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Investment Property Melton, VIC

Region Snapshot

Melton is a region in Victoria, Australia. Melton has a population of 135,440 people and 19.54% of its occupants live in rental accommodation. The median listing price for houses is $590,000 and this has changed -1.51% over the past year and changed 7.27% over 2 years.

The median rent in for houses is $430 per week and the median rental yield is 3.78%. Stock on the market for houses/townhouses has changed -0.98% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $390,000 and this has changed 1.96% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $350 per week, producing a rental yield of 4.66%.

Supply & Demand in Melton

0.75%

Current vacancy rate


446

Rental stock available


135,440

Population


19.54%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Melton

  House Townhouses Units
Median listing price $590,000 $500,000 $390,000
Median price change - last quarter 0.00% 0.00% 0.25%
Median price change - 1 year -1.51% -0.40% 1.96%
Median price change - 2 years 7.27% 13.63% 2.63%
  House Townhouses Units
Median weekly rent $430 $420 $350
Median yield % 3.78% 4.36% 4.66%
Median rent change - 1 year 10.25% 6.32% 2.94%
  House Units
Previous month sales 45 0
Stock on market previous month 1,115 37
Stock variance vs. last year -0.98% -46.38%
Average days on market NA NA

Melton investment property listings

Showing 5 of 1,151 investment properties found in Melton on realestateinvestar.com.au

Kingdom Boulevad, Lot: 1823, Melton South

$537,888

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Warm and inviting, the smallest member of the 21 range is by no means short on features and charm, including 3-bedrooms, master ensuite, walk-in robe and an open-plan living space. All your essential features are included in this narrow footprint - suitable for a minimum 10.5m lot width. If you ...

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VIC 3338


22 Himalaya Dr, Diggers Rest

$669,000

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Your new home awaits in Bloomdale estate!

Reliance Real Estate Sunbury is delighted to present this stunning 4-bedroom home nestled in the heart of the Bloomdale estate in Diggers Rest. Sitting on a large landscaped block (400 sqm) with plenty of space for entertaining the residence features a master bedroom with an ensuite, alongside ...

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VIC 3427


44 Oneills Rd, Melton

$399,000

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NEST OR INVEST IN CENTRAL LOCATION!!

Set on a massive 580m2 (approximately) allotment this property is certain to spark the interest of those seeking a home that places a huge emphasis on location, has all the right elements to deliver a comfortable lifestyle for the busy family, located just minutes from the high street business ...

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VIC 3337


20 Muckleford St, Eynesbury

$585,000

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The Brief: Great family home or perfect investment!

It's Addressed: Found in a vibrant, family-oriented estate near the scenic locales of parks, walking tracks and the local golf course, this near-new single-story home offers a prime position within walking distance to Eynesbury Primary School and within the catchment area for Staughton College. A ...

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VIC 3338


LOT 1120 Holloway Road (Maplewood Estate), Melton South

$518,055

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Designed to effortlessly adapt to the demands of busy lifestyles

With three bedrooms, a large master bedroom with walk-in wardrobe and ensuite and an extra living space, this modern home is perfect for retirees, couples, small families or investors. All plans and facades are indicative concepts only and are not intended to be accurate depictions. Mimosa Homes ...

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VIC 3338


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