SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $367,000

1/44A Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 171m2
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Property Details for 1/44a Palmerston St, Melton

1/44a Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 171m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Melton in the last 12 months.

Building Type
Unit
Land Size
171m2
Local Government
Melton
Lot/Plan
1/SP29038

Last Listing description (July 2024)

A prime opportunity for comfortable living or a savvy investment. This charming unit situated in the heart of Melton, features two spacious bedrooms, each with access to a two-way central bathroom, ensuring convenience and privacy for all occupants.

The open plan living and dining area is perfect for entertaining or relaxing at home. The modern kitchen, equipped with sleek white appliances and a dishwasher, simplifies meal preparation and clean-up, making everyday living effortless.

Stay comfortable year-round with split system heating and cooling. The side access to the backyard provides additional convenience, ideal for outdoor activities or simply enjoying your private outdoor space. The single lock-up garage offers secure parking and extra storage.

This property is within walking distance to shops, schools, a medical centre, and other essential amenities, ensuring you have everything you need close by. Currently rented for $330 per week with a lease until mid-November, this unit presents an excellent investment opportunity with immediate returns.

Don't miss out on this exceptional property at Unit 1/44A Palmerston Street. Arrange a viewing today to experience the perfect blend of modern living and convenience in a central Melton location.

Property History for 1/44a Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$367,000
08 Jul 2024
Listed for Rent
$330/w
16 Nov 2023
  • 21 Jun 2024
    Sold for $367,000
  • 27 May 2024
    Listed for Sale $340,000 - $365,000
  • 30 Oct 2023
    Listed for Rent $330 / week
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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 5,161 properties. Over the last 5 years, Houses in Melton have seen a 22.63% increase in median value, while Units have seen a 13.90% increase. As at 31 October 2024:

  • The median value for Houses in Melton is $473,058 while the median value for Units is $373,025.
  • Houses have a median rent of $400 while Units have a median rent of $375.
There are currently 56 properties listed for sale, and 21 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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Contact agent
Max Attalla
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Ned Nikolic
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Barry Plant - Melton
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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.