SOLD
RECENT ADVICE
Sold on 30 Oct 2024 for $455,000

121 Palmerston Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 592m2
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Property Details for 121 Palmerston St, Melton

121 Palmerston St, Melton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 592m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Melton in the last 12 months.

Building Type
House
Land Size
592m2

Last Listing description (October 2024)

In-Room Auction
Wednesday 30th October @ 6:00pm
Melton Entertainment Park

2 Ferris Road, Melton

Unlock the potential of modern living with subdivision opportunities (STCA) at 121 Palmerston Street, Melton. Set on a spacious 592m² block, this well-laid-out home is perfect for families or astute investors looking for both comfort and growth potential. The property's prime location and future flexibility make it a standout in today's market.

The floorplan offers an ideal balance of space and functionality. Upon entry, you're greeted by a light-filled lounge that flows seamlessly into an open-plan meals and kitchen area, designed for relaxed living and easy entertaining. A versatile living space can easily be adapted into a home office, ensuring the home caters to the needs of modern lifestyles.

With three spacious bedrooms, including a master with an ensuite, the home ensures ample personal space for all family members. Additional highlights include ducted heating and evaporative cooling, a well-equipped central bathroom, and a convenient laundry. Outside, the expansive backyard offers a substantial workshop/storage shed, adding further value and potential to the property.

Located just moments from Melton Primary School and Central Walk Shopping Centre, this property presents an incredible opportunity for families and investors alike. With its well-thought-out design, large block, and potential for subdivision (STCA), 121 Palmerston Street is an exceptional find in a thriving area. Don't miss out on this versatile property that blends lifestyle with investment.

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DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Property History for 121 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$455,000
30 Oct 2024
Listed for Rent
$320/w
16 May 2019
  • 30 Oct 2024
    Sold for $455,000
  • 07 Oct 2024
    Listed for Sale SOLD AT AUCTION
  • 10 Nov 2022
    Listed for Sale Contact Agent
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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 5,168 properties. Over the last 5 years, Houses in Melton have seen a 22.11% increase in median value, while Units have seen a 23.33% increase. As at 30 November 2024:

  • The median value for Houses in Melton is $474,970 while the median value for Units is $375,335.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 53 properties listed for sale, and 25 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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Martin Mintoff
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Sebastian Oberoi
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Ray White - 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.