422 High StreetMelton VIC 3337
Property Details for 422 High St, Melton
Last Listing description (October 2023)
Size: 1178m2 Approx. (Combined)
Zoning: Residential Growth Zone-Schedule 1 (RGZ1)
Key attributes:
+ Vacant land
+ Strategically positioned next to of Melton's Central
Business District
+ Few hundred meters away from Woodgrove Shopping
Centre
+ Exposed development potential STCA
+ Two separate titles to be sold together
+ Easy access to Western Freeway
Property History for 422 High St, Melton, VIC 3337
- 20 Oct 2023Listed for Sale Contact Agent
- 09 Oct 2023Sold for $1,275,000
- 14 Jul 2021Listed for Sale $980,000 to $1,060,000
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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 5,139 properties. Over the last 5 years, Houses in Melton have seen a 23.99% increase in median value, while Units have seen a 14.12% increase. As at 30 September 2024:
- The median value for Houses in Melton is $475,219 while the median value for Units is $370,444.
- Houses have a median rent of $400 while Units have a median rent of $370.
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