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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 $479,000 and this has changed -2.05% over the past year and changed 4.35% over 2 years.

The median rent in Melton for houses is $370 per week and the median rental yield is 4.01%. Stock on the market for houses/townhouses has changed 8.43% compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is $360,000 and this has changed 5.88% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Melton is $330 per week, producing a rental yield of 4.76%.

Supply & Demand in Melton, Melton

1.28%

Current vacancy rate


49

Rental stock available


8,069

Population


28.28%

Rental population


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, Melton

  House Townhouses Units
Median listing price $479,000 NA $360,000
Median price change - last quarter 0.00% NA 0.13%
Median price change - 1 year -2.05% NA 5.88%
Median price change - 2 years 4.35% NA 5.88%
  House Townhouses Units
Median weekly rent $370 $355 $330
Median yield % 4.01% NA 4.76%
Median rent change - 1 year 8.82% 1.42% 8.19%
  House Units
Previous month sales 5 0
Stock on market previous month 90 5
Stock variance vs. last year 8.43% -44.44%
Average days on market 99 75

Melton investment property listings

Showing 5 of 112 investment properties found in Melton on realestateinvestar.com.au

23 Milverton St, Melton

$560,000

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Stunning four bedroom home

One Agency Yasin Property is proud to present this stunning property. Perfect for first-home buyers, investors and families that are looking for comfort and quality. This property is fully renovated and comprises four large bedrooms. The master bedroom is spacious and has a large brand-new, ...

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House

VIC 3337


1/88 Barries Rd, Melton

$379,000

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PERFECT OPPORTUNITY

Situated in the sought after Central Melton this property sits in close proximity to all amenities including: Woodgrove Shopping Centre, all levels of schooling, bus stops, freeway entrance, parks and so much more, this property is the perfect opportunity for all buyers entering the property ...

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Unit

VIC 3337


3 Vim St, Melton

$480,000

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CENTRAL CHARMER

This beautifully renovated 3 bedroom home is conveniently situated near the High Street business district, making it easily accessible. It comprises three spacious bedrooms, including a master bedroom with its own ensuite bathroom. The ample-sized lounge area boasts gleaming polished floorboards, ...

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House

VIC 3337


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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House

VIC 3337


39 Darlingsford Blvd, Melton

$540,000

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Welcome to your new home!

As you step through the door of this double-storey residence, you'll be greeted by a grand formal living room, perfect for entertaining guests or simply unwinding after a long day. Conveniently located nearby is a powder room, ensuring comfort and practicality for you and your visitors. Prepare to ...

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House

VIC 3337


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