2/57 Palmerston Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

2/57 Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 188m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 2/57 Palmerston St, Melton

2/57 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 188m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Floor Size
125m2
Land Size
188m2
Local Government
Melton
Lot/Plan
2/PS803473

Last Listing description (November 2022)

Nitin Miglani & 361 Degrees Real Estate proudly presents this gorgeous near New 2 bedroom unit nestled right in the heart of Melton and is only a short stroll from everything! With High Street, cafes, restaurants, doctors, library, post office, IGA supermarket, bus station and so much more all within easy reach, you couldn't get any more central.

The home itself flows impressively with its open plan kitchen appointed with stainless steel appliances and dishwasher that overlooks a functional meals and living area. It has 2 good sized bedrooms with mirrored built-in robes, a main bathroom with separate toilet, European laundry, solar boosted hot water, split system air conditioner/ heater, security doors, flyscreens and Holland blinds throughout.

Externally the home offers a single remote control garage, an established front garden and rear under cover private space. With absolutely nothing left to do but move in and enjoy, this home will bring much comfort and convenience.

Expected rental returns of $17,120 pa make the decision to purchase as safe one.

Perfect for an investor, first home buyer or downsizer.

Please contact on 0432 515 701 for further information or to arrange an inspection.

Photo ID is a must for all inspections.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Landscaping shown in pictures is for illustration purposes only.

Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/57 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$420,000
20 Oct 2022
  • 20 Oct 2022
    Sold for $420,000
  • 19 Sep 2022
    Listed for Sale Under Contract by Nitin Miglani
  • 04 Oct 2017
    Sold for $345,000
Sign in to see more transactions
Commute Calculator

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 41 properties listed for sale, and 29 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 291 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

Market Insights
Melton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.