SOLD
Sold on 15 Nov 2024 for $345,000

17 First Avenue
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
Land area: 592m2
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Property Details for 17 First Ave, Melton South

Building Type
Land
Floor Size
109m2
Land Size
592m2
Local Government
Melton
Lot/Plan
89/LP52642

Last Listing description (November 2024)

The Phone Code for this property is: 62929. Please quote this number when phoning or texting.

LOCATION, LOCATION, LOCATION!

One of the best locations in Melton South - RGZ1 zoning!

Land is completely vacant right now (ignore any old photos you may find on the internet, or just go straight to the land to check it out!)

17 FIRST AVENUE, MELTON SOUTH

Offered to the market for only the second time in its history and situated in a leafy, established area of Melton South, this is a beautiful parcel of land measuring 592m2 approx.

Build your new dream home or investment units with the land's special RGZ1 zoning!

Key features:

? JUST 1 MIN DRIVE TO MELTON TRAIN STATION and Melton South Primary School
? Genuine 5min walking distance to Station Square Shopping, which includes Coles and several restaurants and shops
? 5min drive to upcoming large capacity Melton Hospital
? Just 3-4mins drive to another cluster of 6 schools (primary & secondary) and the M8 freeway entry
? Near many other local amenities including medical facilities, parklands, swimming pool, Woodgrove Shopping Centre and more!
? Ready for FTTP (Fibre to the Premises) NBN or business Enterprise Ethernet connection, the fastest possible type

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 17 First Ave, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$345,000
15 Nov 2024
  • 15 Nov 2024
    Sold for $345,000
  • 12 Jan 2024
    Listed for Sale Not Disclosed
  • 24 Aug 2022
    Sold for $355,000
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About 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 7,595 properties. Over the last 5 years, Houses in Melton South have seen a 26.61% increase in median value, while Units have seen a 7.81% increase. As at 31 October 2024:

  • The median value for Houses in Melton South is $496,829 while the median value for Units is $351,985.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 100 properties listed for sale, and 51 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 347 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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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.