FOR SALE
$495,000-$535,000

17 Canterbury Circuit
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 833m2
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Large Block of Land for Sale - Walking Distance to Al Iman College

Attention First-Home Buyers, Investors, and Developers:
We present an exceptional opportunity to acquire a generously sized block of land, measuring 833sqm, in the highly sought-after Melton South area. This prime parcel offers the flexibility to subdivide into three properties (STCA) or to construct your dream luxury home tailored to your family's needs.
Key Features:
Proximity to Al Iman College: Just a short walk away.
Convenient Shopping: A 3 km drive to Woodgrove Shopping Centre and minutes' drive to Opalia Plaza.
Transport Links: A 4-minute drive to Melton Station.
Educational Institutions: A 2-minute drive to Staughton College and easy access to Victoria University.
Connectivity: Effortless access to main roads and the Western Freeway, situated just 45 km west of Melbourne's CBD.
Investing in this location promises significant future value. Secure your place in one of Melton South's most promising areas, poised for substantial growth. This is a rare opportunity not to be missed!
For further information, please contact:
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Property Details for 17 Canterbury Cct, Melton South

Building Type
Land
Land Size
833m2

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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 7,622 properties. Over the last 5 years, Houses in Melton South have seen a 26.65% increase in median value, while Units have seen a 18.09% increase. As at 30 November 2024:

  • The median value for Houses in Melton South is $501,343 while the median value for Units is $358,419.
  • Houses have a median rent of $425 while Units have a median rent of $375.
There are currently 77 properties listed for sale, and 54 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Lateef Mohammed
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Safwat Ali
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QUBA Real Estate & Business Agency (VIC)
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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.