14 Richard RoadMelton South VIC 3338
Property Details for 14 Richard Rd, Melton South
14 Richard Rd, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 585m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Melton South in the last 12 months.
Last Listing description (August 2026)
14 Richard Road, Melton South VIC is a fantastic opportunity positioned on a generous block in a highly convenient and fast-growing location. Offering 3 bedrooms, 1 bathroom, and accommodation for up to 3 cars, this property is well suited to investors, developers, or buyers looking for strong future potential.Set on a large allotment with subdivision potential (STCA), the property presents excellent long-term upside. It is already leased to tenants, providing immediate rental income from settlement, making it an attractive, low-maintenance investment option in an established rental market.The home features a practical layout including a functional kitchen, separate laundry, and a comfortable living area that flows out to an alfresco space, ideal for outdoor entertaining. The spacious backyard further enhances the appeal, offering plenty of room for families, pets, or future development possibilities.Positioned in a prime location, the property is within close proximity to Melton South Train Station, local schools, freeway access, and a full range of shops and amenities. With strong demand in the area and excellent connectivity, this property combines immediate returns with outstanding future growth potential.For further information or to arrange an inspection, please contact:Ajay Sharma 0469 709 826Eland Real EstateDisclaimer:All information provided has been prepared with care; however, no guarantee is given as to its accuracy. Interested parties should make their own enquiries and rely on their own investigations. Images may include digitally enhanced elements for presentation purposes.
Property History for 14 Richard Rd, Melton South, VIC 3338
- 13 Aug 2026Sold for $505,000
- 15 May 2026Listed for Sale $499,00-$548,000/Rented@420/week
- 03 Jul 2025Listed for Sale Sold off Market by Team Sandy!
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About Melton South 3338
The size of Melton South is approximately 5.4 square kilometres. There are 23 parks, covering nearly 11.3% of the 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 7,739 properties. Over the last 5 years, Houses in Melton South have seen a 28.13% increase in median value, while Units have seen a 31.05% increase. As at 31 July 2026:
- The median value for Houses in Melton South is $585,897 while the median value for Units is $433,146.
- Houses have a median rent of $430 while Units have a median rent of $380.
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