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

7 Cranwell Square, Caroline Springs

$720,000

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Beautifully Renovated Home in the Sought-After Cypress Views Est

Positioned in a quiet and tightly held pocket, this beautifully maintained residence delivers the perfect balance of comfort, functionality and low-maintenance living - ideal for first home buyers, downsizers or savvy investors seeking a premium Caroline Springs address. From the moment you ...

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House

VIC 3023


5 Cobaw Cct, Caroline Springs

$690,000

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Enjoy the Perfect Blend of Indoor and Outdoor Space

Positioned in a quiet and family-friendly pocket of Caroline Springs in the " Oakwood " estate, this beautifully presented single-storey residence which is flooded with natural light offers the perfect balance of comfort, functionality, and low-maintenance living-ideal for first home buyers, ...

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VIC 3023


798 Eynesbury Rd, Eynesbury

$569,000

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PERFECT PACKAGE IN THE HEART OF EYNESBURY

Located in the heart of the picturesque Eynesbury estate, this young and vibrant home showcases luxurious and contemporary living to perfection. The master bedroom features an ensuite and walk-in robe while two further great sized bedrooms each with built-in robes are serviced by a bright central ...

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House

VIC 3338


N/A, Rockbank

$0

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First Home Buyers only

This is a house and land package which means that you will buy the block of land and build a house on it. The house has not yet been built. As far as the floorplan is concerned changes can be made to the floorplan and we can customise the inclusions and fit out in the house to suit your taste and ...

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House

VIC 3335


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