16 Grace StreetMelton South VIC 3338
Property Details for 16 Grace St, Melton South
16 Grace St, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 585m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (March 2024)
Endless possibilities and investment opportunities are on offer with this very inviting family home, proudly presented on a generous 585m2 allotment. A vibrant home, in an abundant location with convenient and quick access to major shopping centres, schools, public transport and all the other conveniences you would expect. Enjoy the comforts of a spacious lounge room and separate dining space, complimented by a fully equipped kitchen with an ample bench and cupboard space. Three bedrooms all with built in robes and central bathroom off the main hallway. Well maintained gardens and has an excessive amount of space, including a large back pergola and a brilliant sized double garage and carport. Land this size provides the astute investor, developer or builder with outstanding potential to expand or to redevelop into a multi-unit site (STCA). Contact Daniel Webber to arrange your inspection.
Property History for 16 Grace St, Melton South, VIC 3338
- 03 Jul 2023Listed for Sale Not Disclosed
- 25 Jan 2023Sold for $490,000
- 25 Oct 2022Listed for Sale UNDER OFFER
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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 7,574 properties. Over the last 5 years, Houses in Melton South have seen a 28.08% increase in median value, while Units have seen a 10.71% increase. As at 30 September 2024:
- The median value for Houses in Melton South is $494,384 while the median value for Units is $358,701.
- Houses have a median rent of $420 while Units have a median rent of $370.
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