734-758 High StreetMelton West VIC 3337
Property Details for 734-758 High St, Melton West
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
- 27 Sep 2018Listed for Sale CONTACT AGENT
- 13 Nov 2017Sold for $5,000,000
- 30 Jan 2016Listed for Sale CONTACT AGENT
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0About Melton West 3337
The size of Melton West is approximately 9.3 square kilometres. There are 22 parks, covering nearly 14.7% of the 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 3,734 properties. Over the last 5 years, Houses in Melton West have seen a 28.64% increase in median value, while Units have seen a 21.60% increase. As at 30 April 2026:
- The median value for Houses in Melton West is $642,660 while the median value for Units is $478,132.
- Houses have a median rent of $430 while Units have a median rent of $410.
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