1 Fraser Street, Melton South, VIC 3338 sold on 25 March 2026 | OnTheHouse
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Sold on 25 Mar 2026 - Price Unavailable

1 Fraser Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 640m2
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Property Details for 1 Fraser St, Melton South

1 Fraser St, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 640m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Melton South in the last 12 months.

Building Type
House
Land Size
640m2

Last Listing description (March 2026)

In-Room Auction
Wednesday 25th March @ 6pm
Melton Entertainment Park

2 Ferris Road, Melton

Set on an impressive 649m² (approx.) allotment in a tightly held and well-connected pocket of Melton South, 1 Fraser Street presents a compelling opportunity for investors, renovators, builders and buyers seeking genuine long-term upside.

The existing home offers a traditional footprint comprising three generously proportioned bedrooms, a large lounge room, meals area, central bathroom, extra small in-wall toilet, and a spacious kitchen zone, providing flexibility for those considering a substantial renovation or reconfiguration. A separate laundry with external access, side access and a large garage further enhance the practicality of the site.

A standout feature of the property is the expansive backyard, complemented by a separate detached bungalow. This additional structure presents an exciting opportunity for buyers to explore renovation or conversion options, including the potential to create a self-contained one-bedroom, one-living space or granny flat (STCA) - an attractive proposition for extended families, dual-occupancy living or investors seeking future versatility.

One of the key advantages is the abundance of space on offer, ideal for buyers needing room for trailers, boats, jet skis or multiple vehicles - a lifestyle benefit that is becoming increasingly rare in newer developments.

The real value, however, lies in the land and positioning. With generous dimensions and a functional allotment layout, the property presents strong scope for future redevelopment or subdivision potential (STCA), making it a strategic acquisition for those looking to add value over time.

The location further strengthens the offering. Situated in an established residential area and within easy reach of transport, schooling, shopping and medical services, this address is underpinned by strong infrastructure and ongoing local demand.

With excellent connectivity to the Melton township and surrounding amenities, 1 Fraser Street offers space, flexibility and future opportunity in a location that continues to perform.

Nearby Points of Interest (Approximate Distances):
• Melton South Train Station - approx. 450m
• Woodgrove Shopping Centre - approx. 1.8km
• Melton South Primary School - approx. 650m
• Melton Secondary College - approx. 1.1k
• Melton Hospital - approx. 2.4km

• 1 Fraser St Melton South is going to auction on the 25th of March at 6pm. If you're interested in this property, you must register to participate. The auction will be held at the Melton Racecourse Events Centre both in-room and online. Address: 2 Ferris Rd, Melton VIC 3337

• To register, please copy and paste this url into a browser: https://portal.bidtracker.com.au/auctions/ba440c48-2c3e-4065-845d-8451ff7c72bb/register-bidder/

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Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence

Please refer to the link below for Ray White's Collection Notice:
https://bit.ly/RW_PrivacyNotice

DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Property History for 1 Fraser St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
25 Mar 2026
Listed for Rent
$300/w
10 Dec 2018
  • 25 Mar 2026
    Sold for $550,000
  • 16 Feb 2026
    Listed for Sale SOLD AT AUCTION
  • 12 Nov 2018
    Listed for Rent - Price not available
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About Melton South 3338

The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2016 was 11517 people. By 2021 the population was 11362 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton South is 0-9 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a machinery operators and drivers occupation.In 2021, 61.00% of the homes in Melton South were owner-occupied compared with 63.70% in 2016.

Melton South has 7,748 properties. Over the last 5 years, Houses in Melton South have seen a 35.28% increase in median value, while Units have seen a 28.05% increase. As at 31 March 2026:

  • The median value for Houses in Melton South is $588,243 while the median value for Units is $420,529.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 84 properties listed for sale, and 40 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 457 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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Contact agent
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Dimitrios Kallitsis
Show contact details
Ray White - Melton
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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.