215-249 Mount Cottrell Rd, Melton is a 0 bedroom, 0 bathroom House with 6 parking spaces and was built in 1990. The property has a land size of 119799m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Positioned in the premium location of Melton, one of the fastest growing city council of Victoria. This 30 Acres of land is certainly an excellent development or land banking opportunity. With easy access to all major arterial roads and located just off Melton Highway, this property is a matchless investment.
On the property is a spacious 3-bedroom family home with 3 living areas, a master bedroom, en-suite and walk in robe.
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 23.66% increase in median value, while Units have seen a 18.10% increase. As at 31 August 2024:
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