6/63-65 Staughton Street, Melton South VIC 3338
6/63-65 Staughton Street, Melton South VIC 3338
2-bed unit in small complex | well-presented condition | investor-focused listing | near primary & secondary schools
This unit presents a competitively priced, low-maintenance entry into the Melton South market, best suited for an investor seeking immediate yield. Its strength lies in its turnkey condition within a known complex, proximity to government schools, and a price point that aligns with historical rental returns. For a first-time investor or a portfolio builder, it offers a straightforward, lower-cost holding with calculated, income-focused returns.
The decision hinges on accepting the limitations of a small lot within a multi-unit complex, which caps capital growth relative to standalone houses and concentrates risk to the building’s overall maintenance. The commercial logic is clear: secure a tenant to service the mortgage, but expect modest appreciation. This is a hold-for-income property, not a strategic land play. Proceed only if the numbers meet your yield threshold, as its value will be dictated by rental demand, not scarcity.
Recent sales within the same complex provide the most relevant benchmark:
– Unit 7 (3 bed, 2 car): Sold Jan 2026 for $430,000; currently listed at $420,000-$440,000.
– Unit 5 (2 bed, 1 car): Sold May 2016 for $170,000.
The 2016 sale is too dated to be a direct price guide but indicates long-term holder history. The active listing and recent sale of the larger three-bedroom unit suggest a firm market for the complex, placing this two-bedroom unit’s $390,000-$420,000 guide in a credible, lower tier. This supports its positioning as a value-entry point within the building.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/63-65 Staughton Street, Melton South VIC 3338
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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