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Back 10 Joan Street
Off Market

10 Joan Street

Melton VIC 3337

1620 m²
Land
AKHIL POTHUAKHIL POTHU, last sold this property on 16 November 2025 after 93 days on market.

Overview

Investor Alert: Approved 10‑Townhouse Site in Melton’s Residential Growth Zone

Reddy G Real Estate proudly presents a rare and highly strategic development opportunity in Melton-a prominent suburb experiencing accelerated growth. Situated at 10 Joan Street, Melton, this expansive 1,620 m² (approx.) allotment is securely zoned RGZ1 – Residential Growth Zone (Schedule 1) and comes with an approved permit for ten double-storey townhouses, making it a ready-to-build boutique project. Property Highlights Massive Allotment: The site's generous 1,620 m² area makes it exceptional within typical RGZ1 land parcels in Melton, offering developers substantial scope for urban-scale townhouse planning. Development-Ready: The permit for 10 double-storey townhouses is already in place, significantly reducing project lead-time and approval risk for prospective developers. High-Density Zoning (RGZ1): The zoning supports efficient, higher-density residential options and aligns with Melton's strategic vision for intensification near key infrastructure. Sealed Driveway Access: Provides secure and convenient vehicle access-adding to both the site's functionality and resale appeal. Prime Location & Connectivity Convenient Lifestyle: Located mere minutes from Woodgrove Shopping Centre and Melton Railway Station, residents enjoy exceptional access to retail, transport, and everyday conveniences. Strategic Commuter Position: Approximately 30 minutes to Melbourne Airport and 50 minutes to Melbourne CBD, this locale combines suburban living with solid urban connectivity. Growth Corridor Advantage: Melton is within the Melbourne West Growth Corridor, earmarked for escalating infrastructure and residential expansion-aligning with the State's urban consolidation objectives. Strategic & Market Context Built for Growth: Melton is a fast-evolving growth area, positioned to benefit from policy shifts aimed at diversifying housing stock-including streamlined regulations for smaller-lot and townhouse-style homes. Exceptional Market Appeal: This landholding stands out not just for its size-but for being permit-ready, thresholds that are highly valued in an increasingly competitive development landscape. Summary This is more than a plot-it's a turnkey development site in one of Greater Melbourne's fastest-growing corridors. With a rare 1,620 m² RGZ1 zoned allotment, approved planning permits for 10 townhouses, and prime access via sealed driveway, this property is perfectly aligned with the market's demand for medium-density, transit-adjacent housing. 📞 Contact: AKHIL POTHU - 0449 935 536 Ajit Singh - 0416 070 180 Interested parties should conduct their own due diligence prior to making an offer. Due Diligence Checklist: consumer.vic.gov.au/duediligence

Features

1620 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Melton over the last 12 months, the estimated median property value of 10 Joan Street is $566.5k.

Median value
$566.5k
Estimated value range
$330k - $1.21m
Median days on market
69
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10 Joan Street

2025
Sold
Undisclosed
16 Nov 2025 by AKHIL POTHU, of REDDY G REAL ESTATE AGENTS
2023
Sold
Undisclosed
Private Sale/Treaty on 05 Sep 2023 by Atul Sama (Sunny), of Raine & Horne Land Victoria
2021
Sold
$1,100,000
Private Sale/Treaty on 14 Apr 2021 by Atul Sama, of Raine & Horne Land Victoria

Happy sellers in Melton

90%
90% of sellers in Melton reported that their sale price either exceeded or met their price expectations.

Melton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Melton over the last 12 months.

Local market activity for land plots in Melton

In the last 12 months, 3 land plots similar to 10 Joan Street, have been sold.

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