OFF MARKET

5/553-555 Melton Highway
Sydenham VIC 3037

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 285m2
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Property Details for 5/553-555 Melton Hwy, Sydenham

5/553-555 Melton Hwy, Sydenham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 285m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
2003
Floor Size
118m2
Land Size
285m2
Local Government
Brimbank
Lot/Plan
5/PS502317

Last Listing description (March 2013)

Stylish townhouse Ideal Investment or First Home
Nestled in an exclusive resort style gated complex, a perfect place for astute investor or first home buyer. overlooking the sparkling communal pool, gym, recreation room and BBQ's. This inviting townhouse offers 3 generous bedrooms all with built in robes, master has full ensuite. Large main bathroom. A well appointed kitchen with SS appliances and dishwasher. Spaciously designed open plan living & dining with patio doors opening onto private garden. Large laundry with dryer and powder room. Remote controlled double garage. Features: ducted heating throughout, split system air con. ceiling fans, intercom system and CCTV. All within walking distance to Watergardens Shopping Centre, Sydenham Station, restaurants and good Schools. Investors these properties rents for $1474pm. Inspection by appointment, ring Judy 0412 449 689

Property History for 5/553-555 Melton Hwy, Sydenham, VIC 3037

A timeline of how this property has performed in the market
Last Sold
$308,000
02 Feb 2013
  • 11 Feb 2013
    Listed for Sale Not Disclosed
  • 02 Feb 2013
    Sold for $308,000
  • 26 Aug 2002
    Sold for $247,500
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About Sydenham 3037

The size of Sydenham is approximately 3.6 square kilometres. It has 23 parks covering nearly 8.4% of total area. The population of Sydenham in 2011 was 10,323 people. By 2016 the population was 10,829 showing a population growth of 4.9% in the area during that time. The predominant age group in Sydenham is 20-29 years. Households in Sydenham are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sydenham work in a clerical occupation. In 2011, 68.4% of the homes in Sydenham were owner-occupied compared with 64.8% in 2016.

Sydenham has 4,360 properties. Over the last 5 years, Houses in Sydenham have seen a 17.16% increase in median value, while Units have seen a 24.03% increase. As at 31 October 2024:

  • The median value for Houses in Sydenham is $715,577 while the median value for Units is $498,652.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Sydenham on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Sydenham.

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