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Sold on 03 Oct 2024 for $450,000

42 Barries Road
Melton VIC 3337

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 587m2
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Property Details for 42 Barries Rd, Melton

42 Barries Rd, Melton is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 587m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Melton in the last 12 months.

Building Type
House
Land Size
587m2
Local Government
Melton
Lot/Plan
9/LP53038

Last Listing description (October 2024)

Reliance Real Estate and Sunil Gera proudly present 42 Barries Road, Melton – a prime property located in the highly sought-after Residential Growth Zone Schedule 1. This exceptional property offers an outstanding opportunity for subdivision, development, or a small business venture, ensuring future growth and investment potential.

Key Features:
· Land Size: An expansive 587 sqm (approx.), perfect for various development opportunities.

· Bedrooms: 2 well-appointed bedrooms, including a master suite with an ensuite and walk-in robe for ultimate comfort and convenience.
· Bathrooms: 2 modern bathrooms plus a separate toilet, designed for functionality and convenience.
· Living Area: A spacious living area that provides a comfortable and inviting space for relaxation and entertainment.
· Kitchen and Dining: The open-plan kitchen boasts stainless steel appliances, a walk-in pantry, and an adjoining meals area, ideal for family dining and gatherings.
· Climate Control: Ceiling fans and split system air conditioners ensure a comfortable living environment throughout the year.
· Energy Efficiency: Solar panels contribute to energy savings and environmental sustainability.

Development Potential:
This property is situated in the Residential Growth Zone Schedule 1, making it an ideal candidate for subdivision or development. Whether you envision a multi-unit development, townhouses, or a small business, this location offers unparalleled potential.

Prime Location:
42 Barries Road is strategically located in Melton, providing easy access to a wide range of amenities:
· Woodgrove Shopping Centre: A short distance away, offering a variety of retail, dining, and entertainment options.
· High Street Shops: Convenient access to local shops and services.
· Schools: Proximity to reputable schools, making it an ideal location for families.
· Public Transport: Excellent access to public transport options, ensuring convenient commuting.
· Cafes and Childcare: Nearby cafes for leisure and various childcare facilities for young families.
· Public Library and Clinics: Close to the public library and medical clinics, ensuring all essential services are within reach.

This property is not just a home; it's an investment in your future. With its prime location, exceptional potential for growth, and proximity to key amenities, 42 Barries Road, Melton, offers an unrivalled opportunity for savvy investors and developers.

Don't miss this exceptional opportunity to secure a property with immense potential in an unbeatable location. Sunil Gera on 0430 200 150 or Sunny Chopra on 0420 344 444 today to explore the possibilities at 42 Barries road, Melton.

Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist DISCLAIMER: All stated dimensions are approximate only. Given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property History for 42 Barries Rd, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$450,000
03 Oct 2024
Listed for Rent
$310/w
23 Jun 2022
  • 03 Oct 2024
    Sold for $450,000
  • 17 Jun 2024
    Listed for Sale Under contract by team Sunil
  • 31 May 2022
    Listed for Rent $310 / week
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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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Sunil Gera
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Sunny Chopra
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RELIANCE REAL ESTATE 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.