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Sold on 02 Feb 2024 for $279,000

22 Jacobena Road
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 400m2
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Property Details for 22 Jacobena Rd, Melton South

Building Type
Land
Land Size
400m2

Last Listing description (February 2024)

Located in the thriving Orchard Green Estate, 22 Jacobena Road presents an exceptional opportunity to build your dream home. This 400m2 vacant land parcel offers an ideal blank canvas for those seeking to create a bespoke living space in a convenient and sought-after location.

Situated in close proximity to Opalia Shopping Centre, Melton South Train Station, schools, and a host of amenities, this property possesses a highly desirable address that combines suburban tranquility with easy access to modern conveniences.

Property History for 22 Jacobena Rd, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$279,000
02 Feb 2024
  • 30 Jan 2024
    Sold for $279,000
  • 26 May 2023
    Listed for Sale Contact Agent
  • 12 Oct 2018
    Sold for $236,000

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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 7,622 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.
There are currently 73 properties listed for sale, and 48 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Contact agent
Martin Mintoff
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Sebastian Oberoi
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Ray White - Melton
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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.