1/118 Palmerston Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
 
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1/118 Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 320m2
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Property Details for 1/118 Palmerston St, Melton

1/118 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 320m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1990
Floor Size
85m2
Land Size
320m2
Local Government
Melton
Lot/Plan
1/PS303963

Last Listing description (July 2021)

IMPORTANT - Any advertised open for inspections are the available private appointment times. All attendees must scan the QR Code provided at the property. Only registered attendees will be able to view the property, you MUST ensure you are registered to attend the private appointment. Inspections are permitted to a maximum of 10 people inside at any time, subject to the density quotient of 1 person per 4 sqm. All YPA Melton opens will be conducted in accordance with the current government requirements.
Thank you

This beautiful unit is situated in the heart of Melton just moments away from all amenities, including public transport, schools, shopping, parklands, walking tracks, and easy freeway access. Whether you're looking to move in or invest this property is a wonderful opportunity to start or add to your property portfolio.

Comprising of two good sized bedrooms with built in robes, stunning central bathroom and a large open living and meals area overlooked by a well equipped kitchen.

Moving outside to the large backyard there is plenty of space on offer, showcasing: secure fencing, undercover entertaining area, low maintenance gardens and a large garden shed.

Special features of this home include: split system, gas heating, security doors, electric roller shutters, single car garage and much more.

This property and opportunity are not going to last long, so call today to organise an inspection!

(Photo ID is Required at all Open For Inspections)

At YPA Melton "Our Service Will Move You"

DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/ agent and agency.

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Property History for 1/118 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$367,500
23 Jun 2021
Listed for Rent
$160/w
05 Jun 2009
  • 23 Jun 2021
    Sold for $367,500
  • 16 Jun 2021
    Listed for Sale UNDER CONTRACT TEAM YPA
  • 12 Jun 2012
    Sold for $230,000
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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of 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 5,347 properties. Over the last 5 years, Houses in Melton have seen a 38.36% increase in median value, while Units have seen a 36.13% increase. As at 30 November 2025:

  • The median value for Houses in Melton is $534,731 while the median value for Units is $398,696.
  • Houses have a median rent of $410 while Units have a median rent of $395.
There are currently 45 properties listed for sale, and 27 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 291 properties were sold in the past 12 months in Melton.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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