5 Forrest Street, Melton South, VIC 3338 | Property Value & History | OnTheHouse
OFF MARKET

5 Forrest Street
Melton South VIC 3338

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 585m2
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Last updated 19 Jan 2026
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Property Details for 5 Forrest St, Melton South

5 Forrest St, Melton South is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 585m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Floor Size
140m2
Land Size
585m2
Local Government
Melton
Lot/Plan
283/LP54225

Last Listing description (September 2025)

Situated on a huge block of 584m2 (Approximately), Located in Melton South close by to all amenities including; Melton South Train Station, shops, all levels of schooling and so much more, this property is the perfect opportunity for all buyers entering the property market and investors alike. Upon entering this welcoming home, you are greeted by a large living area, this flows through a well-appointed kitchen featuring ample cupboard space, gas cooktop and overlooks the dining space. This family home comprises of four generously sized bedrooms, one bedroom downstairs and remaining three on the first floor with built in robes and serviced by a bright central bathroom. Moving outside there is plenty of space on offer for the kids to run around. Other features include reverse cycle split sytem, single car space carport, garden shed and much more only an inspection can reveal. Call us today to book your inspections.

Property History for 5 Forrest St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$495,000
22 May 2023
Listed for Rent
$425/w
24 Oct 2024
  • 23 Aug 2024
    Listed for Rent $425 / week
  • 22 May 2023
    Sold for $495,000
  • 04 May 2023
    Listed for Sale $495,000
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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 7,733 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.
There are currently 61 properties listed for sale, and 51 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 491 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.