143-147 Barries RoadMelton West VIC 3337
Property Details for 143-147 Barries Rd, Melton West
Last Listing description (September 2023)
Savills has the exclusive pleasure to offer For Sale either separately, or in one line, two substantial adjoining land holdings with one having highly functional improvements.
- Site areas of 1.595ha* & 3.004ha* respectively
- Prime Commercial 1 zoning providing multiple development options and greater flexibilty
- Desirable linkages with direct access to the Melbourne CBD via the Western Freeway
- Opposite the leading Woodgrove Shopping Centre that has in excess of 7m visitors per annum (approx. as of 30 June 2023)
- Located within one of Australia's strongest growth corridors with population forecast to double by 2050 (Source: Forecast.id)
*Approx.
For Sale Separately or In One Line via Expressions of Interest closing 3PM (AEDT), Thursday, 12 October 2023.
Property History for 143-147 Barries Rd, Melton West, VIC 3337
- 08 Dec 2023Sold for $5,115,000
- 08 Nov 2023Sold for $5,500,000
- 11 Sep 2023Listed for Sale via EOI closing 3PM (AEDT), Thursday, 12 Oct 2023
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0About Melton West 3337
The size of Melton West is approximately 9.3 square kilometres. It has 22 parks covering nearly 14.7% of total area. The population of Melton West in 2011 was 14,171 people. By 2016 the population was 17,621 showing a population growth of 24.3% in the area during that time. The predominant age group in Melton West is 0-9 years. Households in Melton West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Melton West work in a trades occupation. In 2011, 75% of the homes in Melton West were owner-occupied compared with 71.6% in 2016.
Melton West has 3,703 properties. Over the last 5 years, Houses in Melton West have seen a 22.41% increase in median value, while Units have seen a 15.89% increase. As at 31 October 2024:
- The median value for Houses in Melton West is $550,443 while the median value for Units is $417,001.
- Houses have a median rent of $420 while Units have a median rent of $380.
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