11 Vista Drive, Melton, VIC 3337

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Sold

Sold for $403,000 (May 18, 2018)

Potential Plus (STCA)

Ideally positioned in the Residential Growth Zone (central Melton). Located inbetween Woodgrove shopping centre and the newly updated High Street shopping precinct, close to all level schools and public transport with easy access to the Freeway, all on a block of 616m2, makes this a superb investment or development opportunity (STCA) for an astute investor, builder or developer.

The property also consists of 3 bedrooms, with a formal L-shape lounge/dining with heating and cooling, original timber floors, kitchen overlooking 2nd living area with direct access to the back yard which includes a double steel garage. Currently returning $1130 pcm.

We Know Your Area
R&H Suburb Profile: Melton

R&H Suburb Summary Houses
Number of sales 136
Average Price $392,771
Median Price $385,000
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 23 %
R&H Suburb Summary Units
Number of sales 50
Average Price $309,824
Median Price $311,500
Median Rental Price $290 p.w.
Change in Rental Rate (5yr) 12 %
Melton, VIC - Median Trend