FOR SALE
$590,000 - $620,0000

16 Equine Circuit
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 620m2
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First Home or Smart Investment: 620m² Land (Approx.)

Ideal for first-home buyers and savvy investors alike, this property offers exceptional value on a spacious 620m² block (Approx.). The generous land size, complete with valuable side access, sets this home apart in a competitive market.
Currently on the month-to-month lease with rent of $1,793.05 per calendar month
Inside, you'll find three comfortable bedrooms and two living areas, providing ample space for a growing family or potential rental income. The functional kitchen, equipped with stainless steel appliances, overlooks an open plan living and dining area, perfect for modern lifestyles.
Located in a family-friendly neighbourhood with easy access to schools, shopping centers, and transport links, this property ticks all the boxes for convenient living. The low-maintenance backyard and double garage add to its appeal for both owner-occupiers and investors looking for a hassle-free property.
With its combination of a substantial land size, practical layout, and prime location, this home represents an excellent opportunity to enter the property market or expand your investment portfolio. Don't miss your chance to secure this gem with fantastic potential for future growth.
DISCLAIMER: All stated dimensions are approximates 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 16 Equine Cct, Melton South

16 Equine Cct, Melton South is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 620m2. The place is currently for sale with Aussie Dream Real Estate.

Building Type
House
Land Size
620m2

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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 7,607 properties. Over the last 5 years, Houses in Melton South have seen a 30.07% increase in median value, while Units have seen a 12.59% increase. As at 31 August 2024:

  • The median value for Houses in Melton South is $497,752 while the median value for Units is $364,457.
  • Houses have a median rent of $420 while Units have a median rent of $360.
There are currently 110 properties listed for sale, and 38 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Melton south.

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Quader Syed
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