SOLD
RECENT ADVICE
Sold on 24 Oct 2024 for $1,400,000

2/11 Zal Street
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 686m2
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Property Details for 2/11 Zal St, Melton

Building Type
Commercial
Land Size
686m2
Local Government
Melton

Last Listing description (November 2024)

Compton Green Commercial is pleased to offer 2/11 Zal Street, Melton brand new 446m2 standalone warehouse within the industrial precinct of Melton.
Great access to all major road arterials , Keilor Melton Hwy, Western Hwy, Western Ring Road, Princess Highway Calder Freeway and West Gate Freeway.

Property Features:

Container high r/door.
Electric r/door.
Full staff facilities
First floor open plan office space.
On-site parking
Modern faade
Split system.
Electric gate.
Data points.
CCTV
Alarm
3 phase power.

Property History for 2/11 Zal St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$1,400,000
24 Oct 2024
Listed for Rent
$1.15k/w
24 Sep 2024
  • 24 Oct 2024
    Sold for $1,400,000
  • 07 Dec 2023
    Listed for Sale Sale $1,500,000 & Lease $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 5,168 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, 216 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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Compton Green
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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.