14 - 16 Toolern Street, Melton South, VIC 3338 | House for sale | OnTheHouse
FOR SALE
CONTACT GORDONN ON 0433 897 397 !!

14 - 16 Toolern Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
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Large landholding with two titles!!!

Unmissable opportunity in Melbourne's fastest-growing corridor - secure a permit-ready development site with massive future upside.
Situated in the explosive growth region of Melton / Melton South, this 3,858 m² dual-title landholding offers investors a rare chance to lock in long-term capital gains driven by surging population growth and sustained demand. The area is part of one of Victoria's most dynamic growth corridors - with forecast population increases and infrastructure investment positioning it for strong lift in values. vpropertyconsulting.com.au+1
Why this site stands out:
• Permit-Ready Certainty: Council-approved for 24 townhouses, giving you a fast, de-risked path from acquisition to development and sale.
• Prime location with appeal: Walking distance to the train station, close to shopping precincts, schools, commercial hubs and freeway access - ensuring high demand from tenants and buyers alike.
• Strategic growth upside: As demand surges across the growth corridor, this site offers a chance to benefit from both capital growth and rental demand, setting the stage for strong medium- to long-term returns.
Investor Highlights:
• Dual-title site - secure a larger landholding with flexibility.
• Permit in hand - eliminates planning risk and accelerates time to market.
• Growth corridor dynamics - positioned where population and infrastructure growth are driving strong property demand.
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Property Details for 14 - 16 Toolern St, Melton South

14 - 16 Toolern St, Melton South is a 3 bedroom, 1 bathroom House with 5 parking spaces. The place is currently for sale with Universal Real Estate Vic Craigieburn.

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About Melton South 3338

The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2016 was 11517 people. By 2021 the population was 11362 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton South is 0-9 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a machinery operators and drivers occupation.In 2021, 61.00% of the homes in Melton South were owner-occupied compared with 63.70% in 2016.

Melton South has 7,747 properties. Over the last 5 years, Houses in Melton South have seen a 36.51% increase in median value, while Units have seen a 25.01% increase. As at 31 October 2025:

  • The median value for Houses in Melton South is $564,778 while the median value for Units is $407,660.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 80 properties listed for sale, and 57 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 470 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Gordonn Garg
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Satnam Pabla
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Universal Real Estate Vic Craigieburn
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.