2/85-91 High Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
 
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2/85-91 High Street
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 209m2
Land area: 208m2
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Property Details for 2/85-91 High St, Melton

Building Type
Commercial
Floor Size
209m2
Land Size
208m2
Local Government
Melton
Lot/Plan
2/SP32932

Last Listing description (August 2022)

This property provides a great opportunity to add to your investment portfolio. Situated on busy High Street with exceptional exposure and a long standing tenant of over 20 years is currently Leased until the 4th of October 2022 plus an option. The current rent is $24,960 per annum with the tenant having a provisional some for the outgoings Plus GST (if applicable)
This solid brick factory features 2 x large mezzanine areas, reception area and separate office and amenities. Carparking is out the front with 4 spaces plus common ground and only 600 plus meters to Western Highway.
Floor Area" 208 m2

Zoning: "Industrial 1"
For Sale: Contact Agent

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Property History for 2/85-91 High St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$500,000
29 Jul 2022
  • 29 Jul 2022
    Sold for $500,000
  • 26 Jul 2022
    Listed for Sale Contact Agent
  • 06 Dec 2011
    Sold for $251,000
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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 5,350 properties. Over the last 5 years, Houses in Melton have seen a 40.11% increase in median value, while Units have seen a 26.80% increase. As at 31 December 2025:

  • The median value for Houses in Melton is $545,354 while the median value for Units is $409,113.
  • Houses have a median rent of $410 while Units have a median rent of $390.
There are currently 52 properties listed for sale, and 31 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 279 properties were sold in the past 12 months in Melton.

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