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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 1,080 investment properties found in Melton on realestateinvestar.com.au

N/A, Melton

$711,550

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Investors get in the market now before the next price hike ...

Buy Australian properties have Stand out grade A FULL TURNKEY FIXED PRICED 3&4 Bedroom House & Land Packages for every budget! Are you tired of looking, tired of missing deals or finding out the package you wanted was not what you thought it was? Discover our Grade A, Full Turnkey 3 and 4-Bedroom ...

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House

VIC 3337


4 Grenadier Grove, Hillside

$920,000

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Spacious Single-Level Living on 730m².

Beautifully presented and superbly enhanced throughout, this rendered single-level residence delivers outstanding comfort, versatility and modern improvements-all positioned in a highly sought-after pocket of Hillside on a generous 730m² (approx.) allotment. Functional Family Layout With Three ...

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House

VIC 3037


315 Westwood Dr, Burnside

$820,000

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PERFECT FAMILY LIVING

Feel the warmth and comfort the moment you step into this beautifully presented single-level family home. Offering four bedrooms, three generous living areas, and a fully enclosed, expansive rear pergola, all set on a large 512m² (approx.) allotment in a highly sought-after Burnside location-just ...

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House

VIC 3023


1 Peppercorn Ct, Hillside

$750,000

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More to Adore at Peppercorn

In-Room Auction on Thursday the 18th of December at 6pm. Taylors Lakes Hotel: 7 Melton Highway, Taylors Lakes, Vic, 3038. AUCTION BIDDING BY REGISTRATION ONLY! Tucked away in a quiet court location, this beautifully maintained family home delivers comfort, space and style with a floorplan designed ...

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House

VIC 3037


1 Sovereign Way, Hillside

$1,950,000

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A Masterpiece of Luxury, Scale & Unmatched Excellence

Showcasing breathtaking craftsmanship and extraordinary design, this owner-built residence stands proudly as one of the finest homes in the entire area. Grand in proportion and uncompromising in quality, it delivers a lifestyle of luxury, versatility and family comfort on a level rarely offered. ...

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VIC 3037


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