468 High Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
 
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468 High Street
Melton VIC 3337

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Property Details for 468 High St, Melton

Building Type
Commercial
Local Government
Melton
Lot/Plan
87/LP56005

Last Listing description (January 2025)

This Is Great Opportunity Invest Now For The Future.

**For Sale 468 High Street, Melton**

Prime Position in High Foot Traffic Area RGZ(1) Zone

- **Location**: Situated on the bustling High Street, just metres from Woodgrove Shopping Centre and High Street Central Shopping. This location ensures high visibility and accessibility to potential clients.

- **Current Use**: Currently leased to a service business generating $26,000 annually, making it a lucrative investment opportunity due to end December 2024.

- **Suitability**: Ideal for a small business owner looking to establish a presence in a high-profile area. The space is versatile and can cater to a variety of service-based enterprises.

- **Investment Potential**: With a stable lease obtainable and the possibility for long term tenancy, this property presents a fantastic opportunity for future growth and investment.

This versatile residential/commercial use property, ideally situated in the Residential Growth Zone (RGZ1), featuring a 25year long-term business in place due to vacate December 2024 gives the owner occupier who wants to work from home the perfect setup.

This property is perfect for a business seeking a strategic and convenient location or an investor looking for a valuable asset with versatile use potential. Don't miss out on this incredible commercial opportunity at 468 High Street, Melton. Contact Ross Cooper 0409325411

Property Code: 1982

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Property History for 468 High St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$510,000
26 Nov 2024
  • 25 Feb 2025
    Sold - Price Undisclosed
  • 12 Sep 2024
    Listed for Sale Contact Ross 0409325411
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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 51 properties listed for sale, and 28 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Melton.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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