55 Oneills RoadMelton VIC 3337
Property Details for 55 Oneills Rd, Melton
55 Oneills Rd, Melton is a 9 bedroom, 9 bathroom Unit with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 9 bedroom Unit sold in Melton in the last 12 months.
Last Listing description (August 2025)
UNDER OFFER - 100% Leased to quality tenants
AUCTION HIGH-YIELD ROOMING HOUSE MUST BE SOLD Gross Rent: $150,710 p.a. Circa 10%
A rare opportunity to secure a cash-flow positive investment in the heart of Melbournes booming west.
Purpose-built and completed in 2022, this fully compliant Class 1B Rooming House is tenanted, income-producing, and tax-efficient offering both depreciation and land tax exemption benefits that enhance real returns.
Investment Highlights
9 individually leased rooms:
9 currently tenanted
100% Occupancy
Gross Income: $12,560 per month = $150,720 per year
Building Area: 282m
Land Size: 586m (approx.)
Fully furnished, each room with:
Ensuite
Kitchenette
Private courtyard
No Owners Corporation Full freehold control
Low outgoings
Potentially Land Tax Exempt
Depreciation Schedule Available
Prime Location
Minutes to Woodgrove Shopping Centre & Melton Train Station
Walk to schools, parks, and public transport
Easy access to the Western Freeway and Melbourne CBD
Ideal For
SMSFs
Yield-focused investors
Cash flow property buyers
Multiple-income property seekers
Long-term portfolio stabilisers
Included In Sale
Full furniture fit-out
Smart TVs
Full-size fridge & freezer
Microwave, kettle & toaster
Dont miss one of Melbournes strongest income-producing properties.
Inspect by as advertised or by appointment: Contact Scott Banks Today
Property History for 55 Oneills Rd, Melton, VIC 3337
- 19 Aug 2025Sold for $1,500,000
- 29 Jul 2025Listed for Sale $1,400,000 - $1,540,000
- 23 Mar 2021Sold for $360,000
Recent sales nearby
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0About 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 5,347 properties. Over the last 5 years, Houses in Melton have seen a 36.84% increase in median value, while Units have seen a 25.81% increase. As at 31 October 2025:
- The median value for Houses in Melton is $527,730 while the median value for Units is $399,931.
- Houses have a median rent of $410 while Units have a median rent of $395.
Suburb Insights for Melton 3337
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