12/16-18 Mckenzie StreetMelton VIC 3337
Property Details for 12/16-18 Mckenzie St, Melton
12/16-18 Mckenzie St, Melton is a 1 bedroom, 1 bathroom Unit and was built in 1992. The property has a land size of 17m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (November 2007)
7.4 % RETURN (APPROX) WITH LONG - TERM RENTAL GUARANTEE
RARE OPPORTUNITY TO INVEST IN AGED CARE. THIS BEDSIT APARTMENT IN THE HEART OF MELTON OFFERS THE FOLLOWING: *$5,167.90 RENTAL PER ANNUM *10 YEAR GUARANTEED LEASE (7 YEARS REMAINING) WITH A FURTHER 2 X 10 YEAR OPTIONS *NO OUTGOINGS-ALL PAID BY TENANT *TOP QUALITY TENANT *CPI INCREASES AT $70,000 THIS IS AN OPPORTUNITY TOO GOOD TO MISS! CALL 9841 8000 ENTER PIN 1040 FOR DETAILS INSPECT: BY APPOINTMENT CONTACT: KIRSTIN SADLER 0408 119 123 MELWAYS REF: 337 A9 BED: 1 BATH: 1(ENSUITE) CAR: N/A ASL PROPERTY GROUP AND/OR THEIR AGENTS, FOR THEMSELVES AND FOR THE VENDOR OF THIS PROPERTY FOR WHOM THEY ACT GIVE NOTICE THAT (I) ALL INFORMATION GIVEN IN RELATION TO THIS PROPERTY, WHETHER CONTAINED IN THIS DOCUMENT OR GIVEN ORALLY, IS GIVEN WITHOUT RESPONSIBILITY, (II) INTENDING PURCHASERS SHOULD SATISFY THEMSELVES AS TO THE ACCURACY OR TRUTH OF ALL INFORMATION GIVEN BY THEIR OWN INSPECTIONS, SEARCHES, INQUIRIES, ADVICES OR AS IS OTHERWISE NECESSARY. (III) NO PERSON IN THE EMPLOYMENT OF ASL PROPERTY GROUP HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY.
Property History for 12/16-18 Mckenzie St, Melton, VIC 3337
- 24 May 2017Sold for $90,833
- 12 Jan 2016Listed for Sale Not Disclosed
- 12 Apr 2012Sold for $65,000
Recent sales nearby
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About Melton 3337
The size of Melton is approximately 20.3 square kilometres. There are 23 parks, covering nearly 11.7% of the 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 5,328 properties. Over the last 5 years, Houses in Melton have seen a 33.47% increase in median value, while Units have seen a 39.81% increase. As at 30 April 2026:
- The median value for Houses in Melton is $559,159 while the median value for Units is $443,473.
- Houses have a median rent of $410 while Units have a median rent of $390.
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