VIC Melton South - investor buying groups

Discussion in 'Where to Buy' started by sash, 30th Apr, 2016.

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  1. Air_Bender

    Air_Bender Well-Known Member

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  2. craigc

    craigc Well-Known Member

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    Already under offer!
     
  3. sash

    sash Well-Known Member

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    They might get it....a friend sold his which was 1000sqm 2 months ago for 480k!

     
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  4. Air_Bender

    Air_Bender Well-Known Member

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    Just saw that...absolutely insane! :eek:

    The listing was just put up this morning!!!
     
  5. Air_Bender

    Air_Bender Well-Known Member

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    Your friend made a killing! :eek:

    This property is already under contract. Melton South is showing now signs of slowing down.
     
  6. sash

    sash Well-Known Member

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    You mean no signs of slowing down....?

    I can't see it slowing for a while...
     
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  7. Air_Bender

    Air_Bender Well-Known Member

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    Stupid auto-correct! Yes, I meant no signs of slowing down.

    I think investors are seeing good value in Melton South and this is only driving growth in the suburb.
     
  8. Air_Bender

    Air_Bender Well-Known Member

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    15 Crestmont Drive, Melton South, Vic 3338 - Property Details

    You were right @sash. Sold for $1,050,000... the same day it was listed. :eek:

    This was another place I thought had some potential. But that price guide of $299k - $329k seemed a little on the low side considering the location and land size. Just sold for $395k.
    1 Fraser Street, Melton South VIC 3338 - House For Sale - 2013770346
     
  9. sash

    sash Well-Known Member

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    Yep...it is going knuts.....people laughed 12 months ago...now....forget about Mt Druitt in Sydney...these suburbs are okay and not as dangerous.....I can mid to high 4s before things quieten...
     
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  10. Air_Bender

    Air_Bender Well-Known Member

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    Another one... :D

    86 Hume Avenue Melton South Vic 3338 - House for Sale #126022874 - realestate.com.au

    6 months ago you probably could've picked this up for somewhere in the low to mid $300s.

    Sold over the weekend for $410k! :eek:
     
  11. JD86

    JD86 Member

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    Melton South has certainly picked up. I purchased earlier this year walking distance to train station for low 300s.
    A few dwellings on similar blocks in the immdeiate area have gone above $400k.

    Hope the growth can continue for a while to come.
     
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  12. RetireRich101

    RetireRich101 Well-Known Member

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    There are discrepancies in your Sash. Above you say your friend got 480k. However below you say they got over 500k. I hope it's the same friend here

    VIC - Melton South or Norlane
    " My friend who bought a fire sale in 2011 just put it on the market and got over 500k for a 1000sqm block"

    is it this property that was purchased in May 2011 for 360k?
    35 Staughton Street, Melton South, Vic 3338 - View Sold History & Research Property Values - realestate.com.au
     
  13. sash

    sash Well-Known Member

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    Nope dipstick....despite you bagging Melton South..it has performed.

    Please get a life...you won't share anything you have done...under the guise of privacy...given your fascination with others...I don't they would disclose anything to you.

    Oh...please don't bring venerable daughter and wife.....I am sure they are embarrassed by you also. :p
     
  14. RetireRich101

    RetireRich101 Well-Known Member

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    No Sash I did not bag about Melton like the way you bag Logan. Melton is finally doing well on the back of Melbourne boom. Your buy and pray finally coming true after 10 years. I am questioning the discrepancy you made. No need name calling here. Be nice.

    Most people disguise under their alias. I am pretty sure your name is not sash, nor I am rich. This is an Internet forum. The way you troll me in Logan development and accuse me selling out of Sydney quietly is already enough info for you right? I am not like you telling all the place I buy into, hype it and tell its worth this much and that, if you even call that sharing information.

    Why the personal attack? Why bring my wife and daughter in the topic, repeatedly ? Can you leave them out in your future post as I felt intimidated by your poor act Sash
     
  15. the world is your oyster

    the world is your oyster Well-Known Member

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    Any one interested in buying a house in melton off market deal ? Pm me
     

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