FOR SALE
UNDER CONTRACT TEAM YPA

254 Bulmans Road
Melton West VIC 3337

Bedrooms: -
Bathrooms: -
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Land area: 368m2
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EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN PRIME MELTON WEST

Discover the potential of this approximately 368m2 block, perfectly situated in the heart of Melton West. This prime parcel of land presents a rare opportunity for investors or developers eager to capitalize on a wealth of amenities.
Enjoy unparalleled convenience with nearby to Melton West Drive Reserve, Wedge Park Primary School, St Francis Catholic Collage and Arnold Creek Kindergarten, all contributing to a well-connected and desirable lifestyle. Positioned in a sought-after area, this land parcel offers ample space for a variety of development options, making it an ideal investment for future growth. Families will particularly value the proximity to both primary and secondary schools, ensuring access to quality education.
Don't miss out on securing this valuable piece of land in a rapidly growing community. Act now to make the most of this exceptional opportunity!
At YPA Ballarat "Our Service Will Move You"
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
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Property Details for 254 Bulmans Rd, Melton West

Building Type
Land
Land Size
368m2

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About Melton West 3337

The size of Melton West is approximately 9.3 square kilometres. It has 22 parks covering nearly 14.7% of total area. The population of Melton West in 2011 was 14,171 people. By 2016 the population was 17,621 showing a population growth of 24.3% in the area during that time. The predominant age group in Melton West is 0-9 years. Households in Melton West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Melton West work in a trades occupation. In 2011, 75% of the homes in Melton West were owner-occupied compared with 71.6% in 2016.

Melton West has 3,703 properties. Over the last 5 years, Houses in Melton West have seen a 22.41% increase in median value, while Units have seen a 15.89% increase. As at 31 October 2024:

  • The median value for Houses in Melton West is $550,443 while the median value for Units is $417,001.
  • Houses have a median rent of $420 while Units have a median rent of $380.
There are currently 31 properties listed for sale, and 9 properties listed for rent in Melton west on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Melton west.

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Zac Boland
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YPA Estate Agents -Ballarat
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