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Sold on 03 Sep 2024 for $350,000

41/62 Andrew Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 198m2
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Property Details for 41/62 Andrew St, Melton South

41/62 Andrew St, Melton South is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 198m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Melton South in the last 12 months.

Building Type
Unit
Land Size
198m2
Local Government
Melton
Lot/Plan
41/PS614122

Last Listing description (September 2024)

Perfect for first home buyers, downsizers, and investors looking to add to their portfolio. It's properties like these that turn heads. Embrace yourself for the best living with all major amenities including Melton South Train Station, quality primary and secondary schools, parklands, public transport, local shops and so much more!

Features include:
• Master bedroom showcasing a ceiling fan and walk-in wardrobe

• Additional two spacious bedrooms with built-in wardrobes
• The open plan kitchen is located perfectly to incorporate the meals and family space
• Kitchen complete with ample cupboard space, 40mm caeser stone bench top, gas cooktop, electric oven, range hood, dishwasher and double sink
• Central bathroom with bathtub, shower and quality fittings
• Ducted heating, reverse cycle split system unit, square set cornices, side gate
• Single car garage with internal access
• The potential rental income is $20,335.71 per annum or $390 per week (approximately) with always a strong demand for this location

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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.

Property History for 41/62 Andrew St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$350,000
03 Sep 2024
Listed for Rent
$350/w
02 May 2023
  • 19 Aug 2024
    Sold for $350,000
  • 17 Jun 2024
    Listed for Sale SOLD $350,000
  • 17 Mar 2023
    Listed for Rent $350 / 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 7,595 properties. Over the last 5 years, Houses in Melton South have seen a 26.61% increase in median value, while Units have seen a 7.81% increase. As at 31 October 2024:

  • The median value for Houses in Melton South is $496,829 while the median value for Units is $351,985.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 97 properties listed for sale, and 54 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Contact agent
Andrew Migliorisi
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Stephen Azzopardi
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YPA Estate Agents Caroline Springs
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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.