8 Mcdonald StreetMelton South VIC 3338
Property Details for 8 Mcdonald St, Melton South
8 Mcdonald St, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 576m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Melton South in the last 12 months.
Last Listing description (September 2023)
Explore This Investment Opportunity: 8 McDonald Street, Melton South. Discover the potential of this charming three-bedroom, one-bathroom residence nestled on 576 m² (approx) of prime corner-block land. With a central kitchen and double car garage, this property offers both convenience and space for your lifestyle needs. Location-wise, it doesn't get much better. Situated opposite a serene reserve, you'll enjoy tranquillity while being within walking distance of Melton train station, Coles Shopping Centre and the scenic Toolan Creek parklands with their inviting walking tracks. What truly sets this property apart is its investment value. Currently leased to fantastic tenants who appreciate the convenience of the location, you'll benefit from a steady stream of rental income at $320 per week. The lease is secured until November 2023, offering you peace of mind. While the house might be rough around the edges, it presents an exciting opportunity to add your personal touch and turn it into a home that suits your style. Whether you're an astute investor looking for a property with potential or a family seeking a cozy abode, 8 McDonald Street offers the foundation for your vision. Act quickly to secure this gem and unlock its hidden value. With its exceptional location, steady rental income, and scope for improvement, this property won't be available for long. Contact us today to arrange a viewing and seize the possibilities that await
Property History for 8 Mcdonald St, Melton South, VIC 3338
- 05 Sep 2023Sold for $438,000
- 29 Aug 2023Listed for Sale $439,000
- 28 Sep 2022Listed for Rent $320 / week
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0About 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 7,613 properties.
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