4 Toolern StreetMelton South VIC 3338
Property Details for 4 Toolern St, Melton South
4 Toolern St, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 657m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (August 2023)
Located in the perfect position in Melton South. Reliance Real Estate Melton is proud to present this generous parcel of land which is 656 sqm. with no easements issues and recently zoned RGZ by Melton Council, this property has great development potential for multi units and townhouses (subject to council approval) which is a superb opportunity, whether looking to move-in with family or as an investor. Situated in the prime location of Melton South, you are within walking distance of the train station, bus stops, shops, schools and local parks.
This property is also suitable for first home buyer wanting to enter the market
Walking into the property, step inside to the cozy lounge room flowing through to the dining and kitchen featuring ample cupboard and bench space.
It's a perfect location for anyone and everyone to even travel to work as you don't have to buy a Country line train ticket even though its V-Line train station as you pay the same cost of a travel ticket as anyone living in Melbourne Zone 2. This is one perfect investment property. Comprising of 3 good-sized bedrooms and 1 bath areas.
Stepping outside to the large backyard space with great side access. This property has many potentials, such as to keep the existing property and build an additional unit or demolish and build multiple units as there is potential for subdivision.
Don't miss out on this impressive home. Please feel free to call or email me if you have any further questions
Book in your appointments now, as we assure you, this one won't last long! For more information contact: Sandy Rana on 0406 922 222 or Socorro Gomez on 0448 991 959
Property History for 4 Toolern St, Melton South, VIC 3338
- 04 Aug 2023Listed for Sale Not Disclosed
- 13 Nov 2021Sold for $505,000
- 26 Oct 2021Listed for Sale $460,000-$490,000
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0About 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 7,733 properties. Over the last 5 years, Houses in Melton South have seen a 37.23% increase in median value, while Units have seen a 23.11% increase. As at 31 December 2025:
- The median value for Houses in Melton South is $576,463 while the median value for Units is $406,138.
- Houses have a median rent of $430 while Units have a median rent of $385.
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