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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 $600,000 and this has changed 1.69% over the past year and changed 0.16% over 2 years.

The median rent in for houses is $455 per week and the median rental yield is 3.94%. Stock on the market for houses/townhouses has changed -2.69% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $400,000 and this has changed 3.89% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $390 per week, producing a rental yield of 5.07%.

Supply & Demand in Melton

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

  House Townhouses Units
Median listing price $600,000 $479,500 $400,000
Median price change - last quarter 0.00% -4.17% 0.25%
Median price change - 1 year 1.69% -4.10% 3.89%
Median price change - 2 years 0.16% -6.44% 5.26%
  House Townhouses Units
Median weekly rent $455 $460 $390
Median yield % 3.94% 4.98% 5.07%
Median rent change - 1 year 5.81% 9.52% 11.42%
  House Units
Previous month sales 154 8
Stock on market previous month 1,084 36
Stock variance vs. last year -2.69% -14.29%
Average days on market NA NA

Melton investment property listings

Showing 5 of 1,008 investment properties found in Melton on realestateinvestar.com.au

Lot 901 Norwood Ave, Melton South

$675,400

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Embark on your home building journey with confidence: choose an

With Kingsbridge Homes, prepare to be impressed by our exceptional standard inclusions. Our homes come equipped with: Elegant 20mm edge mineral stone benchtops in both the kitchen and bathrooms. Your choice of timber look laminate or tiled flooring to living areas High-quality 900mm European ...

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VIC 3338


3 Mornington Cres, Rockbank

$650,000

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Impeccable Design and Living in a Superb Location

The Property Welcome to 3 Mornington Crescent, Rockbank. A beautifully presented residence showcasing a well-designed layout tailored to modern family living. Offering four well-sized bedrooms, two separate living zones and quality finishes, the home creates an inviting sense of space and comfort ...

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VIC 3335


3/16 Henry St, Melton

$435,000

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OUTSTANDING CENTRALLY LOCATED UNIT

Situated just a few minutes walk from the Melton Town Center this fabulous 2 bedroom unit is a must see for first home buyers investors and down sizers looking for a spacious well maintained and updated quality home. Features include; large spacious open plan living area serviced by a lovely well ...

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VIC 3337


74 Romulea Cct, Diggers Rest

$629,000

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Brand-New Living in a Convenient Diggers Rest Location

Positioned in a growing and convenient pocket of Diggers Rest, this brand-new home delivers modern comfort, thoughtful design, and effortless low-maintenance living-perfect for families, first-home buyers, or savvy investors. The home offers three bedrooms, with the master suite featuring a ...

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VIC 3427


3 Target St, Melton

$0

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Construction Finishing SOON !!

Bloom Estate Agents are exclusively present 3, Target Street, Melton, prime warehouse property that offers a multitude of possibilities for your business needs. Situated on a generous land area of 2851 sqm (approx..) amongst 5 warehouses, this property is ready to accommodate your growing ...

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Commercial

VIC 3337


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