42 Penguin Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

42 Penguin Street
Melton VIC 3337

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 111m2
Land area: 585m2
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Property Details for 42 Penguin St, Melton

42 Penguin St, Melton is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 585m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
585m2
Local Government
Melton
Lot/Plan
332/LP56959

Last Listing description (November 2016)

Positioned in a perfect location, this fabulous home is ideal for first homebuyers, downsizers or investors. Hosting three generous size bedrooms, master and second bedroom with built in robes, spacious lounge room and a well laid out kitchen overlooking the meals area. Separate laundry with external access, great undercover outdoor entertaining area, two car carport and a single car garage. Other extras include wall A/C, gas heater, shed and beautiful landscaped gardens. All this on a 591(approx.) allotment. This great property is within a short walk to all amenities including local Schools, Public Transport, Woodgrove Shopping Centre, Melton Waves Leisure Centre and the central township of Melton. Be quick and organize your inspection today, as this home won't last long.

Property History for 42 Penguin St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$264,000
11 Jan 2016
Listed for Rent
$280/w
16 Nov 2014
  • 11 Jan 2016
    Sold for $264,000
  • 23 Nov 2015
    Listed for Sale $259,000 - $279,000
  • 21 Oct 2014
    Listed for Rent $280 / 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 5,350 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 42 properties listed for sale, and 30 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 285 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.