100 Albert Drive, Melton South VIC 3338
100 Albert Drive, Melton South VIC 3338
4-bedroom new build | 392sqm lot | Albert Drive, Melton South | modern family layout with designer finishes
This property presents a rare opportunity to acquire a brand-new four-bedroom residence on a compact but functional 392sqm lot in a street with 119 properties, where only three are currently listed. The three-bathroom configuration and open-flow design give it a competitive edge over older stock, serving families who prioritise move-in readiness and low maintenance. With 62% owner-occupancy in the suburb and a demographic skew toward younger households, the house is well-positioned for steady demand from buyers seeking modern finishes without renovation risk.
The primary risk lies in the lot size, which limits future subdivision potential and may deter buyers seeking larger outdoor space. The conflicting sale date records introduce minor uncertainty, but the January 2026 transaction at $735,000 provides a clear recent benchmark. For a buyer, the property is best held as a long-term family home, capitalising on the area’s improving amenity and school zoning; any rental strategy would depend on local vacancy trends, though the $350/week figure appears inconsistent with the house’s quality and should be verified.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Melton South presents as an affordable entry point with a market characterised by robust sales activity and strong rental demand, particularly from local income earners. This demand is driving notable rental growth and relatively swift sales, especially for units. While recent house price growth has moderated compared to broader Melbourne, the market conditions remain active. Future performance may be constrained by its historical underperformance relative to the metropolitan average and local income levels.