8 Mcdonald Street, Melton South, VIC 3338 | Property Value & History | OnTheHouse
 
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8 Mcdonald Street
Melton South VIC 3338

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 578m2
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Last updated 18 May 2026
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Property Details for 8 Mcdonald St, Melton South

8 Mcdonald St, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 578m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1980
Floor Size
107m2
Land Size
578m2
Local Government
Melton
Lot/Plan
35/LP55461

Last Listing description (September 2025)

Explore This Investment Opportunity: 8 McDonald Street, Melton South. Discover the potential of this charming three-bedroom, one-bathroom residence nestled on 576 m (approx) of prime corner-block land. With a central kitchen and double car garage, this property offers both convenience and space for your lifestyle needs. Location-wise, it doesn't get much better. Situated opposite a serene reserve, you'll enjoy tranquillity while being within walking distance of Melton train station, Coles Shopping Centre and the scenic Toolan Creek parklands with their inviting walking tracks. What truly sets this property apart is its investment value. Currently leased to fantastic tenants who appreciate the convenience of the location, you'll benefit from a steady stream of rental income at $320 per week. The lease is secured until November 2023, offering you peace of mind. While the house might be rough around the edges, it presents an exciting opportunity to add your personal touch and turn it into a home that suits your style. Whether you're an astute investor looking for a property with potential or a family seeking a cozy abode, 8 McDonald Street offers the foundation for your vision. Act quickly to secure this gem and unlock its hidden value. With its exceptional location, steady rental income, and scope for improvement, this property won't be available for long. Contact us today to arrange a viewing and seize the possibilities that await

Property History for 8 Mcdonald St, Melton South, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$438,000
05 Sep 2023
Listed for Rent
$320/w
07 Nov 2022
  • 05 Sep 2023
    Sold for $438,000
  • 29 Aug 2023
    Listed for Sale $439,000
  • 28 Sep 2022
    Listed for Rent $320 / 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 7,747 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 79 properties listed for sale, and 50 properties listed for rent in Melton south on OnTheHouse. According to Cotality's data, 448 properties were sold in the past 12 months in Melton south.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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