OFF MARKET

428 High Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 582m2
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Last updated 30 Sep 2024
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Property Details for 428 High St, Melton

428 High St, Melton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 582m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1975
Floor Size
115m2
Land Size
582m2
Local Government
Melton
Lot/Plan
166/LP56005

Last Listing description (October 2024)

Located in a Residential Growth Zone on a bustling main road, this stunning property offers a rare opportunity for investors, commercial buyers, or families seeking the perfect home. With easy access to public transportation and major highways, this property is an ideal choice for anyone looking for convenient living. Boasting exceptional potential for a variety of uses, this property is a must-see.

As you enter the property, you'll be greeted by a spacious living area that sets the tone for the rest of the home. This stunning property features three generously sized bedrooms that offer ample space for relaxation and rest. Perfect for families or anyone in need of extra space, this property is designed to accommodate a wide range of needs.

The prime location of this property makes it an excellent opportunity for commercial buyers seeking high visibility and foot traffic. The property's limitless potential makes it a wise investment for investors seeking to capitalize on the thriving local market. Don't miss out on the chance to own a piece of prime real estate in one of the most sought-after locations. Book a viewing today and experience the allure of this extraordinary property for yourself.

Terms: 10% deposit, balance 30/45/60/90/120 days

Property History for 428 High St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Oct 2018
Listed for Rent
$310/w
30 Mar 2020
  • 17 Jul 2024
    Listed for Sale Small Business Potential (STCA)
  • 19 Apr 2023
    Listed for Sale Not Disclosed
  • 17 Feb 2020
    Listed for Rent $310 / week
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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 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

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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.