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14 Richard Road, Melton South!VENDOR MUST SELL!Rented@420/week
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14 Richard Road

Melton South, VIC 3338, Australia
!VENDOR MUST SELL!Rented@42…
3 bed 1 bath 2 car585 m²

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About this property

14 Richard Road, Melton South VIC is a fantastic opportunity positioned on a generous block in a highly convenient and fast-growing location. Offering 3 bedrooms, 1 bathroom, and accommodation for up to 3 cars, this property is well suited to investors, developers, or buyers looking for strong future potential. Set on a large allotment with subdivision potential (STCA), the property presents excellent long-term upside. It is already leased to tenants, providing immediate rental income from settlement, making it an attractive, low-maintenance investment option in an established rental market. The home features a practical layout including a functional kitchen, separate laundry, and a comfortable living area that flows out to an alfresco space, ideal for outdoor entertaining. The spacious backyard further enhances the appeal, offering plenty of room for families, pets, or future development possibilities. Positioned in a prime location, the property is within close proximity to Melton South Train Station, local schools, freeway access, and a full range of shops and amenities. With strong demand in the area and excellent connectivity, this property combines immediate returns with outstanding future growth potential. For further information or to arrange an inspection, please contact: Ajay Sharma 0469 709 826 Eland Real Estate Disclaimer: All information provided has been prepared with care; however, no guarantee is given as to its accuracy. Interested parties should make their own enquiries and rely on their own investigations. Images may include digitally enhanced elements for presentation purposes.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
585 m²
Listed
1 month ago

Repayment calculator

$3,056/month
$1,528 /fortnight
Loan $504,318 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$126,080
Stamp duty$32,894
Conveyancing (est.)$2,000
Total upfront$160,973
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melton South

This 3-bedroom house in Melton South, VIC 3338 sits within reach of public transport, local shops and nearby schools.

Schools near Melton South

  • Al Iman Collegecombined · Prep-12 · CoEd
  • Coburn Primary Schoolprimary · Prep-6 · CoEd
  • Melton South Primary Schoolprimary · Prep-6 · CoEd
  • St Anthony's Schoolprimary · Prep-6 · CoEd
  • Staughton Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)738 m away
  • Coles740 m away
  • Blackwood Drive Recreation Reserve296 m away
  • Unnamed315 m away
  • Unnamed408 m away

Melton South at a glance

Full suburb profile
Population
11,362
Median age
35
Household income
$1,209/wk
Median rent
$300/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melton South price trend

Median sold · House 3 bed

Compound growth +3.2% / yr over 4 yrs

$545kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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