58 Henry Street, Melton, VIC 3337 | House for sale | OnTheHouse
 
FOR SALE
$699,000 - $749,000

58 Henry Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 1012m2
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Residential Growth Zone (1,012m²) Develop Tomorrow. Enjoy Today!

Positioned on a substantial 1,012m² (approx.) allotment within Residential Growth Zone Schedule 1 (RGZ1), this is an outstanding opportunity to secure one of Melton's increasingly scarce large development sites in an established and highly connected location.
Specifically designed to encourage increased housing density and future growth, Residential Growth Zone Schedule 1 provides exceptional flexibility for developers, builders and investors seeking their next project. Subject to Council Approval (STCA), buyers may wish to explore opportunities including multi-dwelling developments, townhouses, apartments, residential subdivision, childcare facilities, medical or consulting rooms, community facilities, places of worship and other compatible land uses permitted within the zoning.
Adding further appeal is the property's outstanding dimensions, offering an impressive 20-metre frontage, 50.5-metre depth and a perfectly flat, rectangular allotment that provides an ideal foundation for future redevelopment.
Whilst the future potential is undeniable, the existing residence presents an outstanding opportunity in its own right.
Lovingly maintained by its long-term owners, the home offers three generous bedrooms, including a beautifully renovated ensuite to the master, while the stylish central bathroom has also been tastefully updated. Two separate living zones provide flexibility for families, with a spacious front lounge complemented by an open plan kitchen, dining and second living area that flows seamlessly to the expansive 6.0m x 6.4m undercover entertaining area.
The timber kitchen has been updated with modern appliances and offers excellent storage and bench space, while the practical floorplan creates an ideal home to occupy, lease or hold whilst future development plans are considered.
Outside, the infrastructure is equally impressive.
A single garage with 4.6mx2.5m workshop under the main roof provides drive-through rear access, while double side gates open to the expansive backyard featuring a powered 9m x 6m freestanding shed, and additional single carport. Whether you're seeking storage for machinery, caravans, trailers, work vehicles or require substantial workshop space, the property is exceptionally well equipped.
Located only moments from Melton Primary Schools, Woodgrove Shopping Centre, Public Transport, Medical Facilities, Melton Central Business District, Melton Train Station and major arterial road connections, this is exactly the type of location identified for continued residential growth and redevelopment.
Opportunities to secure Residential Growth Zone Schedule 1 land of this size, shape and location are becoming increasingly difficult to find.
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Property Details for 58 Henry St, Melton

58 Henry St, Melton is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1012m2. The place is currently for sale with First National Melton.

Building Type
House
Land Size
1012m2
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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Melton in 2016 was 8069 people. By 2021 the population was 7953 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton is 30-39 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a machinery operators and drivers occupation.In 2021, 62.10% of the homes in Melton were owner-occupied compared with 63.20% in 2016.

Melton has 5,389 properties. Over the last 5 years, Houses in Melton have seen a 28.42% increase in median value, while Units have seen a 36.81% increase. As at 30 June 2026:

  • The median value for Houses in Melton is $556,383 while the median value for Units is $447,690.
  • Houses have a median rent of $410 while Units have a median rent of $395.
There are currently 55 properties listed for sale, and 32 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 240 properties were sold in the past 12 months in Melton.

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Jade Carberry
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Justin Carberry
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First National Melton
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