73 First Avenue, Melton South, VIC 3338 | Property Value & History | OnTheHouse
OFF MARKET

73 First Avenue
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 592m2
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Property Details for 73 First Ave, Melton South

73 First Ave, Melton South is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 592m2. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
House
Year Built
1975
Land Size
592m2
Local Government
Melton
Lot/Plan
1/TP187398

Last Listing description (July 2019)

Sited on a large flat allotment of some 591SqM, this property offers enormous potential with loads of options for a variety of buyers.
Would make an ideal start for first home buyers looking for capital growth potential. Other options to renovate and extend for the home builder/handyman or re-develop into multi units (STCA) for the smaller builder/developer, the options are all yours.
Current improvements include a classic style weatherboard home with loads of potential in a prime, central location.

Zoned GRZ1 and just moments from M8 free way, the site is close to Woodgrove Shopping Centre, Melton Station and the Victoria University campus
Accommodation includes 3 spacious bedrooms complemented by north facing living area and separate kitchen/meals.
The large garden provides for a large double carport, with ample outdoor area for the whole family.
This alluring property is ideal for enthusiastic renovators, builders or developers searching for a premium investment opportunity. We welcome your inspection.

Property History for 73 First Ave, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$223,588
27 Jul 2011
Listed for Rent
$230/w
23 Nov 2014
  • 09 Apr 2019
    Listed for Sale Price on Application
  • 07 Oct 2016
    Listed for Sale PRICE ON APPLICATION
  • 21 Oct 2014
    Listed for Rent $230 / week
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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 7,749 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 85 properties listed for sale, and 47 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 457 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.