59 Palmerston Street, Melton, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

59 Palmerston Street
Melton VIC 3337

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 114m2
Land area: 809m2
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Property Details for 59 Palmerston St, Melton

59 Palmerston St, Melton is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 809m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Floor Size
114m2
Land Size
809m2
Local Government
Melton
Lot/Plan
2/LP58090

Last Listing description (February 2024)

A unique opportunity awaits a growing family, savvy investor, or visionary developer in the heart of Melton's central locale. This property is a canvas of possibilities embrace the enduring charm of the meticulously maintained four-bedroom home or explore the potential for a fresh construction project (subject to council approval).

Set on an expansive 806m2 allotment, this impressive residence boasts lofty ceilings, a generously sized open kitchen, and multiple spacious living areas. Enjoy year-round comfort with features such as cooling and heating, complemented by a beautifully landscaped garden at the entrance.

Step into the outdoors, where a host of features enhances your alfresco living experience. The sizable backyard is perfect for entertaining, and there's a convenient double car garage/workshop shed.

This rare find enjoys a strategic location within walking distance to Woodgrove Shopping Centre, public transportation options (including Melton Train Station), and is conveniently close to schools with easy freeway access.

Don't miss out on this exceptional opportunity a rare gem in the highly sought-after central Melton area.

Property History for 59 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$645,000
17 Feb 2024
  • 17 Feb 2024
    Sold for $645,000
  • 22 Jan 2024
    Listed for Sale $590,000 - $649,000
  • 31 Oct 2015
    Transferred
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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 5,347 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 52 properties listed for sale, and 32 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 279 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.