19 Riddle DriveMelton VIC 3337
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.
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
- 27 Nov 2023Sold for $430,000
- 16 Oct 2023Listed for Sale Not Disclosed
- 06 Mar 2015Listed for Rent $245 / week
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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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