5 David Street, Melton South, VIC 3338

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Sold

Sold for $365,000 (May 22, 2019)

Prime Position, Perfect Potential!

Set on a whopping 721m2 block approx, this quaint home is here to give you an opportunity to acquire a substantial parcel of land at an affordable price.

The light filled residence comprises three bedrooms, front living room, central bathroom, spacious kitchen and dining area, polished floor boards throughout and a host more.

This would make for a great first home owner however with the potential to retain the existing home and build and additional unit (STCA) this is also the perfect chance for builders/ developers or investors to start a new project in one of the best streets in Melton South.

Situated within walking distance to all Melton South has to offer including the train station and schools, also within very close proximity to freeway entrances and Woodgrove Shopping Centre, this home is one you just must consider!

We Know Your Area
R&H Suburb Profile: Melton South

R&H Suburb Summary Houses
Number of sales 164
Average Price $406,010
Median Price $395,000
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 21 %
R&H Suburb Summary Units
Number of sales 36
Average Price $306,795
Median Price $306,000
Median Rental Price $290 p.w.
Change in Rental Rate (5yr) 16 %
Melton South, VIC - Median Trend
395000.0