17/41-45 Gretel Grove, Melton, VIC 3337 sold on 07 September 2025 | OnTheHouse
SOLD
Sold on 07 Sep 2025 for $395,000

17/41-45 Gretel Grove
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 17/41-45 Gretel Gr, Melton

17/41-45 Gretel Gr, Melton is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Unit sold in Melton in the last 12 months.

Building Type
Unit
Year Built
2010
Local Government
Melton
Lot/Plan
17/PS616191

Last Listing description (September 2025)

LOOKING TO SELL QUICK - Great Positive Investment with Easy Maintenance

Looking for a stress-free, high-yield investment with minimal expenses and great tax benefits? This well-maintained property is a set-and-forget opportunity with a reliable, long-term tenant and low ongoing costs.

Investment Highlights:
Strong rental return Currently leased at $365 per week

Ultra low maintenance Only expenses in the last three years: air conditioning servicing and new smoke alarms

Reliable tenant Occupied for over three years, never missed a payment, and takes care of the property

No property management needed The tenant is self-sufficient, making this a truly passive investment

Major tax benefits Tax depreciation report already prepared and ready to be transferred to the new owner

Affordable outgoings Strata fees approximately $2,300 per annum

Property History for 17/41-45 Gretel Gr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$395,000
07 Sep 2025
  • 31 Jul 2025
    Listed for Sale $410,000
  • 30 Mar 2025
    Listed for Sale $410,000
  • 15 Sep 2023
    Listed for Rent $350 per week
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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 44 properties listed for sale, and 27 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 289 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.