Back 102 First Avenue
Off Market

102 First Avenue

Melton South VIC 3338

3
1
3
599 m²
House
Last sold for $472,000
Ned NikolicNed Nikolic, last sold this property on 19 May 2025 after 55 days on market.

Overview

Open Cancelled - When Location Matters – Amazing Investment Opportunity In RGZ1!

Prime Opportunity in RGZ1 – Ideal for Homebuyers & Investors Superbly positioned in the Residential Growth Zone 1 (RGZ1) and close to all amenities, this well-maintained three-bedroom home presents an excellent opportunity for homebuyers and investors alike. Set on a generous 599m² (approx.) allotment, it offers exciting development potential (STCA) while providing comfortable living with a spacious lounge room, central bathroom, kitchen with adjoining dining area, and separate laundry. Additional features include gas heating, air conditioning, polished timber floors, solar panels, a secure front fence and an expansive backyard. The property also boasts a large double garage, double carport and garden shed, making it ideal for tradies or those needing extra storage. Currently tenanted at $375 per week with a lease in place until 26/07/2025, this is an opportunity not to be missed. Act now to secure this fantastic investment or future development site.

Features

3 bedrooms
1 bathroom
3 carspaces
2 carport spaces
1 garage space
599 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Melton South over the last 12 months, the estimated median property value of 102 First Avenue is $540k.

Median value
$540k
Estimated value range
$402k - $850k
Median days on market
31
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melton South. 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 102 First Avenue

2025
Sold
$472,000
Private Sale/Treaty on 19 May 2025 by Ned Nikolic, of Barry Plant Melton
2022
Sold
$488,000
20 Dec 2022 by Ned Nikolic, of Barry Plant Melton
2022
Rented
Undisclosed
Leased on 15 Jul 2022 by Barry Plant Melton

Happy sellers in Melton South

91%
91% of sellers in Melton South reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 185 reviews in Melton South over the last 12 months.

Local market activity for 3 bedroom houses in Melton South

In the last 12 months, 228 three-bedroom houses similar to 102 First Avenue, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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