OFF MARKET

22 Neerim Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 103m2
Land area: 580m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 22 Neerim St, Melton South

22 Neerim St, Melton South is a 3 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 580m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1985
Floor Size
103m2
Land Size
580m2
Local Government
Melton
Lot/Plan
80/LP56190

Last Listing description (April 2024)

Perfectly located close to schools, shops and transport in the ever popular Melton South, this home presents as the perfect investment opportunity.

This wonderful home comprises of 3 bedrooms with BIR's, formal lounge, meals area and updated kitchen boasting S/S appliances & timber bench tops.

Whilst other features include reverse cycle split system, small pergola, double detached garage all sitting on a great block size of approx 580m2. With a quality tenant in the home on a lease at $330 per week.

The opportunity doesn't end here though. This property comes with plans for future development of a single lock up garage double story town house/ unit comprising of a generous size living space down stairs and kitchen with walk in pantry.

Upstairs you will find three bedrooms, one with BIR's two with WIR's, main bathroom and also featuring a study.

This is one not to be missed if you are looking to grow your portfolio

PHOTO ID IS A MUST AT ALL OPEN FOR INSPECTIONS.

Property History for 22 Neerim St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$430,000
12 Apr 2023
Listed for Rent
$380/w
05 Jul 2023
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 17 May 2023
    Listed for Rent $380 / week
  • 12 Apr 2023
    Sold for $430,000
Sign in to see more transactions

Commute Calculator

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 7,612 properties. Over the last 5 years, Houses in Melton South have seen a 30.07% increase in median value, while Units have seen a 12.59% increase. As at 31 August 2024:

  • The median value for Houses in Melton South is $497,752 while the median value for Units is $364,457.
  • Houses have a median rent of $420 while Units have a median rent of $360.
There are currently 107 properties listed for sale, and 38 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

Market Insights
Melton South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Melton South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.