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Investment Property Melton South, VIC, 3338

Suburb Snapshot

Melton South is a suburb in the Melton Region of Victoria. Melton South has a population of 11,518 people and 27.81% of its occupants live in rental accommodation. The median listing price for houses is $579,000 and this has changed 1.57% over the past year and changed 1.75% over 2 years.

The median rent in Melton South for houses is $420 per week and the median rental yield is 3.77%. Stock on the market for houses/townhouses has changed 23.56% compared to last year and the average time to sell a house/townhouse is 250 days.The median listing price for units is $369,000 and this has changed 2.78% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Melton South is $350 per week, producing a rental yield of 4.93%.

Supply & Demand in Melton South, Melton

1.75%

Current vacancy rate


109

Rental stock available


11,518

Population


27.81%

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 South, Melton

  House Townhouses Units
Median listing price $579,000 NA $369,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 1.57% NA 2.78%
Median price change - 2 years 1.75% NA 5.73%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.77% NA 4.93%
Median rent change - 1 year 5.00% 5.00% 2.94%
  House Units
Previous month sales 27 3
Stock on market previous month 257 10
Stock variance vs. last year 23.56% -9.09%
Average days on market 250 83

Melton South investment property listings

Showing 5 of 322 investment properties found in Melton South on realestateinvestar.com.au

1606 Capstone Cct, Melton South

$527,808

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Highly Affordable H&L Package

* Mimosa Homes New Added Value Inclusions: - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - 50 Year Structural Warranty! -Landscaping Included! -Driveway Included! -Blinds Throughout! - Quality floor coverings throughout entire home! - Double Glazed Awning ...

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House

VIC 3338


1611 Capstone Cct, Melton South

$598,140

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4 Bedrooms H&L Package at Affordable Price

* Mimosa Homes New Added Value Inclusions: - 50 Year Structural Warranty! - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - Double Glazed Awning windows! - 2000mm High ...

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House

VIC 3338


1614 Capstone Cct, Melton South

$654,720

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4 Bedrooms H&L Package

* Mimosa Homes New Added Value Inclusions: - 50 Year Structural Warranty! - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - Double Glazed Awning windows! - 2000mm High ...

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House

VIC 3338


34 Stockwell St, Melton South

$880,000

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A Home That Grows With You - Space, Comfort & Lifestyle Combined

*Inspections by private appointment only* *Contact Dimi* A home that truly understands the rhythm of family living, where space, comfort and thoughtful design come together to create something special. Positioned on approximately 553m² within the highly sought-after and coveted Belle Gardens ...

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House

VIC 3338


6 Brand Ct, Melton South

$709,000

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Beautiful Maintained family home in the heart of Melton South

Reliance Real Estate Melton is proud to present this beautifully maintained family home, offering a lifestyle of comfort, space, and convenience in the heart of the rapidly growing Melton South market. Set on approximately 712m², this impressive residence boasts a free-flowing floor plan with ...

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VIC 3338


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