FOR SALE
$400,000 - 440,000

1 Sturt Road
Melton South VIC 3338

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 907m2
Auction Time
Sat 23 Nov 1:30 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Renovate Or Detonate - MUST BE SOLD!

This classic 4-bedroom, 2-bathroom brick veneer home offers endless potential for the right buyer. Set on a massive 907m² (approx.) block, this property is perfect for renovators with a vision or savvy investors looking to maximize the land's potential. The large home features two spacious living areas and is ready for a fresh update to bring it back to life.
With a large 6x10 meter 4-car garage, there's ample room for storage, hobbies, or workshop space. Given the generous land size, there's also exciting potential for future development, with room to add multiple units (STCA).
Whether you're a renovator ready to create your dream home or an investor seeking a property with fantastic potential, 1 Sturt Road offers a great opportunity. Arrange an inspection today to see the possibilities for yourself!
Auction Terms 10% Deposit; Settlement 30, 45 or 60 days
Onsite & Online Auction on Saturday, 23rd November 2024 at 01:30pm sharp.
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Property Details for 1 Sturt Rd, Melton South

1 Sturt Rd, Melton South is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 907m2. The place is currently for sale with Barry Plant - Melton.

Building Type
House
Land Size
907m2

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About Melton South 3338

The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Melton South is 30-39 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a trades occupation. In 2011, 65.9% of the homes in Melton South were owner-occupied compared with 63.7% in 2016.

Melton South has 7,590 properties. Over the last 5 years, Houses in Melton South have seen a 26.61% increase in median value, while Units have seen a 7.81% increase. As at 31 October 2024:

  • The median value for Houses in Melton South is $496,829 while the median value for Units is $351,985.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 97 properties listed for sale, and 48 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Ned Nikolic
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Barry Plant - 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.