SOLD
Sold on 22 Feb 2024 for $279,000

12/14-16 Fay Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 113m2
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Property Details for 12/14-16 Fay St, Melton

12/14-16 Fay St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 113m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Melton in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
100m2
Land Size
113m2
Local Government
Melton
Lot/Plan
24/RP16555

Last Listing description (May 2024)

This charming unit is now available for sale and offers a fantastic opportunity for first-time buyers, downsizers, or investors alike.

Situated in a convenient location, this property boasts two cozy bedrooms, one with double build in rooms. The open-plan living with gas heating and dining area create a warm and inviting space, perfect for entertaining friends and family. The functional kitchen offers ample storage and bench space, making meal preparation a breeze.

This property also features a single car carport, and is conveniently located, close to local amenities High Street shopping precinct, Woodgrove Shopping centre, all level schools, medical centres, childcare centres, and public transport options.

This property presents an excellent opportunity for buyers looking to enter the market or add to their investment portfolio. Don't miss out on this fantastic opportunity to secure your own piece of Melton.

Property History for 12/14-16 Fay St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$279,000
22 Feb 2024
Listed for Rent
$290/w
06 May 2022
  • 22 Feb 2024
    Sold for $279,000
  • 27 Jul 2023
    Listed for Sale $279,000
  • 06 May 2022
    Listed for Rent $290 / 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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Raine & Horne 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.