98 Station Rd, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 601m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Nestled on a 601m2 (approx.) allotment in a quiet location, an unparalleled family lifestyle awaits the next lucky occupant of this spacious home. No matter which way you look at it, this property screams opportunity for investors, first home buyers or developers looking for a multipurpose site with huge potential that could be renovated, redeveloped or subdivided (STCA).
Comprising of four great sized bedrooms all serviced by a central bathroom and separate toilet. Space to relax and entertain is all sorted with dual living zones including a formal lounge plus study at the rear of the property and an open plan meals living area that integrates well with indoor / outdoor living. Centrally located is an equipped kitchen with ample cupboard space overlooking the dining area.
Extras include; laundry with external access, ducted heating, double car garage, plus much more. Strategically positioned close to Melton train station, Woodgrove Shopping Centre, public transport, parks and schools this residency has it all.
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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