FOR SALE
$410,000 to $450,000

3 Morshead Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 596m2
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Auction Time
Wed 30 Oct 6:00 pm
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No upcoming inspections scheduled.
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PERFECT HOME, INVESTMENT OR POTENTIAL DEVELOPMENT (SUBJECT TO COUNCIL APPROVAL) ON A 595m2 ALLOTMENT

In-Room Auction
Wednesday 30th of October @6pm
Melton Entertainment Park
(2 Ferris Rd Melton 3337)
Nestled in a quiet street, 3 Morshead Street, Melton South, is a delightful 3-bedroom home offering comfort, space, and opportunity. With its welcoming façade, you are greeted by expansive windows that fill the home with natural light. The generous lounge flows effortlessly into the dining and kitchen area, creating a warm and inviting space perfect for family gatherings. The well-sized kitchen boasts ample bench space, ideal for the home cook, and offers plenty of room for future upgrades or modern touches.
The three spacious bedrooms are filled with light, providing a cozy retreat for all family members. The home's central bathroom is well-positioned and conveniently accessible from all areas. The backyard is a standout feature, offering abundant space for kids to play or the potential for a garden oasis. The covered patio area extends the living space outdoors, making it perfect for summer barbecues or a quiet morning coffee. It's an entertainer's delight that seamlessly combines indoor and outdoor living.
For investors or first-time buyers, this home presents an exceptional opportunity. With its practical layout and ample space, it's ready to move into while offering endless potential for future renovations. The large backyard could easily accommodate further extensions or landscaping, while the generous decking area is perfect for outdoor enjoyment in any season. The side access makes the property a prime candidate for subdivision, subject to council approval, providing excellent potential for development. Whether you're looking to live, invest, or develop, this home has a lot to offer.
Beyond the home's walls, you'll find a single carport providing off-street parking, with a secure gate ensuring privacy. The large shed at the rear is ideal for storage, a workshop, or additional parking. Located close to schools, public transport, and shopping centres, this property combines the best of suburban living with convenience. Whether you're a renovator looking to add your touch or an investor seeking a solid asset, 3 Morshead Street offers a world of possibilities.Photo ID Required for All Property Inspections
Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
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Property Details for 3 Morshead St, Melton South

3 Morshead St, Melton South is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 596m2. The place is currently for sale with Ray White - Melton.

Building Type
House
Land Size
596m2

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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 7,612 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 107 properties listed for sale, and 38 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Melton south.

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Joe Mavrikos
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Robert Gennari
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Ray White - Melton
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