2 High StreetMelton VIC 3337
Property Details for 2 High St, Melton
Last Listing description (June 2024)
LAWD is pleased to present for sale 2 High Street in Melton, a rare opportunity to acquire a substantial 33.95ha* future residential development site located within the Melton East PSP.
Representing the opportunity to acquire one of the largest remaining sites within the western growth corridor, the site is highly efficient from a future development perspective and will eventually deliver in excess of 700 residential dwellings (STCA) following PSP approval.
Key Property Features:
+ Situated on the fast track within the recently published Victorian Housing Statement
+ Irreplaceable scale of 33.95ha*
+ Net Developable Area: 30.97ha*
+ Convenient access to established & emerging amenity within Melton
+ Earmarked for residential/mixed uses within the draft Melton East PSP
+ Potential to deliver in excess of 700 residential dwellings (STCA)
+ Positioned within the rapidly expanding western growth corridor
+ High-profile road frontage of over 450 metres onto High Street and the Western Freeway
+ Located within an established residential catchment underpinned by ongoing residential development by some of Australia's largest residential developers including Mirvac, Goldfields, Oliver Hume, Resi Ventures and Wel Co
+ One of the last remaining sites of this nature in Victoria
The property is For Sale by Expression of Interest closing 3pm Thursday 23 May 2024.
Please contact a member of the LAWD Development Team to discuss this opportunity or to receive an Information Memorandum (IM).
Paul Callanan - 0478 652 468
Darcy Tobin - 0433 644 166
Peter Sagar - 0414 843 854
*Approx
Property History for 2 High St, Melton, VIC 3337
- 17 May 2024Listed for Sale Contact Agent
- 05 Jul 2021Listed for Sale Price On Application
- 29 Apr 2021Sold for $27,940,000
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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.
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