1 Sturt RoadMelton South VIC 3338
Property Details for 1 Sturt Rd, Melton South
1 Sturt Rd, Melton South is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 907m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Melton South in the last 12 months.
Last Listing description (November 2024)
This classic 4-bedroom, 2-bathroom brick veneer home offers endless potential for the right buyer. Set on a massive 907m² (approx.) block, this property is perfect for renovators with a vision or savvy investors looking to maximize the land's potential. The large home features two spacious living areas and is ready for a fresh update to bring it back to life.
With a large 6x10 meter 4-car garage, there's ample room for storage, hobbies, or workshop space. Given the generous land size, there's also exciting potential for future development, with room to add multiple units (STCA).
Whether you're a renovator ready to create your dream home or an investor seeking a property with fantastic potential, 1 Sturt Road offers a great opportunity. Arrange an inspection today to see the possibilities for yourself!
Auction Terms 10% Deposit; Settlement 30, 45 or 60 days
Onsite & Online Auction on Saturday, 23rd November 2024 at 01:30pm sharp.
Property History for 1 Sturt Rd, Melton South, VIC 3338
- 25 Nov 2024Sold for $560,000
- 01 Nov 2024Listed for Sale $400,000 - 440,000
- 01 Sep 2017Listed for Rent - Price not available
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0About Melton South 3338
The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Melton South is 30-39 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a trades occupation. In 2011, 65.9% of the homes in Melton South were owner-occupied compared with 63.7% in 2016.
Melton South has 7,622 properties. Over the last 5 years, Houses in Melton South have seen a 26.65% increase in median value, while Units have seen a 18.09% increase. As at 30 November 2024:
- The median value for Houses in Melton South is $501,343 while the median value for Units is $358,419.
- Houses have a median rent of $425 while Units have a median rent of $375.
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