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Sold on 15 Aug 2024 for $350,000

2 Lina Way
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 540m2
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Property Details for 2 Lina Way, Melton South

Building Type
Land
Land Size
540m2
Local Government
Melton
Lot/Plan
160/PS811260

Last Listing description (August 2024)

Local Expertz Realty is proud to present you with an exceptional opportunity to purchase a substantial parcel of land, located within the exclusive Orchard Green Estate.

Perfectly positioned within an established pocket of Melton South and offering a titled block measuring 540m2 approx. the sky's the limit! Offering a highly sought after 18.3m frontage (approx.), you have the flexibility to custom build to your requirements (STCA).

The Orchard Green Estate boasts a greener lifestyle for its residents and includes, beautiful parklands and playgrounds, walking trails and regenerated wetlands.

With its easy connection to freeway access, Melton and Cobblebank Train Stations, popular schools, including Al Iman College, Staughton College and Melton South Primary Schools as well as Local shopping including, Opalia and Woodgrove Shopping Centres, Medical and Dental facilities. This area is within proximity to Melbourne Airport and Melbourne CBD, you have everything at your doorstep!

Build your dream home, move in and enjoy the peaceful and convenient lifestyle the estate and its surrounds has to offer.

Opportunities like this don't come up often. Avoid disappointment and please contact us for more information!

Property History for 2 Lina Way, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$350,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $350,000
  • 24 Jan 2024
    Listed for Sale $350,000
  • 15 Feb 2022
    Sold for $375,000
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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 7,574 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.
There are currently 95 properties listed for sale, and 39 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 339 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Jesse Singh
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Sarai Hastie
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Local Expertz
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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.