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Melton West Median Price
House$545,700
Unit$422,700
Land$635,600
The House price is 3% lower than last year.
Surrounding suburbs
Brookfield$591,200
Hopetoun Park$1,298,300
Long Forest$1,433,300
Melton$488,500
Melton South$512,600
Melton West 3337 Profile
Melton West rent price
A9 Homestead Close, Melton West
Sold $470,000 in Jul 2018 [Rectify]
Last Sold $260,000 in Oct 2013
House: 4 Bed rooms 1 Bath rooms 2 Car spaces
Land size: 772 sqm | Building size: 124 sqm [Measure]
Agent: Reliance Real Estate Melton - MELTON
Distance: 38.8 km to CBD; 3.1 km to Melton Station [Transport]

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Property Description:
SELLING WITH BUILDING PERMITS
An exciting investment opportunity awaits 9 Homestead Close, Melton West.
Situated in the established neighbourhood of Melton West on approximately 772sqm, this newly renovated family home comprises 4 bedrooms with built in robes, 1 bathroom, modern kitchen/meals, separate living area, double car garage and a spacious outdoor entertaining area – making it ideal for the family or as an excellent rental property.
For the astute investor, this large property also comes complete with Melton City Council endorsed plans under Planning Permit (PA2017/5667) allowing for the development of the land with a single-storey dwelling consisting of 3 bedrooms, 1 bathroom and kitchen/meals/family with single car garage at the rear of the existing dwelling. All engeering and construction copies and drawings are available along with an outstanding energy rating of 8.3/10.
This property provides maximum flexibility to the potential buyer – the option to rent or occupy the existing dwelling whilst constructing a second investment property, or the ability to rent the existing dwelling and move in and occupy your new home!
It should not be overlooked that the option to rent the new dwelling offers competitive tax advantages such as full access to depreciation of the building and fittings.
This property is a rarity and an inspection is a must!
We encourage you to inspect this property by contacting Varun on 0451 040 009.
Lot/Plan No: 1565/LP146670
Search neighbour's planning permit
Property report from Government
Nearby Schools:
NameTypeRankDistance
Wedge Park Primary SchoolPrimaryNo.137692 metres
Catholic Regional CollegeSecondaryNo.942.2 km
St Catherine's SchoolPrimaryNo.9962.5 km
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