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8 Tern Court,
Melton VIC 3337

This property is Off Market

All about Melton Homes for sale in Melton

The Average property price in this area is $619,443, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 30.58 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

LJ Hooker 19 FALCON DR, $449,000-$489,000 3 Beds - 1 Baths - 2 Parking Within 0.2 km Professionals 50 QUAIL CR, $425,000 - $445,000 3 Beds - 1 Baths - 2 Parking Within 0.3 km Bal Real Estate 74 SCOTT ST, SOLD $462,000 Beds - Baths - Parking Within 0.3 km LJ Hooker 24 CASSIA RD, $469,000-$499,000 3 Beds - 1 Baths - 4 Parking Within 0.5 km Fletchers 428 HIGH ST, For Sale Small Business Potential (STCA) 3 Beds - 1 Baths - 2 Parking Within 0.8 km LJ Hooker 61 MARINA DR, $509,000-$559,000 4 Beds - 1 Baths - 2 Parking Within 0.8 km Ray White 12 DRAKE CT, 469000 4 Beds - 2 Baths - 2 Parking Within 1.0 km Sweeney 53 MCKENZIE ST, $1,100,000 - $1,200,000 - CALL NOW! Beds - Baths - Parking Within 1.1 km LJ Hooker 20 LORIMER ST, Contact Zoe Crooks 6 Beds - 3 Baths - 2 Parking Within 1.4 km Bal Real Estate 8 KINKORA RD, Contact Suren Babu on 0431214007 Beds - Baths - Parking Within 1.4 km LJ Hooker 1 KINKORA RD, $429,000-$469,000 3 Beds - 1 Baths - 2 Parking Within 1.5 km Professionals UNIT 5, 20-24 PALMERSTON ST, $390,000 to $420,000 2 Beds - 1 Baths - 2 Parking Within 1.5 km OneAgency 21 CONNEMARRA CCT, $750,000-$800,000 4 Beds - 3 Baths - 2 Parking Within 3.1 km

Recently Sold Properties in this Area

About Melton

With an average age of 43, households expect an average monthly mortgage payment of $1,093 or a weekly rent payment of $290. The average family earns a weekly income of $1,196 with a typical household size of 2.2 and a 84.3% employment rate.

Consistent high demand relative to supply is a key feature in Melton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Melton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Melton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Melton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Melton we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melton a better buying opportunity than it may have been in the past.

Public Transport

Melton

Wyndham Vale train

Tarneit

Caroline Springs train

Cobblebank train

Ardeer

Laverton

Rockbank

Aircraft

Hoppers Crossing

General Points of Interest

Tarneit Central Shopping Centre sport

Club Claremont

Manor Lakes Central Shopping Centre

Riverdale Village Town Centre shopping

Opalia Plaza

Hogans Corner Shopping Centre

Wyndham Village Shopping Centre

Tarneit Gardens Shopping Centre

Tarneit Central Shopping Centre

Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 3029 asthma sufferers and 1374 people living with diabetes. In addition, 1035 people have a heart/vascular condition and 2529 people live with three or more chronic diseases.

A good place to invest in property?

Melton a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

39 / 100

52 / 100

Industry

09 / 100

17 / 100

Population

36 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

31 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Melton Secondary College Melton West Primary School
Kurunjang Secondary College
Melton, VIC, 3337 State 7-12
Melton Specialist School
Melton, VIC, 3337 State U
Coburn Primary School
Melton South, VIC, 3338 State Prep-6
Melton Secondary College
Melton, VIC, 3337 State 7-12

Property Story

8 Tern Court, Melton, Vic, 3337 is a residential property . The estimated distance to the sea is 30.58km and at least 1.61KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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