Back 40 Pegasus Drive
Off Market

40 Pegasus Drive

Melton South VIC 3338

356 m²
Land
Russell ParkerRussell Parker, last sold this property on 06 October 2025 after 544 days on market.

Overview

AFFORDABLE AUSTRALIA DREAMS

Discover the perfect opportunity to build your dream home on this prime 356m² vacant land in the thriving new estate of Weir Views. Located at 40 Pegasus Drive, this generously sized block offers a blank canvas for your vision, whether it's a modern family home or a savvy investment. Just moments from Opalia Plaza, enjoy easy access to shopping, dining, and essential amenities. Embrace the lifestyle of a vibrant, growing community with this ideally positioned lot. Don’t miss out—secure your future in Weir Views today!

Features

356 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Melton South over the last 12 months, the estimated median property value of 40 Pegasus Drive is $320k.

Median value
$320k
Estimated value range
$200k - $485k
Median days on market
82
Estimated value trend
1%
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 40 Pegasus Drive

2025
Sold
Undisclosed
06 Oct 2025 by Russell Parker, of First National 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 184 reviews in Melton South over the last 12 months.

Local market activity for land plots in Melton South

In the last 12 months, 78 land plots similar to 40 Pegasus Drive, have been sold.

This represents a 26% increase in land plots sales when compared to the previous 12 months.

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