OFF MARKET

5 Canopus Place
Melton West VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 765m2
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Property Details for 5 Canopus Pl, Melton West

5 Canopus Pl, Melton West is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 765m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1975
Floor Size
130m2
Land Size
765m2
Local Government
Melton
Lot/Plan
1214/LP118879

Last Listing description (December 2022)

An exciting opportunity has come up for investors, first home buyers or developers looking to purchase a home in a fantastic pocket of Melton that truly stands in a league of its own! strategically positioned in a quiet court and within close proximity to local Primary and High Schools, Wood grove Shopping Centre, public transport, parks plus much more. Situated on a huge allotment of 765m2(approximately) perfect for development (STCA - subject to council approval). Upon entering this home, you are greeted by a generous size bright living area, this flows through to the well-equipped kitchen with plenty of storage which overlooks the dining area drenched in natural light and a huge back yard, 3 generously sized bedrooms, all of which are serviced by a neat central bathroom. Moving outside, this property has plenty of space on offer with a pergola perfect for entertaining all year round. Other features include heating, air conditioning, large double lockup garage / work shop, side access perfect for cars/caravans/trucks and much more only an inspection can reveal. Currently leased out to great tenants on a month-to-month lease paying $1256 per month. Be quick as land this size won't last long.

Property History for 5 Canopus Pl, Melton West, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$455,000
11 Oct 2022
  • 11 Oct 2022
    Sold for $455,000
  • 29 Aug 2022
    Listed for Sale $430,000 - $460,000
  • 20 Feb 2017
    Sold for $328,200
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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 3,705 properties. Over the last 5 years, Houses in Melton West have seen a 27.78% increase in median value, while Units have seen a 14.43% increase. As at 31 July 2024:

  • The median value for Houses in Melton West is $561,595 while the median value for Units is $407,953.
  • Houses have a median rent of $400 while Units have a median rent of $375.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Melton west on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Melton west.

Suburb Insights for Melton West 3337

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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.