OFF MARKET

12/16-18 Mckenzie Street
Melton VIC 3337

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 17m2
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Property Details for 12/16-18 Mckenzie St, Melton

12/16-18 Mckenzie St, Melton is a 1 bedroom, 1 bathroom Unit and was built in 1992. The property has a land size of 17m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
1992
Land Size
17m2
Local Government
Melton
Lot/Plan
12/PS526588

Last Listing description (November 2007)

7.4 % RETURN (APPROX) WITH LONG - TERM RENTAL GUARANTEE
RARE OPPORTUNITY TO INVEST IN AGED CARE. THIS BEDSIT APARTMENT IN THE HEART OF MELTON OFFERS THE FOLLOWING: *$5,167.90 RENTAL PER ANNUM *10 YEAR GUARANTEED LEASE (7 YEARS REMAINING) WITH A FURTHER 2 X 10 YEAR OPTIONS *NO OUTGOINGS-ALL PAID BY TENANT *TOP QUALITY TENANT *CPI INCREASES AT $70,000 THIS IS AN OPPORTUNITY TOO GOOD TO MISS! CALL 9841 8000 ENTER PIN 1040 FOR DETAILS INSPECT: BY APPOINTMENT CONTACT: KIRSTIN SADLER 0408 119 123 MELWAYS REF: 337 A9 BED: 1 BATH: 1(ENSUITE) CAR: N/A ASL PROPERTY GROUP AND/OR THEIR AGENTS, FOR THEMSELVES AND FOR THE VENDOR OF THIS PROPERTY FOR WHOM THEY ACT GIVE NOTICE THAT (I) ALL INFORMATION GIVEN IN RELATION TO THIS PROPERTY, WHETHER CONTAINED IN THIS DOCUMENT OR GIVEN ORALLY, IS GIVEN WITHOUT RESPONSIBILITY, (II) INTENDING PURCHASERS SHOULD SATISFY THEMSELVES AS TO THE ACCURACY OR TRUTH OF ALL INFORMATION GIVEN BY THEIR OWN INSPECTIONS, SEARCHES, INQUIRIES, ADVICES OR AS IS OTHERWISE NECESSARY. (III) NO PERSON IN THE EMPLOYMENT OF ASL PROPERTY GROUP HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY.

Property History for 12/16-18 Mckenzie St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$90,833
24 May 2017
  • 24 May 2017
    Sold for $90,833
  • 12 Jan 2016
    Listed for Sale Not Disclosed
  • 12 Apr 2012
    Sold for $65,000
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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 55 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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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.