OFF MARKET

1/28 Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 176m2
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Property Details for 1/28 Palmerston St, Melton

1/28 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 176m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
Unit
Year Built
1977
Floor Size
82m2
Land Size
176m2
Local Government
Melton
Lot/Plan
1/SP28261

Last Listing description (February 2012)

SITUATED IN THE HEART OF MELTON
FANTASTIC TWO BEDROOM UNIT, MAIN WITH BIR'S KITCHEN WITH GAS APPLIANCES & AMPLE CUPBOARD SPACE OPEN LIVING AND DINING AREA, WITH WALL FURNACE LOW MAINTENANCE COURT YARD WITH CLOTHES LINE SINGLE CARPORT, WALKING DISTANCE TO THE TOWN CENTRE TENANT IS ON A MONTH TO MONTH LEASE

Property History for 1/28 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$182,000
17 Nov 2011
  • 17 Nov 2011
    Sold for $182,000
  • 28 May 2011
    Listed for Sale $189,500
  • 12 May 2005
    Sold for $139,500
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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,170 properties. Over the last 5 years, Houses in Melton have seen a 19.17% increase in median value, while Units have seen a 20.75% increase. As at 31 January 2025:

  • The median value for Houses in Melton is $468,413 while the median value for Units is $372,519.
  • Houses have a median rent of $400 while Units have a median rent of $395.
There are currently 50 properties listed for sale, and 22 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Melton.

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