FOR SALE
$410,000-$450,000

4 Norma Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 593m2
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Prime position!

A fantastic opportunity to add to your investment portfolio or make this your new family home, located in the heart of Melton. A huge potential in RGZ1, with a flowing floor plan on a generous 593sqm approximate land size.
Upon entering, you are greeted with a cosy family room that flows into a well-equipped kitchen and dining space. Comprising of 3 great sized bedrooms, and a light filled central bathroom. Huge back yard with side access.
Location Advantage:
Nestled perfectly within Melton Central, this property enjoys proximity to high schools and primary schools, making it an excellent catchment area for families. Additionally, its prime location within a short walk to Melton Town Centre, Bus Stops, Parks and more!
Investment Potential:
This property is a gem for savvy investors. Its prime location and appeal to potential tenants due to nearby schools and amenities ensure high rental demand and promising returns on investment.
Contact Zoe Crooks on 0426 796 001 to inspect this property today!
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 4 Norma St, Melton

4 Norma St, Melton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 593m2. The place is currently for sale with LJ Hooker Melton.

Building Type
House
Land Size
593m2

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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,138 properties. Over the last 5 years, Houses in Melton have seen a 23.66% increase in median value, while Units have seen a 18.10% increase. As at 31 August 2024:

  • The median value for Houses in Melton is $471,217 while the median value for Units is $381,845.
  • Houses have a median rent of $390 while Units have a median rent of $370.
There are currently 46 properties listed for sale, and 21 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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Zoe Crooks
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Anuj Narwal
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LJ Hooker Melton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.