7020 Melanda Road, Melton South, VIC 3338 | Property Value & History | OnTheHouse
OFF MARKET

7020 Melanda Road
Melton South VIC 3338

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 297m2
Land area: 439m2
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Property Details for 7020 Melanda Rd, Melton South

Building Type
Land
Year Built
2017
Floor Size
297m2
Land Size
439m2
Local Government
Melton

Last Listing description (December 2016)

THE AWARD WINNING S-THREE BY EIGHT HOMES FEATURES THE MASTER SUITE TO THE REAR OF THE HOME MAKING ROOM FOR A SEPARATE RUMPUS ROOM AT THE FRONT OF THE HOME. WITH A WALK IN PANTRY TO THE KITCHEN AND CLEVER STORAGE SOLUTIONS INCORPORATED THROUGHOUT, THE S-THREE HAS EVERYTHING YOU NEED IN ITS 24SQ FOOTPRINT.*PACKAGE PRICE IS BASED ON STANDARD PLAN, BUILDERS PREFERRED SITING AND IS SUBJECT TO EXTREME SITE CHANGES BEYOND OUR REASONABLE CONTROL AND UNKNOWN AT THE TIME OF PUBLICATION. EIGHT HOMES RESERVES THE RIGHT TO CHANGE PRICES AND PROMOTIONS WITHOUT NOTIFICATION. OPTIONAL EXTRAS MAY INCLUDE ADDITIONAL RENDER, UPGRADED ROOF TILES, COLORBOND ROOF, TIMBER WINDOWS, CEDAR CLADDING, FEATURE TILING, UPGRADED ENTRY DOOR AND GARAGE DOOR. SUBJECT TO DEVELOPER S DESIGN REVIEW PANEL FINAL APPROVAL. IMAGES ARE FOR ILLUSTRATIVE PURPOSES AND ARE TO BE USED AS A GUIDE ONLY. PLEASE REFER TO HOUSE SPECIFIC INCLUSIONS AND WORKING DRAWINGS FOR ALL DETAILS.BOOKMARK AND SHARE **CONDITIONS APPLY. LOAN REPAYMENTS ARE BASED ON THE AFG HOME LOANS 2 YEAR FIXED RATE HOME LOAN 5.04% EFFECTIVE 30TH MAY 2014, AND ARE QUOTED AS A PRINCIPAL AND INTEREST REPAYMENT PAYABLE WEEKLY. A MINIMUM 5% DEPOSIT REQUIRED PLUS GOVERNMENT CHARGES, LENDING FEES AND LEGAL FEES. THE $10,000 FIRST HOME OWNERS GRANT CAN BE USED TOWARDS FEES PAYABLE. FOR GRANT ELIGIBILITY AND DETAILS VISIT SRO.VIC.GOV.AU. FEES AND CHARGES MAY BE PAYABLE. FINANCE IS ARRANGED THROUGH INOVAYT PTY LTD AUSTRALIAN CREDIT LICENCE NUMBER 391333.THE COMPARISON RATE IS BASED ON A $150,000 LOAN FOR 25 YEARS AT 5.36%.WARNING: THIS COMPARISON RATE APPLIES ONLY TO THE EXAMPLE OR EXAMPLES GIVEN. DIFFERENT AMOUNTS AND TERMS WILL RESULT IN DIFFERENT COMPARISON RATES. COSTS SUCH AS REDRAW FEES OR EARLY REPAYMENT FEES, AND COST SAVINGS SUCH AS FEE WAIVERS, ARE NOT INCLUDED IN THE COMPARISON RATE BUT MAY INFLUENCE THE COST OF THE LOANFOR MORE INFORMATION OR FLOOR PLANS ON THIS HOME DESIGN CLICK HERE OR VISIT 8HOMES.COM.AUFEATURES INCLUDE: FIXED SITE COSTS INC ROCK REMOVAL, COUNCIL AND DEVELOPER REQUIREMENTS, 12 MONTH PRICE FREEZE, 25 YEAR STRUCTURAL GUARANTEE, $888 DEPOSIT, LIFESTYLE PACK UPGRADES INCLUDED

Property History for 7020 Melanda Rd, Melton South, VIC 3338

A timeline of how this property has performed in the market
  • 22 Dec 2016
    Listed for Sale $347,490
  • 01 Mar 2016
    Listed for Sale Not Disclosed
  • 21 Jan 2016
    Listed for Sale $333,995
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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 7,748 properties. Over the last 5 years, Houses in Melton South have seen a 34.31% increase in median value, while Units have seen a 30.97% increase. As at 30 April 2026:

  • The median value for Houses in Melton South is $592,166 while the median value for Units is $427,446.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 76 properties listed for sale, and 52 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 447 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.