277 High StreetMelton VIC 3337
Property Details for 277 High St, Melton
Last Listing description (September 2011)
THIS BUSINESS HAS IT ALL SEWN UP!
Established 34 years and profitable since day one, this standout performer is located in a prominent position in the High Street, in the heart of Melton's central shopping precinct. The spacious showroom showcases a huge variety of sewing machines and sewing furniture, craft and pattern books, fine fabrics, haberdashery, sewing accessories, plus an extensive range of patchwork/quilting equipment and supplies. Lucrative additional revenue streams from the ever-popular sewing and patchwork/quilting classes held in the shop's own workshop/classroom; compliment the retail focus of the business. The centre also provides training, repairs and servicing for all the machines they sell. The myriad facets of this business are too extensive to list here, so please call our office for more detailed information on this exciting business opportunity. (Stock at Value abbreviated to +SAV)
Property History for 277 High St, Melton, VIC 3337
- 14 Mar 2011Listed for Sale $145,000 + SAV INCL GST
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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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