734-758 High Street, Melton West, VIC 3337 | Property Value & History | OnTheHouse
OFF MARKET

734-758 High Street
Melton West VIC 3337

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 121374m2
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Property Details for 734-758 High St, Melton West

Building Type
Land
Land Size
121374m2
Local Government
Melton
Lot/Plan
10/LP146966

Last Listing description (August 2020)

734-758 High Street site is a substantial parcel of land 12.13 Hectares (approximately 29.96 acres) with prime location.The site represents an excellent development opportunity and land banking opportunity.The property is well-placed to provide its future owner with a variety of opportunities to develop this substantial site.Key Features;Potential yield circa 185 plus residential allotments STCA Suitable for residential land developmentProperty is located within Urban growth ZoneIt is a short drive from Woodgrove Shopping Centre around 1.5kms.Located in close proximity to all of Melton's amenitiesThe Melton train station is only at (Approx) 4km Direct access to the Melbourne CBD via the Western FreewayWithin close proximity to the proposed Toolern Town Centre and new residential Estates as Arnolds Creek' & Atherstone'It is located within 10 mins drive from Tabcorp Park' which is Melbourne's premier Harness Racing & Entertainment complex.The precinct structure plan suggests these sites will suit residential lots (STPA) in the near future It is 49kms (approx.) from Melbourne CBD and 38kms (approx.) to Melbourne Airport.At a close proximity is Melton's High Street shopping strip and within the radius are primary and secondary schools, parks, recreation facilities and local amenitiesThis site represents an unparalleled opportunity to secure a unique development site in one of Melbourne's fastest growth corridors.The vendors are considering reasonable offers with negotiable settlement terms.Please Contact Agents for Information Memorandum Manpreet Dandiwal 0433 413 927 Or Naumaan Khan 0427 566 432

Property History for 734-758 High St, Melton West, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$5,000,000
13 Nov 2017
  • 27 Sep 2018
    Listed for Sale CONTACT AGENT
  • 13 Nov 2017
    Sold for $5,000,000
  • 30 Jan 2016
    Listed for Sale CONTACT AGENT
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About Melton West 3337

The size of Melton West is approximately 9.3 square kilometres. It has 22 parks covering nearly 14.7% of total area. The population of Melton West in 2016 was 17589 people. By 2021 the population was 8784 showing a population decline of 50.1% in the area during that time. The predominant age group in Melton West is 10-19 years. Households in Melton West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Melton West work in a trades occupation.In 2021, 73.80% of the homes in Melton West were owner-occupied compared with 71.60% in 2016.

Melton West has 3,733 properties. Over the last 5 years, Houses in Melton West have seen a 33.36% increase in median value, while Units have seen a 27.82% increase. As at 31 December 2025:

  • The median value for Houses in Melton West is $626,613 while the median value for Units is $452,951.
  • Houses have a median rent of $430 while Units have a median rent of $405.
There are currently 14 properties listed for sale, and 16 properties listed for rent in Melton west on OnTheHouse. According to Cotality's data, 201 properties were sold in the past 12 months in Melton west.

Suburb Insights for Melton West 3337

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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.