8/62 Andrew Street, Melton South, VIC 3338 | Unit for sale | OnTheHouse
FOR SALE

8/62 Andrew Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 130m2
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Great Investment Opportunity

Are you looking for your first or next investment property? Look no further as this 3 bedroom townhouse comes with a tenant already in place! Boasting a yield above 4% in a tough rental market, you don't want to pass up on this.
This charming and well-appointed unit offers a perfect blend of comfort and convenience. This delightful property features three spacious bedrooms, making it ideal for families, first-time buyers, or investors.
Step inside to discover a beautifully designed interior that showcases stylish features and an inviting atmosphere. The well-equipped kitchen is perfect for culinary enthusiasts, providing ample space for meal preparation and entertaining guests.
Located in central Melton a short drive from Woodgrove Shopping Centre, Melton Train Station, Schools and many more amenities it is greatly convenient for all your needs.
Don't miss your chance to make this charming townhouse your own!

Property Details for 8/62 Andrew St, Melton South

8/62 Andrew St, Melton South is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 130m2. The place is currently for sale with Raine & Horne Melton.

Building Type
Unit
Land Size
130m2
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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 7,779 properties. Over the last 5 years, Houses in Melton South have seen a 25.78% increase in median value, while Units have seen a 27.11% increase. As at 31 August 2026:

  • The median value for Houses in Melton South is $579,752 while the median value for Units is $432,234.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 60 properties listed for sale, and 56 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 374 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Contact agent
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Jake Krstin
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Kieran Carson
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Raine & Horne Melton
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Cotality Copyright and Legal Disclaimers about Property Data
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.