28 Atkin StreetMelton VIC 3337
Property Details for 28 Atkin St, Melton
28 Atkin St, Melton is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1245m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Melton in the last 12 months.
Last Listing description (April 2024)
Situated at 28 Atkin Street, Melton, this prime property is strategically located right in the heart of the town center within the residential growth zone. Boasting approximately 1250m2 of land with no easement, this presents an exceptional development opportunity either immediately or in the near future. With existing plans and drawings for the construction of six units(STCA) this property offers an attractive proposition for developers or investors seeking to capitalize on the burgeoning real estate market in Melton.
The unbeatable location of this property ensures convenience and accessibility to a plethora of amenities and services. Residents will enjoy the luxury of being within walking distance to the Melton town center, which features a diverse array of shops, dining options, the city library, medical centers, schools, and a gym. This central location enhances the appeal of the property, making it an ideal choice for individuals or families looking for a vibrant urban lifestyle.
The existing house on the property comprises 4 bedrooms, 2 bathrooms, and 2 living areas, providing ample space for comfortable living. The property also features a decently sized kitchen with dining space, catering to the needs of modern households.
A notable feature of the property is the carport, capable of accommodating up to four cars. This convenient parking facility adds to the overall appeal and functionality of the property, particularly for residents with multiple vehicles.
With the property situated within the residential growth zone and boasting a generous land size, it presents an exceptional opportunity for development. The existing plans and drawings for six units highlight the potential for substantial returns on investment for developers. Whether pursued immediately or in the future, the property's development potential is undoubtedly a key selling point for prospective buyers seeking to capitalize on the growing demand for housing in Melton.
28 Atkin Street, Melton, offers a rare opportunity to acquire a prime property with significant development potential in a highly sought-after location. With its unbeatable proximity to the town center and a range of essential amenities, coupled with existing plans for six units, this property presents an enticing proposition for investors, developers, or those looking to secure a strategic investment in Melton's thriving real estate market. Don't miss out on this exceptional opportunity to make your mark in one of Victoria's fastest-growing regions.
Property History for 28 Atkin St, Melton, VIC 3337
- 16 Apr 2024Sold for $730,000
- 15 Aug 2023Listed for Sale Contact Agent !!!
- 04 Aug 2023Listed for Rent $380 / 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 5,161 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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