19 Yuille Street, Melton VIC 3337

19 Yuille Street, Melton VIC 3337
Large block opposite golf course | Heritage overlay flagged | 4-bedroom family home | Tightly held Melton pocket This property offers a rare combination of a substantial 2,050 sqm landholding and a direct golf course outlook in a tightly held residential pocket of Melton. The 266 sqm home with four bedrooms and two bathrooms provides immediate family accommodation, while the low 13% building coverage signals significant future potential. For a buyer seeking land banking, lifestyle amenity, or eventual redevelopment, the positioning opposite open space and the scarcity of similar blocks in this area create a competitive advantage. The property is best suited to a buyer with medium-term horizons who values both current space and optionality. The heritage overlay is the primary risk and must be investigated before commitment, as it may constrain subdivision, extensions, or significant alterations. The price gap between the $901,000 estimated value and the $1.1Mโ€“$1.2M asking range suggests the premium reflects the land size and location rather than the dwelling itself. A buyer should verify planning controls with the Melton council and assess whether the overlay permits the intended use. If the overlay allows reasonable development, the property represents a strategic acquisition in a supply-constrained area with strong lifestyle appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 19 Yuille Street, Melton VIC 3337
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Market Insight:

Melton is a well-established regional centre offering relative affordability within commuting distance of Melbourne. Demand is driven by buyers seeking value, supported by strong recent capital growth in the housing market, which is characterised by brisk sales and high clearance rates. Future growth is underpinned by its established infrastructure and community, though its trajectory remains sensitive to broader economic conditions influencing buyer affordability.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

2050mยฒ

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