48 Monash Street, Melton South VIC 3338
48 Monash Street, Melton South VIC 3338
Renovated family house|three bedrooms two bathrooms|multiple living areas|larger-than-average block|active established market
A renovated three-bedroom, two-bathroom house on a block of roughly 590 square metres is regarded as a strong family offering in Melton South. The presence of multiple living areas and a separate dining space is considered a practical advantage over older single-living-area homes. Its position on an established street is seen as attractive to first-home buyers and young families seeking yard space and parking without inner-suburban prices. The property is well suited to owner-occupiers looking for a move-in-ready home, while its rental appeal is supported by a functional layout and modern connectivity.
The absence of a confirmed solar aspect and construction year may be weighed against the benefit of a renovated interior. Land size reported at 585 to 595 square metres might be interpreted differently by buyers. The two-bathroom configuration is likely to be valued positively relative to older three-bedroom homes. Market conditions and family buyer demand are expected to influence the final price more than individual features.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Monash Street, Melton South VIC 3338
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
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.
PropCred Estimated Value
Comparable Sales: 1 Monash Street (sold 2022) and 52 Monash Street (similar size) | Property Price Band: $500,000-$600,000 | Value Drivers: renovated condition, land area, two bathrooms
Bedrooms
3
Bathroom
2
Parking
2
Land
585m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 8 Oakes Place, Golden Square VIC 3555 — 6 bed · 4 bath · 2 car
- 72 Breasley Parkway, Point Cook VIC 3030 — 4 bed · 2 bath · 2 car
- 94 Lawn Cres, Braybrook VIC 3019 — 3 bed · 2 bath · 1 car
- 1 Carlow Walk, Lalor VIC 3075 — 3 bed · 2 bath · 2 car
- 7 Grant Street, Sebastopol VIC 3356 — 3 bed · 2 bath · 1 car
- 491 Napier Street, White Hills VIC 3550 — 3 bed · 1 bath · 1 car
- 1/84 Opie Road, Albanvale VIC 3021 — 3 bed · 2 bath · 1 car
- 263 Horsham-Noradjuha Road, Lower Norton VIC 3401 — 4 bed · 3 bath · 2 car
- 164 Aylmer Road, Lyndhurst VIC 3975 — 4 bed · 2 bath · - car
- 13 Hemsley Drive, Deer Park VIC 3023 — 4 bed · 2 bath · 2 car
- 189 Cherry Tree Road, Bailieston VIC 3608 — 2 bed · 1 bath · 1 car
- 7 Oakdene Court, Ballarat North VIC 3350 — 4 bed · 2 bath · - car
- 15 Cavendish Street, Portland North VIC 3305 — 5 bed · 2 bath · 2 car
- 5 Kent Court, Mansfield VIC 3722 — 4 bed · 2 bath · 1 car
- 8 Rogers Court, Sunbury VIC 3429 — 4 bed · 2 bath · 2 car
- 15 Dexter Grove, Point Cook VIC 3030 — 3 bed · 2 bath · 2 car
- 895 Sayers Road, Tarneit VIC 3029 — 4 bed · 2 bath · - car
- 9 Bovard Close, Caroline Springs VIC 3023 — 3 bed · 2 bath · - car
- 3/11 Mckenzie Street, Melton VIC 3337 — 2 bed · 1 bath · - car
- 22 Rice Flower Cres, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 24 Cotton Field Way, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 26 Westmelton Drive, Melton West VIC 3337 — 4 bed · 1 bath · 1 car
- 62 Grace Street, Melton South VIC 3338 — 4 bed · 1 bath · 1 car
- 18 Gleneagles Drive, Melton West VIC 3337 — 3 bed · 2 bath · 3 car
- 14 Cook Road, Melton South VIC 3338 — 3 bed · 1 bath · 2 car
- 14 Glenorchy Street, Eynesbury VIC 3338 — 4 bed · 2 bath · 2 car
- 36 Sumac Street, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 20 Alkington Street, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 6 Beaury Avenue, Cobblebank VIC 3338 — 4 bed · 2 bath · 2 car
- 109 Botanica Springs Boulevard, Brookfield VIC 3338 — 3 bed · 2 bath · 2 car
- 6 Sheepfold Court, Melton West VIC 3337 — 3 bed · 1 bath · 1 car
- 6 Ryan Court, Melton VIC 3337 — 3 bed · 3 bath · 3 car
- 6 Glenelg Court, Brookfield VIC 3338 — 3 bed · 1 bath · 4 car
- 60 Alabaster Avenue, Cobblebank VIC 3338 — 4 bed · 2 bath · 2 car
- 3/9 Petrea Place, Harkness VIC 3337 — 2 bed · 1 bath · 1 car
- 38 Embleton Chase, Weir Views VIC 3338 — 3 bed · 2 bath · 2 car
- 14 Halford Way, Strathtulloh VIC 3338 — 3 bed · 2 bath · 2 car
- 5/35 Tullidge Street, Melton VIC 3337 — 3 bed · 2 bath · 2 car
- 7 Jeune Place, Kurunjang VIC 3337 — 4 bed · 2 bath · - car
- 18 Statesman Drive, Kurunjang VIC 3337 — 4 bed · 2 bath · 2 car
- 45 Richard Road, Melton South VIC 3338 — 3 bed · 1 bath · 2 car
- 22 Fraser Street, Melton South VIC 3338 — 4 bed · 2 bath · 2 car
- 148 Atherstone Boulevard, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 150 Atherstone Boulevard, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 55 Palara Drive, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 1 Weeks Avenue, Harkness VIC 3337 — 3 bed · 2 bath · 2 car
- 49 Falcon Drive, Melton VIC 3337 — 3 bed · 1 bath · - car
- 66 Basildon Cres, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 4 Sandra Street, Melton VIC 3337 — 4 bed · 2 bath · 2 car
- 83 Fairhaven Boulevard, Melton West VIC 3337 — 4 bed · 2 bath · 2 car
- 25 Light Fingers Street, Kurunjang VIC 3337 — 4 bed · 2 bath · 2 car
- 121 Palmerston Street, Melton VIC 3337 — 3 bed · 1 bath · 2 car
- 59 First Avenue, Melton South VIC 3338 — 4 bed · 1 bath · 1 car
- 4 Churchill Way, Melton West VIC 3337 — 4 bed · 2 bath · 2 car
- 1/19 Toolern Street, Melton South VIC 3338 — 3 bed · 1 bath · 1 car
- 5 Pinnibar Way, Weir Views VIC 3338 — 4 bed · 3 bath · 2 car
- 79 Grace Street, Melton South VIC 3338 — 5 bed · 2 bath · - car
- 45 Henry Street, Melton VIC 3337 — 3 bed · 1 bath · 2 car
- 44 Rees Road, Melton South VIC 3338 — 3 bed · 1 bath · 2 car
- 3 Irvine Avenue, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 285 Harkness Road, Harkness VIC 3337 — 4 bed · 2 bath · 2 car
- 5 Yallourn Place, Strathtulloh VIC 3338 — 5 bed · 3 bath · 2 car
- 61 Coltan Avenue, Cobblebank VIC 3338 — 4 bed · 2 bath · 2 car
- 53 Atherstone Boulevard, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 1/25 Lomandra Bowl, Harkness VIC 3337 — 3 bed · 2 bath · 2 car
- 60 First Avenue, Melton South VIC 3338 — 3 bed · 2 bath · 3 car
- 8 Letchworth Street, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 7 Chanticleer Avenue, Harkness VIC 3337 — 4 bed · 2 bath · 2 car
- 13 Rosemont Rise, Harkness VIC 3337 — 4 bed · 2 bath · 2 car
- 40 Riddle Drive, Melton VIC 3337 — 3 bed · 1 bath · 2 car
- 35 Sanctum Drive, Weir Views VIC 3338 — 4 bed · 2 bath · 2 car
- 3/21 Joan Street, Melton VIC 3337 — 2 bed · 1 bath · 1 car
- 5 Crowlands Circuit, Eynesbury VIC 3338 — 4 bed · 2 bath · 2 car
- 14 Leyana Cres, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 5 Wimbledon Boulevard, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 22 Knebworth Drive, Strathtulloh VIC 3338 — 2 bed · 1 bath · 1 car
- 8 Tulkara Street, Eynesbury VIC 3338 — 4 bed · 2 bath · 2 car
- 16 Bernard Drive, Melton South VIC 3338 — 4 bed · 2 bath · 2 car
- 8 Chandler Way, Cobblebank VIC 3338 — 4 bed · 2 bath · 2 car
- 6 Gretel Grove, Melton VIC 3337 — 3 bed · 2 bath · 4 car
- 24 Macalister Grove, Cobblebank VIC 3338 — 3 bed · 2 bath · 2 car
- 8 Arnold Court, Melton VIC 3337 — 3 bed · 1 bath · 4 car
- 11 Nantha Way, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 36 Barleygrass Cres, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 7 Crawford Rise, Cobblebank VIC 3338 — 4 bed · 2 bath · 2 car
- 3/6 The Embankment, Kurunjang VIC 3337 — 3 bed · 1 bath · 1 car
- 10 Kilmore Street, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 11 Kurdweechee Road, Eynesbury VIC 3338 — 4 bed · 2 bath · 2 car
- 23 Moonah Avenue, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 25 Gem Cres, Cobblebank VIC 3338 — 4 bed · 3 bath · 2 car
- 40 Cobungra Road, Weir Views VIC 3338 — 4 bed · 2 bath · 2 car
- 30 Northstowe Cres, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 13 Dickens Street, Strathtulloh VIC 3338 — 3 bed · 2 bath · 2 car
- 17 Natalie Street, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 42 Gallery Avenue, Harkness VIC 3337 — 3 bed · 2 bath · 1 car
- 4 Effron Close, Melton South VIC 3338 — 4 bed · 2 bath · 1 car
- 58 Henry Street, Melton VIC 3337 — 3 bed · 2 bath · 5 car
- 31 Maracana Circuit, Strathtulloh VIC 3338 — 4 bed · 2 bath · 2 car
- 60 Fantail Way, Brookfield VIC 3338 — 4 bed · 2 bath · 2 car
- 1/32 Palara Drive, Strathtulloh VIC 3338 — 3 bed · 2 bath · 2 car