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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 $590,000 and this has changed -1.51% over the past year and changed 7.27% over 2 years.

The median rent in for houses is $430 per week and the median rental yield is 3.78%. Stock on the market for houses/townhouses has changed -0.98% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $390,000 and this has changed 1.96% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $350 per week, producing a rental yield of 4.66%.

Supply & Demand in Melton

0.75%

Current vacancy rate


446

Rental stock available


135,440

Population


19.54%

Rental population


0.87%

Current vacancy rate


26,641

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 $590,000 $500,000 $390,000
Median price change - last quarter 0.00% 0.00% 0.25%
Median price change - 1 year -1.51% -0.40% 1.96%
Median price change - 2 years 7.27% 13.63% 2.63%
  House Townhouses Units
Median weekly rent $430 $420 $350
Median yield % 3.78% 4.36% 4.66%
Median rent change - 1 year 10.25% 6.32% 2.94%
  House Units
Previous month sales 45 0
Stock on market previous month 1,115 37
Stock variance vs. last year -0.98% -46.38%
Average days on market NA NA

Melton investment property listings

Showing 5 of 1,163 investment properties found in Melton on realestateinvestar.com.au

2 Glencapel Ct, HILLSIDE

$750,000

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Townhouse

VIC 3037


14 Cleland Way, CAROLINE SPRINGS

$580,000

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3

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House

VIC 3023


41 Redcliffe Tce, TAYLORS HILL

$790,000

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4

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2

House

VIC 3037


86 Walton St, MELTON SOUTH

$650,531

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4

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2

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2

House

VIC 3338


29/111-139 Coburns Rd, BROOKFIELD

$430,000

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2

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Other

VIC 3338


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