Sold Real Estate and Business Agents is proud to present this 790 SQM block of land nestled in the heart of Melton South's newest street Cardigan Close and was part of the Heartland Estate.
This property is perfect for first home buyers or investors wanting to start building their new houses and beginning a new lifestyle.
Cardigan Close offers their residents with multiple amenities such as Melton station, shops, schools, childcare centres and it's only 46 km away from Melbourne's CBD.
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 7,604 properties. Over the last 5 years, Houses in Melton South have seen a 29.48% increase in median value, while Units have seen a 11.06% increase. As at 31 July 2024:
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