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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 1,098 investment properties found in Melton on realestateinvestar.com.au

27 Banks Dr, Diggers Rest

$480,000

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Low maintenance living in the heart of Diggers Rest

Situated in a quiet, family-oriented pocket, this contemporary double-storey townhouse delivers a perfect blend of comfort, practicality and low-maintenance living. The functional floorplan begins on the ground level, where you are welcomed by a generously sized bedroom complete with built-in ...

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Townhouse

VIC 3427


276 Coburns Rd, Kurunjang

$645,000

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Family-Focused Living in a Prime Location Exceptional Value Awa

Karan Arya & Reliance Real Estate proudly welcome you to this beautifully refreshed and move-in-ready home, perfectly positioned on a generous 555sqm west-facing block. Offering the ideal balance of modern comfort, practical design, and superb convenience, this warm and welcoming residence has ...

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House

VIC 3337


14 Hampshire Ave, Rockbank

$640,000

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Luxury Family Living in a Prime Location

Anuj Phogat from Ray White West Realty proudly presents this exceptional, near-new home built by the renowned Dennis Family Homes offers the perfect blend of style, space, and a sought-after east-facing orientation, ensuring a bright and welcoming atmosphere from the moment you step inside. Set on ...

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House

VIC 3335


2 Porter St, Melton South

$539,000

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ENDLESS OPPORTUNITIES OPPOSITE THE MELTON SOUTH PRIMARY IN RGZ1!

This impressive residence set on a large 577m2 approx block corner allotment has been thoughtfully designed to cater to every lifestyle need, offering a perfect blend of space, style, and future development potential (STCA) in a highly convenient location in the heart of Melton South, directly ...

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House

VIC 3338


47 Landscape Dr, Hillside

$650,000

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Space, Style and the Perfect Indoor-Outdoor Flow

Professionals Real Estate Caroline Springs proudly presents 47 LANDSCAPE DRIVE, HILLSIDE, for sale. Set in the tightly held and family-friendly Bellevue Hill Estate, this warm and wonderfully functional residence delivers space, flow and everyday comfort in all the right places. It's a home ...

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House

VIC 3037


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