5/20-24 Palmerston Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

5/20-24 Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 179m2
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Property Details for 5/20-24 Palmerston St, Melton

5/20-24 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 179m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2010
Floor Size
109m2
Land Size
179m2
Local Government
Melton
Lot/Plan
5/PS623281

Last Listing description (April 2025)

This very appealing well presented 2 bedroom townhouse situated close to the Melton CBD with its own street frontage and exclusive driveway is a must see for investors, first home buyers and downsizers looking for a low maintenance home in great location and superb condition. Downstairs features include: spacious Lounge room, good size meals area with sliding door access to back yard, modern kitchen with stainless steel appliances, ducted heating, split system air conditioner. downstairs toilet with wash basin and laundry. Upstairs features include: 2 generous bedrooms with built in robes, study nook, good size bathroom, 2nd toilet and linen press, ducted heating and more. Contact Professionals Ryder Real Estate Melton to arrange a private inspection of this gorgeous townhouse.

Property History for 5/20-24 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$390,000
14 Jan 2025
  • 14 Jan 2025
    Sold for $390,000
  • 28 Sep 2024
    Listed for Sale $390,000 to $420,000
  • 31 Jul 2021
    Sold for $355,000
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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 39.60% increase in median value, while Units have seen a 28.31% increase. As at 31 January 2026:

  • The median value for Houses in Melton is $549,388 while the median value for Units is $415,184.
  • Houses have a median rent of $410 while Units have a median rent of $390.
There are currently 48 properties listed for sale, and 27 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 282 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.