OFF MARKET

40 Vista Drive
Melton VIC 3337

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 590m2
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Property Details for 40 Vista Dr, Melton

40 Vista Dr, Melton is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 590m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1980
Floor Size
131m2
Land Size
590m2
Local Government
Melton
Lot/Plan
1/TP114318

Last Listing description (September 2022)

Huge opportunity for all investors, positioned in the residential Growth Zone- Schedule 1, sitting on a rectangle block of approximately 590sqm. Plans and permits approved by council for 4 town houses to be built. Property is also liveable and ready to be moved in to or leased out.

Perfectly positioned right in the heart of Melton, within walking distance to High Street Shopping district, Schools, bus stops, medical centres, Woodgrove shopping centre & more!

Existing property featuring 4 generous size bedrooms fitted with built in robes, central light filled bathroom, open plan living room flowing through the dining and kitchen area. Kitchen featuring ample cupboard and bench space.

Special features include
- Lock up roller door single garage
- Double car port with side access
- Evaporative cooling
- New Braemar TQ320 ducted gas heating
- New Dishwasher
- New Thermann 135ltr natural gas hot water system
- Positioned within the Western Growth Corridor & more!

Contact Zoe Crooks to secure this superb opportunity today.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 40 Vista Dr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$465,000
23 Jun 2022
Listed for Rent
$310/w
27 Nov 2020
  • 01 Sep 2022
    Listed for Sale Sold
  • 23 Jun 2022
    Sold for $465,000
  • 25 Mar 2022
    Listed for Sale $480,000-$528,000
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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 5,138 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:

  • The median value for Houses in Melton is $471,217 while the median value for Units is $381,845.
  • Houses have a median rent of $390 while Units have a median rent of $370.
There are currently 46 properties listed for sale, and 22 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Melton.

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