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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 1,125 investment properties found in Melton on realestateinvestar.com.au

6 Guthrie Dr, Melton South

$620,000

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Modern Family Living in the Heart of Melton South

Reliance Real Estate proudly presents this beautifully designed four-bedroom family home, perfectly positioned in the growing and convenient suburb of Melton South. Offering comfort, space, and modern style, this home is just a few minutes' drive from Opalia Shopping Centre, local schools, ...

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VIC 3338


33 Golden Way, Hillside

$880,000

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Spacious Family Living in the Prestigious Bellevue Estate

Paul Muscat from Sweeney Estate Agents proudly presents 33 Golden Way Hillside. Nestled in the highly sought-after Bellevue Estate of Hillside, 33 Golden Way offers an exceptional opportunity to secure a generously proportioned family home set on a substantial 650sqm (approx.) allotment. Designed ...

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VIC 3037


12 The Pkwy, Caroline Springs

$720,000

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Timeless Federation Elegance in the Heart of Caroline Springs

Paul Muscat from Sweeney Estate Agents proudly presents 12 The Parkway Caroline Springs...... Positioned in the heart of Caroline Springs, 12 The Parkway presents a rare opportunity to secure a beautifully crafted Federation-style residence in the heart of the sought after PARKISDE ESTATE, custom ...

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House

VIC 3023


9 Kris Ct, Melton West

$749,000

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Private Family Retreat in a Prime Location

Welcome to this spacious double storey family retreat, perfectly positioned on a generous approx. 929m² (approx) allotment in a quiet court location. Designed for both comfort and practicality, this impressive residence offers space, privacy and lifestyle, all within walking distance to key local ...

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VIC 3337


3 Cheviot Ct, Melton West

$574,000

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Court Location Gem with Large Backyard & Subdivision Potential (

Positioned in a quiet court location and set on a generous 688m² (approx.) allotment, this well-maintained home offers comfort, convenience and exciting future potential for subdivision (STCA) making it an ideal opportunity for first home buyers, investors or developers alike. Stepping inside, the ...

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VIC 3337


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