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Sold on 15 Jul 2024 - Price Unavailable

53 Norwood Avenue
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 448m2
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Property Details for 53 Norwood Ave, Melton South

Building Type
Land
Land Size
448m2
Local Government
Melton
Lot/Plan
807/PS649489

Last Listing description (July 2024)

Nestled in the prestigious Maplewood Estate, 53 Norwood Avenue presents an outstanding opportunity for those aspiring to create their dream home. This expansive vacant block spans approximately 448 square metres, offering an ideal blank canvas for bringing your unique vision to life.

Strategically located, this property enjoys close proximity to Opalia Plaza, providing residents with easy access to a variety of shopping, dining, and entertainment options. Whether you're looking for a quick grocery run or a leisurely day out, everything you need is just a short distance away.

The appeal of this location extends to its proximity to reputable schools, making it an excellent choice for families. Parents will appreciate the convenience of having quality educational institutions nearby, ensuring their children have access to top-tier learning environments.

Beyond shopping and schools, the area is rich with additional amenities. Parks, recreational facilities, and community services are all within easy reach, contributing to a lifestyle of comfort and ease. Whether you enjoy outdoor activities, need access to health services, or want to engage in community events, everything is at your fingertips.

Seize this unique opportunity to transform 53 Norwood Avenue into your dream home. The combination of convenience, desirable location, and ample space makes this property a standout choice in the sought-after Maplewood Estate. Don't miss the chance to make your vision a reality in one of the most coveted neighbourhoods.

Property History for 53 Norwood Ave, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
15 Jul 2024
  • 10 Jul 2024
    Sold for $300,000
  • 28 May 2024
    Listed for Sale $319,000 $349,000
  • 16 Feb 2024
    Listed for Sale 339,000-372,000
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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 7,591 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 48 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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Ajay Sharma
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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.