29 Richard RoadMelton South VIC 3338
Property Details for 29 Richard Rd, Melton South
29 Richard Rd, Melton South is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 582m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Superbly positioned close to schools, shops, medical facilities, childcare centre, and train station in Melton South this home is perfect for home buyers or investors looking for a great opportunity to enter the market or add to their property portfolio. Set on a great sized corner allotment of 582m2 (approximately) this 4-bedroom property comprises of a lounge room, renovated bathroom, timber kitchen with adjoining dining area and laundry. Other features include ducted heating, evaporative cooling, built-in robes to bedrooms and timber floors. Externally the property offers 2 cross overs ideal for future development (Subject to Council Approval) single carport, great sized workshop / garage and is superbly located opposite Coburns Primary School. A great opportunity exists here to roll up your sleeves and reap the rewards. Terms 10% Deposit. Balance 30-60 days
Property History for 29 Richard Rd, Melton South, VIC 3338
- 21 May 2022Sold for $380,000
- 02 May 2022Listed for Sale Not Disclosed
- 24 May 2016Transferred
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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.
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