OFF MARKET

8/28-34 Phillip Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 87m2
Land area: 286m2
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Property Details for 8/28-34 Phillip St, Melton South

8/28-34 Phillip St, Melton South is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 286m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1990
Floor Size
87m2
Land Size
286m2
Local Government
Melton
Lot/Plan
8/PS607792

Last Listing description (June 2017)

This well-maintained property, represents great value. Comprising of three bedrooms, all with BIR's, central kitchen with S/S appliances and an adjoining meals area, which leads through to a spacious family room with gas space heater. NBN and pay TV are also available. There is a separate laundry and toilet, single car lock up garage with rear yard and internal access, external doors and window security screens; plus additional off street parking for two extra vehicles. Private and centrally located in the heart of Melton, with all services at your fingertips, it represents a perfect opportunity for an entry point into property ownership or alternatively, as an addition to enhance any property investor's portfolio. Currently tenanted at $270pw to May 2017.

Property History for 8/28-34 Phillip St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$259,000
19 Jun 2017
  • 19 Jun 2017
    Sold for $259,000
  • 04 Apr 2017
    Listed for Sale $259,000 (under offer)
  • 03 Nov 2013
    Listed for Sale $250,000
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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 7,612 properties. Over the last 5 years, Houses in Melton South have seen a 30.07% increase in median value, while Units have seen a 12.59% increase. As at 31 August 2024:

  • The median value for Houses in Melton South is $497,752 while the median value for Units is $364,457.
  • Houses have a median rent of $420 while Units have a median rent of $360.
There are currently 107 properties listed for sale, and 38 properties listed for rent in Melton south on OnTheHouse. According to CoreLogic's data, 355 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.