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9 Norma Street

Melton, VIC 3337, Australia
$350,000
1 bed 1 bath 1 car

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Area Price Guide
$329,000$371,000

Indicative price guide range

🏘️
66
Comparable
📊
$580,000
Area median
⚖️
-40%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Perfectly positioned in a central and highly sought-after pocket of Melton, these six well-maintained one bedroom units at 9 Norma Street present an exceptional opportunity for investors, downsizers, or buyers seeking long-term, low-maintenance living. Available to purchase individually, in pairs, or as a complete portfolio, this is one of the most flexible and unique offerings to hit the Melton market. Strong Rental Returns & Long-Term Tenants All six units are currently leased, with long standing tenants who have lived in the complex for many years and would love to stay onproviding immediate income security and strong rental continuity. Current rental details: * Unit 1: $1,543 per month (month-to-month) * Unit 2: $620 per fortnight, increasing to $690 per fortnight from 27/02/2026 * Unit 3: $345 per week (month-to-month) * Unit 4: $1,412 per month, increasing to $1,543 per month from 18/06/2026 * Unit 5: $300 per week (month-to-month) * Unit 6: $345 per week (month-to-month) This solid rental structure offers buyers a rare mix of stable income, future rental growth, and long-term occupancy. Well-Designed, Low-Maintenance Living Each unit features: * A spacious one-bedroom layout * Gas cooking * A split-system for heating and coolingensuring all-year-round comfort * Functional interiors in excellent condition * Private, low-maintenance surrounds Whether you're expanding your investment portfolio or looking to move into a quiet, friendly complex, these units offer unbeatable value and flexibility. Prime Melton Location Positioned close to: * Melton CBD * Local shops and essential services * Schools and childcare * Transport options * Parks and walking paths This central address appeals strongly to both tenants and owner-occupiers. The Ideal Investment or Downsizing Opportunity Buyers can secure: * One unit * Multiple units * Or the entire block of six Whether you're seeking long-term rental income, planning to downsize into a well-established neighbourhood, or looking for a rare bulk investment opportunity, 9 Norma Street delivers on every front.

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,697/month
    $848 /fortnight
    Loan $280,000 at 6.10% over 30 years

    Upfront costs

    Deposit$70,000
    Stamp duty$16,070
    Conveyancing (est.)$2,000
    Total upfront$88,070
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    2 months ago

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