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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 4 of 4 investment properties found in Melton South on realestateinvestar.com.au

30 Bindaree Dr, Melton South

$579,000

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Brand New Family Home in Prime Melton South Location Perfect fo

Positioned in the fast-growing suburb of Melton South, this stunning brand-new home delivers the perfect blend of modern design, comfort, and convenience. Ideal for first home buyers, families, or savvy investors, this beautifully finished residence offers low-maintenance living without ...

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VIC 3338


20 Kurrajong Cres, Melton South

$650,000

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Over 900m2 in GROWTH ZONE

Residential Growth Zone is where you will find this 3 bedroom home sitting on a HUGE 909 square meters of land. Just think of all the options you have for this wonderful property. You could simply land bank it a watch the value climb, redevelop and reap the immediate reward or simply rent the home ...

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VIC 3338


12 Turf Club Blvd, Melton South

$620,000

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Spacious Family Living with Modern Comfort & Potential Side Acce

Positioned in the growing and family-friendly suburb of Melton South, this well-designed home at 12 Turf Club Boulevard offers the perfect blend of comfort, functionality, and lifestyle. With a thoughtfully planned layout and multiple living zones, it's ideal for families, first-home buyers, or ...

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VIC 3338


Lot: 1128, Holloway Rd, Melton South

$588,390

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The Abel range is a single storey design well equipped and perfect for singles, young families or investors. This compact layout is by no means short on features and appeal. The Abel offers an open-plan kitchen, living and family area and provides clever storage solutions ...

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VIC 3338


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