Taking its name from a beautiful flower, Pennyroyal Housing Estate in the Melton Shire features numerous parks, winding walking trails and plenty of open space.
An independent survey has done an analysis of Median Lot Land Prices for surrounding areas in Melbourne’s West:-
Point Cook – $275,000
Brimbank – $234,000
Hoppers Crossing District – $203,000
Melton – $163,000
Source: National Land Survey
from CKC/Research 4, Dec 2012
On offer is a smaller sized block of land in Melton, but you can obtain it for more than $60,000 less than the asking median market price. Wow!
There are several house designs that can accommodate this block of land, which you may wish to enquire about. Please refer to setback building guideline drawing which is featured in this property listing, if you are looking to do a custom house design.
Melton is only a 33-minute drive from Melbourne.
And has good access to the Western Freeway, Westgate Highway, Calder Highway, Melton Highway and City Link make travelling a breeze.
The immediate surrounding area is well catered for amenities such as shops, schools, sport facilities etc…