SOLD
RECENT ADVICE
Sold on 24 Jul 2024 for $550,000

509 High Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 538m2
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Property Details for 509 High St, Melton

509 High St, Melton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 538m2 and floor size of 130m2. 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
Year Built
1970
Floor Size
130m2
Land Size
538m2
Local Government
Melton
Lot/Plan
26/LP57805

Last Listing description (July 2024)

Situated in Melton's premium Residential Growth Zone with appeal to all first home buyers, investors & developers, this fantastic opportunity sits on approximately 538sqm of prime real estate. Upon entry you are welcomed with a sizeable lounge room, renovated kitchen with an adjoining dining area, three (3) spacious bedrooms, bright central bathroom, second living zone, separate laundry & a garage that has been converted into a multipurpose living area which is ideal for all home businesses.

Situated only a short walk from Woodgrove Shopping Centre, Melton Secondary College, Melton West Primary School, Melton West Preschool, Melton Medical Centre, public transport (bus stop 455, 456, 458) & only moments away from Melton Train Station, High Street Shopping Strip & easy access to the Western Freeway.

Additional features include:

Ducted heating

Air conditioner

Hardwood flooring

This opportunity is rare & will not be available for long, we look forward to meeting you at our next inspection.

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Property History for 509 High St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$550,000
24 Jul 2024
Listed for Rent
$370/w
01 Jun 2023
  • 24 Jul 2024
    Sold for $550,000
  • 21 May 2024
    Listed for Sale Under Contract - $550,000 - $595,000
  • 24 May 2023
    Listed for Rent $370 / 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 5,137 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.

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