OFF MARKET

7 Rae Court
Melton South VIC 3338

Bedrooms: 4
Bathrooms: 1
Car spaces: 5
Floor area: 136m2
Land area: 922m2
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Property Details for 7 Rae Ct, Melton South

7 Rae Ct, Melton South is a 4 bedroom, 1 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 922m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1980
Floor Size
136m2
Land Size
922m2
Local Government
Melton
Lot/Plan
100/LP59003

Last Listing description (June 2022)

If position, convenience, and opportunity are at the top of your checklist, then this is the one for you. This home is sitting on a large 922sqm of land (approx.). An exciting opportunity awaits investors, first home buyers or developers looking to purchase a home that truly stands in a league of its own.

Situated in a quiet court/ friendly neighbourhood in Melton South this beautiful renovated family home offers 4 good sized bedroom with carpets and built-in robes, central bathroom with a spa bath, polished floorboards formal living room with adjoining kitchen and dining area.

Other features include:

- Wall Air Conditioning
- Ducted Heating
- Dishwasher
- Huge work shed & Garden shed
- 18 Solar Panels
- Wrap around Veranda
- Close to schools, shops including Woodgrove shopping centre
- Close to Melton Train station and Western Freeway

With all this on offer don't miss out! Call Jesse or Shannyn!

Property History for 7 Rae Ct, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$565,000
07 Apr 2022
Listed for Rent
$375/w
18 Jul 2020
  • 07 Apr 2022
    Sold for $565,000
  • 18 Mar 2022
    Listed for Sale $499,000 - $539,000
  • 14 Jul 2020
    Listed for Rent $375 / 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 7,604 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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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.