OFF MARKET

50 Penguin Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 671m2
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Property Details for 50 Penguin St, Melton

50 Penguin St, Melton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 671m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1978
Floor Size
114m2
Land Size
671m2
Local Government
Melton
Lot/Plan
336/LP56959

Last Listing description (March 2021)

Ideally located within easy walking distance to local schools, public transport and shopping precinct is this outstanding opportunity to purchase a ready made home. The current owners have left no stone unturned in presenting this three-bedroom home and have done a wonderful job in incorporating the newly installed kitchen overlooking the family zone of the home. The polished floorboard adds to the appeal and not to forget the family bathroom which has been tasteful renovated. To the rear of the property, you have a great grassed area for the children to enjoy their weekends kicking the footy and a double garage with power and concreted flooring. Contact First National Melton to arrange your inspection of 50 Penguin Street, Melton.

Property History for 50 Penguin St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$405,000
01 Mar 2021
  • 01 Mar 2021
    Sold for $405,000
  • 23 Feb 2021
    Listed for Sale $400,000-$429,000
  • 02 Jun 2011
    Transferred
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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.