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About this property
Eland Real Estate Proudly Presents 5 Crestmont Drive, Melton South Set on an expansive 931sqm (approx.) allotment, this exceptional property offers a rare combination of space, location, and future potential in one of Melton South's most strategically positioned pockets. For savvy investors, developers, and property flippers, the true value lies in the land. The substantial block size presents exciting scope for a multi-dwelling development of 34 units (STCA) or a rewarding renovation project, providing the opportunity to maximise returns in a high-growth area. The existing home is comfortable and well-maintained, making it ideal to move in, rent out, or update over time. It comprises three generous bedrooms, a central bathroom, secure parking for two vehicles, and heating and cooling for year-round comfort. The expansive backyard enhances the sense of space and flexibility, creating the perfect environment for young families to raise their children, with plenty of room to play, entertain, and grow. It also offers excellent potential for those who enjoy outdoor living, with ample space for a vegetable garden, landscaping, or creating your own private green retreat. Positioned directly opposite Melton South Train Station, the property offers outstanding convenience with easy access to Melbourne's CBD. It is also located close to quality schools, shopping centres, parks, and everyday amenities, making it an ideal choice for families and commuters alike. Whether you're a first-home buyer, growing family, investor, renovator, or gardening enthusiast, this is a standout opportunity to secure a premium landholding with exceptional upside in a thriving location. 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
- 4
- Land Area
- 931 m²
- Listed
- 2 months ago
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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 (train) — 165 m away
- Coles — 556 m away
- Mount Carberry Recreation Reserve — 337 m away
- Unnamed — 550 m away
- Kurrajong Reserve — 587 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
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Melton South marketSide-by-side analysis
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