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Sold on 19 Jun 2024 for $498,500

3 Reynolds Place
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 692m2
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Property Details for 3 Reynolds Pl, Melton South

3 Reynolds Pl, Melton South is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 692m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Melton South in the last 12 months.

Building Type
House
Land Size
692m2

Last Listing description (June 2024)

Nestled in a serene pocket of Melton South, this charming brick house is a true gem awaiting your discovery! Positioned on a huge 692sqm of prime Real estate with the potential to build a second dwelling the rear (STCA) and positioned in a court location with Blackwood Drive Recreation Reserve at the end of the street makes this property the perfect balance between liveability, lifestyle and future opportunity!

As you step inside, you're greeted by a warm and inviting atmosphere, with a generous living room perfect for gatherings or quiet evenings in. The kitchen is well equipped and has an adjoining meals area attached. Flowing outdoors, the undercover enclosed pergola offers extra space for entertaining family and friends. Boasting a total of 3 spacious bedrooms and 1 well-appointed bathroom, this home offers ample space for everyone. One of the standout features of this property is the extensive parking options. A long driveway leads to a substantial carport and garage, providing plenty of space for your vehicles, as well as additional storage if needed. The large lawned backyard.

Situated on a sprawling 692sqm land, this property offers endless opportunities. Ideal for investors, this property presents a lucrative opportunity for rental income with a tenant already residing in the property that would ideally love to stay. Similarly, for first home buyers, this house offers an affordable entry into homeownership!

Being within close proximity to the freeway entrance, parklands, shopping complexes, walking tracks, public transport and schools as well as being directly situated across from Coburn Primary School makes this location second to none! Call now to avoid disappointment!

Property History for 3 Reynolds Pl, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$498,500
19 Jun 2024
Listed for Rent
$340/w
01 Feb 2023
  • 08 Jun 2024
    Sold for $495,500
  • 08 May 2024
    Listed for Sale Under Offer
  • 13 Jan 2023
    Listed for Rent $340 / week
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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 71 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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David (Thanh) Lu
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Cameron Vurovecz
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Harcourts West Realty
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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.