SOLD
Sold on 27 May 2024 for $260,000

8 Meldrum Drive
Sale VIC 3850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 725m2
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Property Details for 8 Meldrum Dr, Sale

Building Type
Land
Land Size
725m2
Local Government
Wellington
Lot/Plan
146/PS847933

Last Listing description (June 2024)

An ideal building allotment on a corner block offering many options for your future home. Perfect for putting the workshop in the backyard and for securing the boat or van off the street. The block totals 725m2 with a flat surface and the bonus of some fencing already established. Quality homes have already been built assuring you of a high standard neighborhood.

Property History for 8 Meldrum Dr, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$260,000
27 May 2024
  • 27 May 2024
    Sold for $260,000
  • 25 Mar 2024
    Listed for Sale $270,000
  • 08 Jun 2022
    Sold for $191,000

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About Sale 3850

The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.

Sale has 8,758 properties. Over the last 5 years, Houses in Sale have seen a 47.96% increase in median value, while Units have seen a 56.68% increase. As at 31 October 2024:

  • The median value for Houses in Sale is $470,209 while the median value for Units is $326,571.
  • Houses have a median rent of $470 while Units have a median rent of $363.
There are currently 153 properties listed for sale, and 33 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Sale.

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John Elliman Real Estate
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