3 Fraser Street, Melton South, VIC 3338 | Property Value & History | OnTheHouse
OFF MARKET

3 Fraser Street
Melton South VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 650m2
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Property Details for 3 Fraser St, Melton South

Building Type
Land
Year Built
1970
Floor Size
120m2
Land Size
650m2
Local Government
Melton
Lot/Plan
3/LP84074

Last Listing description (December 2022)

Positioned within a peaceful family neighbourhood just a short stroll from leafy Toolem Creek walking trail, Fraser Street Reserve, buses and Melton South shopping, this expansive 661sqm level block boasts a wide 20m street frontage and an ideal sun-drenched north facing rear orientation, presenting an exceptional opportunity for those looking to redevelop, build a brand-new dream family home, or to invest in a premium site for future opportunities (STCA).

Set within easy walking distance of Melton Station and Blackwood Drive Recreation Reserve, the site is also just moments from the idyllic Melton Botanic Garden, Ryans Creek and Melton Valley Golf Club, and is close to Melton South Primary School, Al Iman College, Melton Christian College, Coburn Primary School and Staughton College. With a blank slate offering a superb prospect for those wishing to commence an exciting new project, the generous proportions and coveted north orientation offer immense appeal to a range of astute buyers.

The Facts

Land Size: 661 sqm (APPROX)
Council: Melton Council
Planning Zone: GRZ/GRZ1
Council Rates: $1,608.64 per year (Approx)
Local Amenities:
- Toolem Creek
- Fraser Street Reserve
- Melton Botanic Garden
- Melton Valley Golf Club
Nearest Primary School: Melton South Primary School
Nearest Secondary School: Melton Christian College
Nearest Train Station: Melton Station

Don't miss out on this fabulous property! Contact Mark Brilliant on 0450 101 955 to register your interest.

Property History for 3 Fraser St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Oct 2022
  • 21 Oct 2022
    Sold for $390,000
  • 05 Sep 2022
    Listed for Sale $405,000 - $419,000
  • 11 Dec 2014
    Sold for $217,000
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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 7,750 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 86 properties listed for sale, and 46 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Melton south.

Suburb Insights for Melton South 3338

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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.