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.
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.
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:
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