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Sold on 01 Dec 2023 for $430,000

19 Riddle Drive
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 572m2
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Property Details for 19 Riddle Dr, Melton

19 Riddle Dr, Melton is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 572m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Melton in the last 12 months.

Building Type
House
Land Size
572m2
Local Government
Melton
Lot/Plan
383/LP53740

Last Listing description (December 2023)

Welcome to 19 Riddle Drive, Melton – an exceptional investment opportunity you don't want to miss. This property has it all: location, potential, and charm.
Featuring 3 bedrooms and 1 bathroom, the house boasts timeless hardwood floors that exude warmth and character. The recently renovated kitchen is a bright and inviting space for family meals and entertaining.

Step outside, and you'll find a pergola and great side access, making it an ideal space for outdoor gatherings and even room for potential expansion. Situated on a generous corner block with a land size of approximately 572m2, there's subdivision potential (subject to council approval), providing investors with an avenue for future profit.

The property's location is nothing short of perfect. You're within walking distance of high schools, primary schools, and the bustling Melton Town Centre, making it highly appealing to potential tenants.

If you're looking for a prime investment property with both immediate rental potential and long-term growth prospects, 19 Riddle Drive is the answer. Act fast and make this your next addition to a successful property portfolio. Contact us today to arrange a viewing and secure this fantastic opportunity!

Property History for 19 Riddle Dr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$430,000
01 Dec 2023
Listed for Rent
$245/w
20 May 2015
  • 27 Nov 2023
    Sold for $430,000
  • 16 Oct 2023
    Listed for Sale Not Disclosed
  • 06 Mar 2015
    Listed for Rent $245 / 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 5,138 properties. Over the last 5 years, Houses in Melton have seen a 23.99% increase in median value, while Units have seen a 14.12% increase. As at 30 September 2024:

  • The median value for Houses in Melton is $475,219 while the median value for Units is $370,444.
  • Houses have a median rent of $400 while Units have a median rent of $370.
There are currently 49 properties listed for sale, and 22 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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Contact agent
Ned Nikolic
Show contact details
Barry Plant - 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.