424 High StreetMelton VIC 3337
Property Details for 424 High St, Melton
Last Listing description (July 2020)
There is an old saying in real estate; location location location, in regards to this property no truer words have been spoken. First National Melton is proud to be marketing this unbelievable opportunity for the astute developer. Located in High Street Melton in the RGZ situated on a 595m2 (approx.) block of land. Within easy walking distance of Melton's CBD and only a few hundred meters away from Woodgrove shopping centre.
Property History for 424 High St, Melton, VIC 3337
- 09 Oct 2023Sold for $1,275,000
- 22 Jun 2020Sold for $310,000
- 27 May 2020Listed for Sale Under Offer
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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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