OFF MARKET

42 Penguin Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 111m2
Land area: 592m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 42 Penguin St, Melton

42 Penguin St, Melton is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 592m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
592m2
Local Government
Melton
Lot/Plan
332/LP56959

Last Listing description (November 2016)

Positioned in a perfect location, this fabulous home is ideal for first homebuyers, downsizers or investors. Hosting three generous size bedrooms, master and second bedroom with built in robes, spacious lounge room and a well laid out kitchen overlooking the meals area. Separate laundry with external access, great undercover outdoor entertaining area, two car carport and a single car garage. Other extras include wall A/C, gas heater, shed and beautiful landscaped gardens. All this on a 591(approx.) allotment. This great property is within a short walk to all amenities including local Schools, Public Transport, Woodgrove Shopping Centre, Melton Waves Leisure Centre and the central township of Melton. Be quick and organize your inspection today, as this home won't last long.

Property History for 42 Penguin St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$264,000
11 Jan 2016
Listed for Rent
$280/w
16 Nov 2014
  • 11 Jan 2016
    Sold for $264,000
  • 23 Nov 2015
    Listed for Sale $259,000 - $279,000
  • 21 Oct 2014
    Listed for Rent $280 / week
Sign in to see more transactions

Commute Calculator

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 20 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

Market Insights
Melton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Melton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.