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Sold on 04 Dec 2023 for $385,000

2 Fernberg Place
Melton West VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 558m2
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Property Details for 2 Fernberg Pl, Melton West

2 Fernberg Pl, Melton West is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 558m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Melton West in the last 12 months.

Building Type
House
Land Size
558m2
Local Government
Melton
Lot/Plan
364/LP89453

Last Listing description (December 2023)

Positioned in Melton West on a great sized allotment of 558m2 (approximately.) this fantastic home represents a great opportunity for investors and home buyers alike. Neatly presented and spacious throughout the home comprises 3 bedrooms all with robes, central bathroom, great sized lounge with adjoining study, dining area, and kitchen with upright stove. Gas heating and evaporative cooling ensure year-round comfort while externally the property features a decent sized backyard and garden shed. Perfectly located and only a short drive to local schools, shops, medical and other amenities. Offering loads of potential opportunities like this are getting harder to find. Currently tenanted on a secure lease until March 2024 at $280 per week. Invest in your future today!

Property History for 2 Fernberg Pl, Melton West, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$385,000
04 Dec 2023
Listed for Rent
$375/w
31 Jul 2024
  • 31 Jul 2024
    Listed for Rent $375 / week
  • 14 Nov 2023
    Sold for $385,000
  • 17 Jul 2023
    Listed for Sale $419,000
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About 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.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Melton west on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Melton west.

Suburb Insights for Melton West 3337

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Contact agent
Cory Cassar
Show contact details
Barry Plant - Melton
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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.