Back 5 David Street
Off Market

5 David Street

Melton South VIC 3338

3
1
4
721 m²
House
Last sold for $365,000
David ThompsonDavid Thompson, last sold this property on 21 May 2019 after 164 days on market.

Overview

Prime Position, Perfect Potential!

Set on a whopping 721m2 block approx, this quaint home is here to give you an opportunity to acquire a substantial parcel of land at an affordable price. The light filled residence comprises three bedrooms, front living room, central bathroom, spacious kitchen and dining area, polished floor boards throughout and a host more. This would make for a great first home owner however with the potential to retain the existing home and build and additional unit (STCA) this is also the perfect chance for builders/ developers or investors to start a new project in one of the best streets in Melton South. Situated within walking distance to all Melton South has to offer including the train station and schools, also within very close proximity to freeway entrances and Woodgrove Shopping Centre, this home is one you just must consider!

Features

3 bedrooms
1 bathroom
4 carspaces
721 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 5 David Street is $545k.

Median value
$545k
Estimated value range
$415k - $850k
Median days on market
35
Estimated value trend
6%
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 5 David Street

2023
Rented
Undisclosed
Leased on 19 Mar 2023 by Professionals Ryder Real Estate
2019
Sold
$365,000
21 May 2019 by David Thompson, of Raine & Horne Melton
2015
Sold
$230,000
Private Sale (EOI) on 30 Sep 2015 by Max Attalla, of Barry Plant Melton

Happy sellers in Melton South

89%
89% 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 186 reviews in Melton South over the last 12 months.

Local market activity for 3 bedroom houses in Melton South

In the last 12 months, 208 three-bedroom houses similar to 5 David Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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