1/2 Norton Drive, Melton, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Norton Drive
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 100m2
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Property Details for 1/2 Norton Dr, Melton

Building Type
Commercial
Land Size
100m2
Local Government
Melton
Lot/Plan
1/SP31528

Last Listing description (February 2022)

Ideally located warehouse with exceptional High Street exposure.
Direct roller door access and front door leading to showroom.
Mezzanine area with office, lunchroom and kitchenette area

Toilet with vanity basin and small storage area
Off street parking, 3 phase power and reverse cycle air conditioning/heating.

Building Area: 125 square metres including mezz.(approx.)
Lease Price: $1,850 per calendar month + GST (if applicable) + outgoings

Property History for 1/2 Norton Dr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$185,000
23 Aug 2017
Listed for Rent
$425/w
25 Feb 2022
  • 20 Dec 2021
    Listed for Rent $1,850 / month
  • 23 Aug 2019
    Listed for Rent - Price not available
  • 16 Nov 2017
    Listed for Rent $19,200 / year
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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 5,360 properties. Over the last 5 years, Houses in Melton have seen a 35.02% increase in median value, while Units have seen a 35.89% increase. As at 31 March 2026:

  • The median value for Houses in Melton is $557,486 while the median value for Units is $440,165.
  • Houses have a median rent of $410 while Units have a median rent of $393.
There are currently 45 properties listed for sale, and 34 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 272 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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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.