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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

18 Mcdonald Street
Melton South, VIC 3338

$600,000

House 3 beds 1 bath 2 cars 587 m²
Listed Date: 26th May 2026
Overview

Great Location in RGZ1 on Approx. 583m² - Prime Investment in the Heart of Melton South

Positioned in one of Melton South's fastest-growing and most strategically located pockets, this outstanding property presents an exceptional opportunity for investors, land bankers, and future developers looking to secure a foothold within the thriving western growth corridor.

Set on a substantial allotment of approximately 583 square meters within the sought-after Residential Growth Zone Schedule 1 (RGZ1), this property offers immediate rental return combined with exciting long-term potential, subject to council approval.

Conveniently located within walking distance to Melton South Train Station, local shopping precincts, primary and secondary schools, parklands, and everyday amenities, the location continues to attract strong tenant demand and ongoing infrastructure-driven growth.

The home itself offers a practical and functional floorplan comprising three generously sized bedrooms, all fitted with built-in robes, a central family bathroom, a spacious formal lounge area, an open-plan kitchen with ample bench space and storage, and an adjoining meals and family area.

The kitchen has been freshly renovated shortly before the current tenancy commenced, providing confidence in one of the home's most important value-add components while enhancing tenant appeal.

Stepping outside, the property impresses with a huge undercover pergola and decking entertainment area, creating the perfect space for entertaining family and friends all year round. Completing the package is a massive double car garage ideal for securely storing vehicles, tools, trailers, or weekend toys, while the long side driveway provides excellent off-street parking and easy access through to the rear of the property.

Currently leased at $430 per week on a month-to-month tenancy, the property provides immediate holding income while still allowing flexibility for future plans.

With Melton South continuing to experience significant population growth, infrastructure investment, transport demand, and increasing buyer activity, opportunities like this within RGZ1 are becoming increasingly difficult to secure.

Whether you are looking to expand your investment portfolio, land bank in a high-growth corridor, explore future development potential subject to council approval, or secure a strong rental property in a proven growth location, 18 McDonald Street is a smart acquisition with both present-day income and future upside.

Photo identification is required for all property inspections.

Image Disclaimer: Some images have been digitally enhanced for marketing presentation purposes, including brightness, colour correction, exposure adjustment, and virtual de-cluttering. No intentional changes have been made to the property's layout, room dimensions, permanent fixtures, structural features, or key property characteristics. Images are a guide only and buyers should rely on their own inspection, enquiries, measurements, and independent due diligence before making any purchasing decision.

Please refer to the provided links for the most recent due diligence checklist and privacy notice.

DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, responsibility for any errors is not accepted. Prospective buyers should conduct their own inquiries to verify the information provided.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
18 Mcdonald Street
Melton South VIC 3338
Measurements
Type Dimensions
Floor Area 175 m²
Market Insights for Melton South VIC 3338
New Listings (last 30 days)
7
Average price
$976,857
Lowest price
$554,000
Highest price
$2,400,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.