SOLD
RECENT ADVICE
Sold on 14 Oct 2024 for $280,000

16 Michelson Drive
Maddingley VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 448m2
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Property Details for 16 Michelson Dr, Maddingley

Building Type
Land
Land Size
448m2

Last Listing description (October 2024)

Reliance Real Estate Bacchus Marsh is pleased to present this block of land, situated in a beautiful location of Maddingley accompanied by stunning views .
A spacious flat block of 448m2 will give you plenty of space to build your next home and even have room for your entertaining space for the entire family to enjoy.

Never stress about travel as the location at this land is impressive! With new local shops, schools and parks, walking tracks, public transport and train station and the highly sought after Bacchus Marsh Grammar, is only minutes away.

Get in contact now as we assure you this land wont last long!

For any more information on this property please call RAJ PRATAP on 0404 941 291.

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Property History for 16 Michelson Dr, Maddingley, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$280,000
14 Oct 2024
  • 19 Sep 2024
    Sold for $280,000
  • 21 Jun 2024
    Listed for Sale Private Sale- Call RAJ
  • 17 Dec 2020
    Sold for $240,000

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About Maddingley 3340

The size of Maddingley is approximately 25.4 square kilometres. It has 18 parks covering nearly 3.8% of total area. The population of Maddingley in 2011 was 2,393 people. By 2016 the population was 3,461 showing a population growth of 44.6% in the area during that time. The predominant age group in Maddingley is 0-9 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation. In 2011, 70.5% of the homes in Maddingley were owner-occupied compared with 68.5% in 2016.

Maddingley has 3,309 properties. Over the last 5 years, Houses in Maddingley have seen a 23.01% increase in median value, while Units have seen a 29.44% increase. As at 30 November 2024:

  • The median value for Houses in Maddingley is $639,353 while the median value for Units is $449,649.
  • Houses have a median rent of $485 while Units have a median rent of $448.
There are currently 54 properties listed for sale, and 6 properties listed for rent in Maddingley on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Maddingley.

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Raj Pratap
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Vikas Rana
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RELIANCE REAL ESTATE MELTON
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