10 Frobisher Street, Melton VIC 3337

3 beds | 1 bath | 4 car spaces | 588sqm | Melton VIC | above median priced | 7 days on market This property’s competitive edge lies in its generous land size and ample parking for a three-bedroom house, rare in Melton’s current listings. Positioned above the suburb median, it signals a seller confident in its unique configuration, best suited for families needing extra vehicle storage or investors seeking a high-yield rental with land upside. The short market time suggests limited price fatigue, giving a buyer early bargaining leverage if acted on promptly. The key risk is the single bathroom, which may cap resale appeal for larger families and extend holding periods. However, the 588sqm lot offers subdivision potential subject to council approval, offsetting that constraint. Given the 77% auction clearance and rapid 16-day average sale, this property is best held as a long-term landbank or renovated for rental income, not a quick flip.