OFF MARKET

48 Frobisher Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 585m2
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Property Details for 48 Frobisher St, Melton

48 Frobisher St, Melton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 585m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last transferred in June 2024.

Building Type
House
Year Built
1970
Floor Size
131m2
Land Size
585m2
Local Government
Melton
Lot/Plan
148/LP53738

Last Listing description (July 2018)

Located in Melton with just a short walk to the high street shops and local schools. You will feel at home the second you walk through the door, this is perfect for families or investors alike. This home currently leased on month to month lease by great tenants currently paying $280 per week. With a 3-bedroom design including a master bedroom complete with walk in robe and ensuite, bright kitchen with plenty of storage overlooking the dining room, spacious family room and central bathroom. Step outside to a large back yard with easy access from the driveway, great for caravans, boats or the extra cars. Other features include double car carport, spilt system, floor boards throughout the home and who could forget such a spacious block measuring in at approximately 585sqm (approx.)

Property History for 48 Frobisher St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Transferred
12 Jun 2024
Listed for Rent
$270/w
01 Oct 2015
  • 12 Jun 2024
    Transferred
  • 12 Jun 2018
    Sold for $415,000
  • 31 May 2018
    Listed for Sale $409,000
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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 5,125 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.
There are currently 47 properties listed for sale, and 22 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 211 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.