5 Crestmont Drive, Melton South, VIC 3338 sold on 10 July 2026 | OnTheHouse
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Sold on 10 Jul 2026 for $695,000

5 Crestmont Drive
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 160m2
Land area: 931m2
Sold By
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Nex Real Estate
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Property Details for 5 Crestmont Dr, Melton South

5 Crestmont Dr, Melton South is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 931m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Melton South in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
160m2
Land Size
931m2
Local Government
Melton
Lot/Plan
17/LP132945

Last Listing description (July 2026)

Eland Real Estate Proudly Presents 5 Crestmont Drive, Melton SouthSet on an expansive 931sqm (approx.) allotment, this exceptional property offers a rare combination of space, location, and future potential in one of Melton South's most strategically positioned pockets.For savvy investors, developers, and property flippers, the true value lies in the land. The substantial block size presents exciting scope for a multi-dwelling development of 34 units (STCA) or a rewarding renovation project, providing the opportunity to maximise returns in a high-growth area.The existing home is comfortable and well-maintained, making it ideal to move in, rent out, or update over time. It comprises three generous bedrooms, a central bathroom, secure parking for two vehicles, and heating and cooling for year-round comfort.The expansive backyard enhances the sense of space and flexibility, creating the perfect environment for young families to raise their children, with plenty of room to play, entertain, and grow. It also offers excellent potential for those who enjoy outdoor living, with ample space for a vegetable garden, landscaping, or creating your own private green retreat.Positioned directly opposite Melton South Train Station, the property offers outstanding convenience with easy access to Melbourne's CBD. It is also located close to quality schools, shopping centres, parks, and everyday amenities, making it an ideal choice for families and commuters alike.Whether you're a first-home buyer, growing family, investor, renovator, or gardening enthusiast, this is a standout opportunity to secure a premium landholding with exceptional upside in a thriving location.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 5 Crestmont Dr, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$695,000
10 Jul 2026
Listed for Rent
$340/w
07 Mar 2022
  • 10 Jul 2026
    Sold for $695,000
  • 22 Apr 2026
    Listed for Sale $695,000
  • 04 Aug 2023
    Listed for Rent $340 / week
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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 7,740 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.
There are currently 54 properties listed for sale, and 58 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 416 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.