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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 1,026 investment properties found in Melton on realestateinvestar.com.au

8 St John Pl, Melton West

$719,000

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Family Comfort in a Peaceful Court Location

Welcome to 8 St John Place, Melton West, a well-presented four-bedroom, two-bathroom double storey home nestled in a peaceful cul-de-sac location on a practical 593sqm allotment. This family-friendly residence offers the perfect balance of comfort and convenience, with Melton Waves and Woodgrove ...

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VIC 3337


85 James Melrose Dr, Brookfield

$595,000

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Well-Designed Family Home with Two Living Areas on 476m² (Approx

This well-presented 4-bedroom family home offers a smart and functional layout designed for comfortable everyday living. Set on a generous 476m² (approx.) allotment, the home is ideal for families, first-home buyers or investors seeking space, separation and convenience. The floor plan features ...

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VIC 3338


2 Grigorieva Ct, Burnside

$599,000

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The perfect summer home!!

Would make a stunning home for a small family or a picture-perfect investment nestled in a court location off Westwood Drive & Rockbank Middle Road. Offering two living zones, including a light-filled formal lounge and a generous open plan walking out to an undercover outdoor area & a secure ...

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House

VIC 3023


86 Coburns Rd, Melton South

$599,000

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The Perfect Family Home with Space, Privacy & Potential

This well-presented four-bedroom home is positioned on a generous 604m2 block, offering space, comfort, and practical living. The home features four spacious bedrooms and two well-appointed bathrooms, ideal for families or those seeking additional space. A light-filled open-plan living and dining ...

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VIC 3338


137 Exford Rd, Melton South

$699,000

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Spacious Family Living on 752m2 approx. in a Prime Melton South

Welcome to 137 Exford Road, Melton South, a beautifully presented home offering comfort, space and convenience for growing families, first-home buyers or savvy investors alike. This thoughtfully designed floorplan is fully functional and features a generous floorplan with multiple living zones, ...

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VIC 3338


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