Back 40 Melaleuca Drive
Off Market

40 Melaleuca Drive

Forest Hill NSW 2651

3
2
2
0 m²
740 m²
House
Last sold for $670,000
Jacob GoodenJacob Gooden, last sold this property on 17 September 2025 after 16 days on market.

Overview

Fantastic Long Term Investment

A great opportunity for an investor to secure a modern family home, with a tenant currently on a long-term lease. - current lease in place until 27th of January 2027 at $470 per week - three bedrooms all with built-in robes, the master with walk-in robe and ensuite - large kitchen with great storage, 900mm oven and stainless steel appliances - multiple living spaces great for large families - ducted heating and evaporative cooling throughout plus 12 solar panels - drive through access to large backyard plus large entertaining area - only 15 minute drive into Wagga's CBD If your a savvy investor looking to begin or add to your investment portfolio, then look no further then 40 Melaleuca Drive. This home needs nothing done but to set and forget. All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Gross rental return based on current listing price and rent per week, subject to change.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
740 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Forest Hill over the last 12 months, the estimated median property value of 40 Melaleuca Drive is $566k.

Median value
$566k
Estimated value range
$350k - $710k
Median days on market
25
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forest Hill. 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 40 Melaleuca Drive

2025
Sold
$670,000
17 Sep 2025 by Jacob Gooden, of Fitzpatricks
2023
Sold
$550,000
Private Sale/Treaty on 19 Jun 2023 by Jacob Gooden, of Fitzpatricks
2022
Rented
Undisclosed
Leased on 20 Jan 2022 by Fitzpatricks

Happy sellers in Forest Hill

98%
98% of sellers in Forest Hill reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Forest Hill over the last 12 months.

Local market activity for 3 bedroom houses in Forest Hill

In the last 12 months, 26 three-bedroom houses similar to 40 Melaleuca Drive, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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