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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 $515,000 and this has changed 4.04% over the past year and changed 3.10% over 2 years.

The median rent in for houses is $370 per week and the median rental yield is 3.73%. Stock on the market for houses/townhouses has changed -12.42% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $370,000 and this has changed 12.29% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $325 per week, producing a rental yield of 4.56%.

Supply & Demand in Melton

NA

Current vacancy rate


NA

Rental stock available


NA

Population


NA

Rental population


0.89%

Current vacancy rate


492

Rental stock available


135,440

Population


19.54%

Rental population


1.46%

Current vacancy rate


42,214

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 $515,000 $435,000 $370,000
Median price change - last quarter 1.27% -0.35% 3.06%
Median price change - 1 year 4.04% 3.57% 12.29%
Median price change - 2 years 3.10% 4.44% 8.82%
  House Townhouses Units
Median weekly rent $370 $380 $325
Median yield % 3.73% 4.54% 4.56%
Median rent change - 1 year 1.36% 2.70% -1.52%
  House Units
Previous month sales 124 9
Stock on market previous month 1,572 47
Stock variance vs. last year -12.42% 17.50%
Average days on market NA NA

Melton investment property listings

Showing 5 of 1,389 investment properties found in Melton on realestateinvestar.com.au

54 Cunningham Chase, Burnside Heights

$495,000

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Stylish and Spacious Family Living

Online Auction Wednesday 18th August at 5:00pm "This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact the agent to arrange this" Situated in one of the most sought-after ...

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House

VIC 3023


2 Cherry Lake Green, Caroline Springs

$890,000

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PRIVATE VIEWING SATURDAY BETWEEN 10.40 - 11.00AM. PLEASE REGISTE

IT'S THE CHERRY ON TOP This architecturally designed family home will be at the top of your list! Behind an appealing facade and situated on a beautiful street, this ex-display home hits all the high notes for you and your growing family! Built to last a lifetime and ready to move in, there is ...

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House

VIC 3023


37 Carissa Rd, Brookfield

$580,000

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Style, Class and Sophistication

IMPORTANT - Any advertised open for inspections are the available private appointment times. All attendees must scan the QR Code provided at the property. Only registered attendees will be able to view the property, you MUST ensure you are registered to attend the private appointment. Inspections ...

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House

VIC 3338


12 Gosse Cres, Brookfield

$470,000

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Spacious family home in peaceful location

This spacious family home is located in the highly sought after Brookfield Estate on a 448sqm block. With four good sized bedrooms, the master located away from the street, perfect for those who like to sleep in the quiet. As you enter the front door, you will be greeted an open study, follow the ...

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House

VIC 3338


2/1 Pinnacle Cres, Brookfield

$389,000

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INVESTMENT OPPORTUNITY!

Inspection by private appointment only. Please contact the agent to book your appointment prior to attending the property. This stunning little home presents the perfect investment opportunity for one lucky buyer. Offering 3 bedrooms, 1 bathroom, a spacious kitchen with adjoining living area and ...

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House

VIC 3338


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