14/14-16 Fay StreetMelton VIC 3337
Property Details for 14/14-16 Fay St, Melton
14/14-16 Fay St, Melton is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 116m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
This beautiful unit is situated in the heart of Melton just moments away from all amenities, including public transport, schools of all levels, shopping, parklands, walking tracks, and easy freeway access. If you are looking to invest this property is a wonderful opportunity to start or add to your property portfolio.
This spacious unit comprises of two good sized bedrooms with built in robes, modern central bathroom and a large open living and meals area overlooked by a well-equipped kitchen including 600mm appliances and ample bench and cupboard space. Moving outside to the backyard there is beautiful green grass, a garden shed and a gate for rear access.
Additional features include: heating, security doors, single car space, and so much more. This property is currently tenanted in a lease until 05/08/2022 paying $1,257 per calendar month.
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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/ agent and agency.
Property History for 14/14-16 Fay St, Melton, VIC 3337
- 06 Jun 2022Sold for $310,000
- 26 Apr 2022Listed for Sale UNDER CONTRACT TEAM YPA
- 30 Jun 2021Sold for $302,000
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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 5,161 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.
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