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5 Crestmont Drive, Melton South! OFFERS INVITED !
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5 Crestmont Drive

Melton South, VIC 3338, Australia
Offers over
3 bed 1 bath 4 car931 m²

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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

Repayment calculator

$2,986/month
$1,493 /fortnight
Loan $492,736 at 6.10% over 30 years

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

Upfront costs

Deposit$123,184
Stamp duty$32,025
Conveyancing (est.)$2,000
Total upfront$157,209
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 (train)165 m away
  • Coles556 m away
  • Mount Carberry Recreation Reserve337 m away
  • Unnamed550 m away
  • Kurrajong Reserve587 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Melton South market

Within 5km

Nearby Properties

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