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Sold on 23 Sep 2023 for $451,000

25 Exford Road
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 525m2
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Property Details for 25 Exford Rd, Melton South

25 Exford Rd, Melton South is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 525m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Melton South in the last 12 months.

Building Type
House
Land Size
525m2
Local Government
Melton
Lot/Plan
1/TP79413

Last Listing description (September 2023)

Welcome to 25 Exford Road, Melton South - a prime property nestled within the sought-after Residential Growth Zone 1, offering a myriad of possibilities for the astute investor or visionary developer. Positioned on a generous 525m2 approx. allotment, this property presents an unparalleled opportunity for subdivision, redevelopment, or even commercial ventures STCA (subject to council approval).

Situated merely a stone's throw away from the convenience of Melton Train Station, Coles Station Square, and the esteemed Melton South Primary School, this location boasts exceptional connectivity and accessibility.

The existing residence, which has recently undergone a tasteful update, exudes charm and potential. The layout features a thoughtfully designed updated kitchen and bathroom, catering to modern living standards. The accommodation comprises three bedrooms, two of which are graced with built-in robes, ensuring ample storage space and convenience. All serviced by a central bathroom hosting shower & oversized two person spa bath and separate toilet.

Outside, a long carport/pergola area offers a versatile space for outdoor activities and gatherings, providing a perfect balance between relaxation and entertainment. Further enhancing the property's utility, a spacious double garage/workshop at the rear lends itself to creative possibilities or additional storage needs.

This property is not just a residence; it's a canvas of potential waiting to be transformed. Whether you're an investor with an eye for future growth, a developer seeking the next lucrative project, or someone looking to establish a commercial enterprise, this property offers the flexibility to realize your vision STCA (subject to council approval).

Don't miss this chance to secure a slice of Melton South's promising future. With its strategic location, updated residence, and versatile zoning, 25 Exford Road is a unique and exciting proposition that invites you to explore the boundless opportunities it presents. Seize the moment and make your mark in this thriving community.

Property History for 25 Exford Rd, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$451,000
23 Sep 2023
Listed for Rent
$380/w
10 Nov 2023
  • 20 Oct 2023
    Listed for Rent $380 / week
  • 14 Sep 2023
    Sold for $451,000
  • 07 Aug 2023
    Listed for Sale SOLD BY RAY WHITE MELTON
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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 7,604 properties. Over the last 5 years, Houses in Melton South have seen a 29.48% increase in median value, while Units have seen a 11.06% increase. As at 31 July 2024:

  • The median value for Houses in Melton South is $491,375 while the median value for Units is $356,377.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 105 properties listed for sale, and 35 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 346 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Mark Mintoff
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Martin Mintoff
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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.