18 Mcdonald Street, Melton South, VIC 3338 | House for sale | OnTheHouse
 
FOR SALE
$600,000

18 Mcdonald Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 175m2
Land area: 587m2
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Great Location in RGZ1 on Approx. 583m² - Prime Investment in the Heart of Melton South

Positioned in one of Melton South's fastest-growing and most strategically located pockets, this outstanding property presents an exceptional opportunity for investors, land bankers, and future developers looking to secure a foothold within the thriving western growth corridor.
Set on a substantial allotment of approximately 583m² within the sought-after Residential Growth Zone Schedule 1 (RGZ1), this property offers immediate rental return combined with exciting long-term potential (STCA).
Conveniently located within walking distance to Melton South Train Station, local shopping precincts, primary and secondary schools, parklands, and everyday amenities, the location continues to attract strong tenant demand and ongoing infrastructure-driven growth.
The home itself offers a practical and functional floorplan comprising:
Three generously sized bedrooms, all fitted with built-in robes
Central family bathroom
Spacious formal lounge area
Open-plan kitchen with ample bench space and storage
Adjoining meals and family area
Adding further appeal, the kitchen has been freshly renovated shortly before the current tenancy commenced, giving investors confidence in one of the home's most important value-add components while enhancing tenant appeal.
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Property Details for 18 Mcdonald St, Melton South

18 Mcdonald St, Melton South is a 3 bedroom, 1 bathroom House. The property has a land size of 587m2 and floor size of 175m2. The place is currently for sale with Ray White - Melton.

Building Type
House
Floor Size
175m2
Land Size
587m2
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About Melton South 3338

The size of Melton South is approximately 5.4 square kilometres. There are 23 parks, covering nearly 11.3% of the 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 7,784 properties. Over the last 5 years, Houses in Melton South have seen a 28.13% increase in median value, while Units have seen a 31.05% increase. As at 31 July 2026:

  • The median value for Houses in Melton South is $585,897 while the median value for Units is $433,146.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 64 properties listed for sale, and 52 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 393 properties were sold in the past 12 months in Melton south.

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Joe Mavrikos
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Chris Williams
Ray White - Melton
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