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Sold on 16 Jul 2024 for $436,000

48 Scott Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 48 Scott St, Melton

48 Scott St, Melton is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Melton in the last 12 months.

Building Type
House
Local Government
Melton
Lot/Plan
89/LP56958

Last Listing description (July 2024)

Welcome to 48 Scott Street Melton! This opportunity to buy a 3-bedroom, 1-bathroom home on a development corner (STCA).

The home comes ready set for the investor with a long term tenant on a month to month lease. The home offers a spacious living area, adjoining kitchen/meals area, and a beautiful backyard, this property has everything you need.

Located in a neighborhood that has much to offer, including, local shops and medical facilities across the road, short stroll to local parks and gym and great access to freeways and public transport.

If it is an investment you are after or the opportunity to spread out in your own family home this property offers it all.

Property History for 48 Scott St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$436,000
16 Jul 2024
Listed for Rent
$200/w
26 Feb 2008
  • 16 Jul 2024
    Sold for $436,000
  • 02 Jul 2024
    Sold for $436,000
  • 24 Jun 2024
    Listed for Sale $420,000 - $460,000
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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 5,137 properties. Over the last 5 years, Houses in Melton have seen a 24.56% increase in median value, while Units have seen a 16.55% increase. As at 31 July 2024:

  • The median value for Houses in Melton is $468,206 while the median value for Units is $371,597.
  • Houses have a median rent of $390 while Units have a median rent of $360.
There are currently 42 properties listed for sale, and 21 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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Contact agent
Kieran Carson
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Jake Krstin
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Raine & Horne Melton
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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.