Back 7 Waratah St
Off Market

7 Waratah St

Melton South VIC 3338

4
2
2
594 m²
House
Last sold for $587,000
Aj (ankit) JhanjiAj (ankit) Jhanji, last sold this property on 17 May 2026 after 23 days on market.

Overview

Family home with Self-Contained Granny Flat on A Large Allotment in RGZ1

When it comes to location it does not get any better than this! With easy access to the freeway, Woodgrove shopping centre, Melton south train station, Al Iman college, schools, shops and much more, it is easy to understand why location matters! This family home sits on a massive 594m2 (Approximately) allotment in Residential Growth Zone 1. Whether you are looking for your next family home, investment or development (STCA) this property presents an ideal opportunity. The main residence offers comfortable living with three well-proportioned bedrooms, a central bathroom, a functional kitchen, and a spacious living area-perfect for everyday family life or immediate rental return. Positioned on the same block, the second dwelling(Granny Flat) adds significant value and flexibility. Complete with one bedroom, one bathroom, its own kitchen, and open-plan living and dining area, it's ideal for extended family accommodation, guest use, or an additional income stream. Whether you're looking to live in one and lease the other, accommodate multi-generational living, or maximise returns with dual tenancies, this property delivers on all fronts. Adding to its appeal is the future development potential (STCA), making it an attractive proposition for those looking to capitalise on the land size and unlock further value down the track. A property that combines immediate usability with long-term upside, this is an opportunity not to be missed. Currently tenanted to great tenants on a fixed term lease ending 30/01/2027 paying $460 per week. Auction Terms 10% Deposit; Settlement 30, 45 or 60 days Onsite & Online Auction on Saturday, 16th May, 2026 at 01:00pm sharp.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
594 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Melton South over the last 12 months, the estimated median property value of 7 Waratah St is $630.3k.

Median value
$630.3k
Estimated value range
$450k - $985k
Median days on market
49
Estimated value trend
2%
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 7 Waratah St

2026
Sold
$587,000
17 May 2026 by Aj (ankit) Jhanji, of Barry Plant Melton
2025
Sold
$580,000
19 Nov 2025 by Jade Carberry, of First National Melton
2023
Rented
Undisclosed
Leased on 08 Jun 2023 by First National Melton

Happy sellers in Melton South

90%
90% 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 187 reviews in Melton South over the last 12 months.

Local market activity for 4 bedroom houses in Melton South

In the last 12 months, 403 four-bedroom houses similar to 7 Waratah St, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melton South

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent