10-12 Fay StreetMelton VIC 3337
Property Details for 10-12 Fay St, Melton
Last Listing description (October 2023)
Are you ready to embrace the epitome of spacious living and endless potential? Look no further. Situated on an enormous allotment spanning 1956m² (approx) and boasting a generous 30.48m x 64.19m dimensions approximately, this property is a rare gem in the bustling heart of Melton in The Residential Growth Zone.
One of the standout features of this property is its picturesque park view, providing you with the perfect backdrop for tranquil mornings and serene evenings. Located just a stone's throw away from essential amenities such as the police station, High Street shops, and a Medical Centre, convenience has never been closer to home.
The possibilities for this property are truly limitless. Whether you're envisioning a beautifully renovated dream home, a spacious family haven, or a potential subdivision project (subject to council approval), this expansive allotment offers you the canvas to turn your dreams into reality.
With Melton's property market on the rise, the time to act is now. This rare opportunity won't wait for anyone, so seize it before it's gone. Don't miss your chance to secure this prime piece of Melton real estate and embark on your journey to a lifestyle of comfort, convenience, and potential.
Property History for 10-12 Fay St, Melton, VIC 3337
- 09 Oct 2023Sold for $1,175,000
- 11 Sep 2023Listed for Sale $1,300,000
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0About 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 5,138 properties. Over the last 5 years, Houses in Melton have seen a 23.66% increase in median value, while Units have seen a 18.10% increase. As at 31 August 2024:
- The median value for Houses in Melton is $471,217 while the median value for Units is $381,845.
- Houses have a median rent of $390 while Units have a median rent of $370.
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