4/28 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 177m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
CHECK OUT THE VALUE
CURRENTLY RETURNING $10140 PER ANNUM, AT THIS PRICE, THIS UNIT MUST BE THE BARGAIN OF THE YEAR! SET IN A NICE LITTLE COMPLEX JUST TWO BLOCKS FROM THE MIDDLE OF TOWN, THE UNIT COMPRISES TWO BEDROOMS, LOUNGE, KITCHEN, SEPARATE BATHROOM, LAUNDRY AND TOILET. RECENTLY RE-PAINTED THROUGHOUT, IT PRESENTS EXTREMELY WELL. READILY ACCESSIBLE TO PUBLIC TRANSPORT, THIS PROPERTY WILL ALWAYS APPEAL TO A WIDE VARIETY OF TENANTS.
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:
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