Download your FREE reports now!

Investment Property Melton, VIC, 3337

Suburb Snapshot

Melton is a suburb in the Melton Region of Victoria. Melton has a population of 8,069 people and 28.28% of its occupants live in rental accommodation. The median listing price for houses is $480,000 and this has changed 0.20% over the past year and changed -1.85% over 2 years.

The median rent in Melton for houses is $400 per week and the median rental yield is 4.33%. Stock on the market for houses/townhouses has changed -48.35% compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is $369,000 and this has changed 2.50% over the past year. The average unit takes 49 days to sell and the median rent for a unit in Melton is $350 per week, producing a rental yield of 4.93%.

Supply & Demand in Melton, Melton

1.55%

Current vacancy rate


61

Rental stock available


8,069

Population


28.28%

Rental population


1.02%

Current vacancy rate


615

Rental stock available


135,440

Population


19.54%

Rental population


0.93%

Current vacancy rate


28,886

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, Melton

  House Townhouses Units
Median listing price $480,000 NA $369,000
Median price change - last quarter 0.20% NA 0.00%
Median price change - 1 year 0.20% NA 2.50%
Median price change - 2 years -1.85% NA 8.52%
  House Townhouses Units
Median weekly rent $400 $415 $350
Median yield % 4.33% NA 4.93%
Median rent change - 1 year 8.10% NA 6.06%
  House Units
Previous month sales 11 2
Stock on market previous month 47 5
Stock variance vs. last year -48.35% -50.00%
Average days on market 119 49

Melton investment property listings

Showing 5 of 142 investment properties found in Melton on realestateinvestar.com.au

6/45-47 Palmerston St, Melton

$500,000

property pic

Spacious Townhouse In Central Melton For Home Owners And Investo

Four-bedroom townhouses with this kind of space are a rare and exciting find. Thoughtfully designed for comfortable family living, this home offers generous interiors, plenty of storage, and a layout that makes everyday life feel easy and relaxed. Step outside and enjoy the benefits of a ...

Get more info on this property
rei

4

rei

2

rei

2

Unit

VIC 3337


4 Barries Rd, Melton

$499,000

property pic

Gem with Side Drive-Through Access in the Heart of Melton on 585

Ray White proudly presents 4 Barries Road, Melton - a charming and well-maintained home offering the ideal blend of comfort, convenience, and space. Perfectly positioned in a great location close to schools, shops, public transport, and parklands, this residence is ready for families, first-home ...

Get more info on this property
rei

3

rei

1

rei

3

House

VIC 3337


74 Gretel Grove, Melton

$730,000

property pic

Spacious 5-Bedroom Family Home with Multiple Living & Outdoor En

Westside Realty Group Presents A 5 Bedroom, 3 Bathroom Masterpiece, Located opposite a peaceful family park and just five minutes from central Melton, this grand residence sits on a generous 579m² (approx.) allotment, delivering the perfect blend of space, comfort, and convenience for growing ...

Get more info on this property
rei

5

rei

3

rei

4

House

VIC 3337


39 Killarney Dr, Melton

$1,849,000

property pic

FAMILY DREAM HOME WITH STUNNING VIEWS ON AN ACRE (APPROX.)

It's not often a home of this calibre and class comes onto the property market. With expansive living quarters and endless opportunity with the space on offer, your dream awaits you at your new Killarney Lake's address. Arguably situated on one of the best streets in Melton with sweeping ...

Get more info on this property
rei

4

rei

2

rei

0

House

VIC 3337


10/51-55 Tullidge St, Melton

$499,000

property pic

Modern 3-Bedroom Townhouse in the Heart of Melton

A fantastic opportunity for first home buyers, investors and downsizers alike. Centrally located close to schools, shops, public transport and Melton Botanical Gardens, this cosy townhouse offers low maintenance living at an affordable price. Once you enter you are greeted by a large formal lounge ...

Get more info on this property
rei

3

rei

2

rei

2

Unit

VIC 3337


Navigate to more Suburbs, Regions or States