Back 9 Homestead Cl
Off Market

9 Homestead Cl

Melton West VIC 3337

4
1
2
772 m²
House
Last sold for $470,000
Varun VagdhanVarun Vagdhan, last sold this property on 19 July 2018 after 65 days on market.

Overview

SELLING WITH BUILDING PERMITS

Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/217-762717/6w0048unh6odr3v1jb3czn0cwfo4zxre.pdf . Please copy & paste this information into your browser address bar. An exciting investment opportunity awaits 9 Homestead Close, Melton West. Situated in the established neighbourhood of Melton West on approximately 772sqm, this newly renovated family home comprises 4 bedrooms with built in robes, 1 bathroom, modern kitchen/meals, separate living area, double car garage and a spacious outdoor entertaining area – making it ideal for the family or as an excellent rental property. For the astute investor, this large property also comes complete with Melton City Council endorsed plans under Planning Permit (PA2017/5667) allowing for the development of the land with a single-storey dwelling consisting of 3 bedrooms, 1 bathroom and kitchen/meals/family with single car garage at the rear of the existing dwelling. All engeering and construction copies and drawings are available along with an outstanding energy rating of 8.3/10. This property provides maximum flexibility to the potential buyer – the option to rent or occupy the existing dwelling whilst constructing a second investment property, or the ability to rent the existing dwelling and move in and occupy your new home! It should not be overlooked that the option to rent the new dwelling offers competitive tax advantages such as full access to depreciation of the building and fittings. This property is a rarity and an inspection is a must! We encourage you to inspect this property by contacting Varun on 0451 040 009.

Features

4 bedrooms
1 bathroom
2 carspaces
772 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Melton West over the last 12 months, the estimated median property value of 9 Homestead Cl is $652.75k.

Median value
$652.75k
Estimated value range
$513k - $940k
Median days on market
36
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melton West. 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 9 Homestead Cl

2018
Sold
$470,000
19 Jul 2018 by Varun Vagdhan, of Reliance Real Estate Melton

Happy sellers in Melton West

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

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

This is based on voluntary sentiment collected from 78 reviews in Melton West over the last 12 months.

Local market activity for 4 bedroom houses in Melton West

In the last 12 months, 160 four-bedroom houses similar to 9 Homestead Cl, have been sold.

This represents a 33% increase in four-bedroom houses sales when compared to the previous 12 months.

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