1/537 Melton Highway, Sydenham, VIC 3037 | Property Value & History | OnTheHouse
OFF MARKET

1/537 Melton Highway
Sydenham VIC 3037

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 240m2
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Property Details for 1/537 Melton Hwy, Sydenham

1/537 Melton Hwy, Sydenham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 240m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last transferred in November 2024.

Building Type
Unit
Year Built
2010
Floor Size
114m2
Land Size
240m2
Local Government
Brimbank
Lot/Plan
1/PS631424

Last Listing description (August 2022)

** MAIN ROAD EXPOSURE MAKES THIS AN IDEAL PROPERTY FOR A HOME BUSINESS
** OWNER IS CURRENTLY OPERATING A BEAUTY SALON WITH A PERMIT IN THE GARAGE SPACE WHICH HAS BEEN PROFESSIONALLY FITTED
** GARAGE CAN BE RE-CONVERTED BY REMOVING GLASS SLIDING DOOR

This modern 3 bedroom property offers a ready to move in and start-up opportunity for any home business. Highway exposure will ensure your business stands out from the rest and located in the ever popular and rising suburb of Sydenham. Best remembered for its highly practical internal floor-plan which is perfectly paired with a modern interior, this one if a kind property further enhances its appeal by means of its ultra convenient and central location, being within a 5 minute stroll to Watergardens Shopping Centre and Watergardens Train Station. The property offers so many appealing features that are not typically found in properties at this price point, so make sure that you come and see what the excitement is all about!

Property Features:

* 3 large fitted bedrooms - Downstairs master bedroom with full ensuite and walk in robe (Currently part of the Salon and can be reappointed to be part of the dwelling)
* Downstairs guest powder-room
* Modern open-plan living which incorporates a spacious lounge area looking out to a beautifully maintained back yard
* Large and sleek central kitchen featuring quality appliances and plenty of storage space and bench space
* Privately owned front and back yards
* Covered and concreted outdoor living space which opens out to a neat outdoor yard; ideal play area for active kids and pets
* Fully set-up and functional beauty salon with rare main road exposure which offers a high impact opportunity suitable for any home business
* Single garage with internal home access can be re-converted
* All set on a beautifully landscaped and well maintained block of land

Sale Includes: Ducted heating, split system air-conditioning x 5, dishwasher, surveillance system, built-in entertainment unit in living area and auto garage

Salon Inclusions: Hairdressing station with mirrors, hair washing basin connected to hot and cold water, built-in shelving and built-in speakers

This is a beautiful home with home business set-up which is positioned in a prime location and it can be enjoyed from the moment you move in!

Property History for 1/537 Melton Hwy, Sydenham, VIC 3037

A timeline of how this property has performed in the market
Last Transferred
05 Nov 2024
Listed for Rent
$420/w
01 Jul 2022
  • 05 Nov 2024
    Transferred
  • 30 Jul 2022
    Sold for $538,000
  • 05 Jul 2022
    Listed for Sale UNDER CONTRACT - $538,000
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About Sydenham 3037

The size of Sydenham is approximately 3.6 square kilometres. There are 23 parks, covering nearly 8.4% of the total area. The population of Sydenham in 2016 was 10838 people. By 2021 the population was 10578 showing a population decline of 2.4% in the area during that time. The predominant age group in Sydenham is 20-29 years. Households in Sydenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydenham work in a professional occupation.In 2021, 66.50% of the homes in Sydenham were owner-occupied compared with 64.80% in 2016.

Sydenham has 4,429 properties. Over the last 5 years, Houses in Sydenham have seen a 16.57% increase in median value, while Units have seen a 23.12% increase. As at 31 May 2026:

  • The median value for Houses in Sydenham is $807,012 while the median value for Units is $545,855.
  • Houses have a median rent of $530 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 6 properties listed for rent in Sydenham on OnTheHouse. According to Cotality's data, 200 properties were sold in the past 12 months in Sydenham.

Suburb Insights for Sydenham 3037

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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.