1/46 Church StreetMelton VIC 3337
Property Details for 1/46 Church St, Melton
1/46 Church St, Melton is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 590m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (March 2024)
Looking for an investment property?
This home is conveniently accessible to the bustling High Street business district, as well as transport, pubs, hotels, public and private schools, shops, the Australian Post Office, various clinics, supermarkets, and more. Envision the future potential of this prime location. With some modifications, you could transform rental revenues into a spectacular income-generating property.
Property Feature:
Separate toilet and bath
Renovated Kitchen
Fully fenced up property
Floor mounted heating
Window-type cooling system
Strategically located 3 bedroom house with one bathroom, featuring a high carport ideal for truck drivers and similar professions. Positioned on a corner block on Church Street, offering potential for increased equity and future development opportunities such as building two additional units on the same block subject to approved plans and permits.
"Consider this: you're investing in both the land and the house, with rental income serving as a bonus while you engage in land banking. This presents a fantastic business opportunity. Contact us to learn more about this golden nugget of an opportunity tailored to your needs." For further information or to schedule an inspection, contact Rosemarie at M: 0439 408 013 or 0416 180 834. Don't miss out on this excellent investment opportunity!
Property History for 1/46 Church St, Melton, VIC 3337
- 10 Oct 2023Listed for Sale 460,000-490,000
- 25 Jul 2023Listed for Sale 450,000-490,000
- 03 Jun 2023Listed for Rent - Price not available
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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 5,162 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.
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