD 4710 — 4 bed · 3 bath · - car
- 6 Kingfisher Drive, Yeppoon QLD 4703 — 4 bed · 2 bath · 2 car
- 3/53 Ruddell Street, Bundaberg South QLD 4670 — 3 bed · 2 bath · 3 car
- 103 Lakeside Avenue, Springfield Lakes QLD 4300 — 3 bed · 2 bath · 2 car
- 51/20 Baywater Drive, Twin Waters QLD 4564 — 2 bed · 2 bath · 2 car
- 322 Meldale Road, Meldale QLD 4510 — 3 bed · 2 bath · 5 car
- 1/140 Bellmere Road, Bellmere QLD 4510 — 3 bed · 1 bath · 1 car
- 56-58 Wagtail Drive, Deception Bay QLD 4508 — 3 bed · 1 bath · 2 car
- 1/3 Mccallum Street, Caboolture QLD 4510 — 3 bed · 2 bath · 1 car
- 184/1 Linear Drive, Mango Hill QLD 4509 — 3 bed · 2 bath · 2 car
- 71 Torrens Road, Caboolture South QLD 4510 — 3 bed · 1 bath · 1 car
- 20 Pamphlett Place, Deception Bay QLD 4508 — 3 bed · 1 bath · 2 car
- 20 Kevin Street, Deception Bay QLD 4508 — 3 bed · 1 bath · - car
- 21 Faye Road, Bellmere QLD 4510 — 4 bed · 2 bath · 4 car
- 23 Seagrass Street, Deception Bay QLD 4508 — 4 bed · 2 bath · 4 car
- 92/24 The Corso, North Lakes QLD 4509 — 3 bed · 2 bath · 2 car
- 9/15 Abercrombie Street, Mango Hill QLD 4509 — 3 bed · 2 bath · 1 car
- 38 Jepson Street, Mango Hill QLD 4509 — 4 bed · 2 bath · 2 car
- 35 Osborne Terrace, Deception Bay QLD 4508 — 3 bed · 2 bath · 1 car
- 16 Racemosa Street, Caboolture QLD 4510 — 4 bed · 2 bath · 2 car
- 7/122 King Street, Caboolture QLD 4510 — 3 bed · 1 bath · 1 car
- 34 Thompson Street, Deception Bay QLD 4508 — 2 bed · 1 bath · 3 car
- 55 Torrens Road, Caboolture South QLD 4510 — 3 bed · 1 bath · 1 car
- 90 Phillip Parade, Deception Bay QLD 4508 — 3 bed · 2 bath · 2 car
- 4 Pidgeon Drive, Deception Bay QLD 4508 — 3 bed · 2 bath · 2 car
- 15 Amies Street, Beachmere QLD 4510 — 3 bed · 1 bath · 4 car
- 10 Perignon Circuit, Beachmere QLD 4510 — 4 bed · 2 bath · 2 car
- 223/194 Bishop Road, Beachmere QLD 4510 — 3 bed · 2 bath · 2 car
- 55 Expedition Drive, North Lakes QLD 4509 — 4 bed · 2 bath · 2 car
- 8 Tamar Circuit, North Lakes QLD 4509 — 4 bed · 2 bath · 2 car
- 31 Tucker Street, Caboolture QLD 4510 — 4 bed · 2 bath · 2 car
- 11 Jan Court, Caboolture QLD 4510 — 4 bed · 2 bath · 2 car
- 8 Dunnart Street, North Lakes QLD 4509 — 5 bed · 2 bath · 2 car
- 1 Renmark Cres, Caboolture South QLD 4510 — 4 bed · 2 bath · 2 car
- 45 Kalunda Drive, Caboolture QLD 4510 — 4 bed · 2 bath · - car
- 11 Ringtail Street, North Lakes QLD 4509 — 4 bed · 2 bath · 2 car
- 33 Spire Street, Caboolture QLD 4510 — 3 bed · 1 bath · 2 car
- 7 Ron Grant Lane, Caboolture South QLD 4510 — 4 bed · 2 bath · 2 car
- 20 Jeita Circuit, Caboolture QLD 4510 — 4 bed · 2 bath · 2 car
- 21 Kevin Grove, Caboolture South QLD 4510 — 3 bed · 1 bath · 2 car
- 63 Rogers Street, Beachmere QLD 4510 — 3 bed · 2 bath · 3 car
- 70 John Street, Caboolture South QLD 4510 — 3 bed · 1 bath · 1 car
- 19 Lesley Avenue, Caboolture QLD 4510 — 5 bed · 3 bath · 2 car
- 3 Medinah Circuit, North Lakes QLD 4509 — 4 bed · 2 bath · 2 car
- 2/5 Wyatt Cres, Mango Hill QLD 4509 — 3 bed · 2 bath · 1 car
- 87 Osborne Terrace, Deception Bay QLD 4508 — 3 bed · 1 bath · 2 car
- 8 Welford Court, Mango Hill QLD 4509 — 4 bed · 2 bath · 2 car
- 4 Seaspray Court, Deception Bay QLD 4508 — 4 bed · 2 bath · 2 car
- 35 Thornbill Drive, Upper Caboolture QLD 4510 — 4 bed · 2 bath · 5 car
- 183/1 Bass Court, North Lakes QLD 4509 — 4 bed · 3 bath · 2 car
- 35/15-27 Bailey Road, Deception Bay QLD 4508 — 3 bed · 2 bath · 2 car
- 18 Charles Street, Caboolture QLD 4510 — 4 bed · 1 bath · - car
- 14 Simon Street, Deception Bay QLD 4508 — 3 bed · 1 bath · - car
- 56 Glengrove Circuit, Mango Hill QLD 4509 — 4 bed · 2 bath · 2 car
- 12 Tallowwood Street, Caboolture South QLD 4510 — 4 bed · 2 bath · 2 car
- 12 Musgrave Street, North Lakes QLD 4509 — 3 bed · 2 bath · 1 car
- 1053 Pumicestone Road, Toorbul QLD 4510 — 4 bed · 1 bath · 3 car
- 3 Pauline Court, Deception Bay QLD 4508 — 5 bed · 3 bath · 4 car
- 13 Manhattan Cres, North Lakes QLD 4509 — 3 bed · 2 bath · 1 car
- 76/1 Bass Court, North Lakes QLD 4509 — 3 bed · 2 bath · 1 car
- 40/24-26 Lipscombe Road, Deception Bay QLD 4508 — 2 bed · 1 bath · 1 car
- 34 Bishop Lane, Bellmere QLD 4510 — 4 bed · 2 bath · 2 car
- 2 Willandra Parade, North Lakes QLD 4509 — 5 bed · 2 bath · 2 car