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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

8 Spring Cct, Caroline Springs

$630,000

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Charming Corner Allotment HomeIdeal for All Buyers

Located on a beautiful tree-lined street, this charming two-storey home on a prized corner allotment offers an exceptional opportunity for first-home buyers, young families, and savvy investors alike. The home comprises three bedroomsone conveniently positioned downstairs with a separate WC, and ...

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House

VIC 3023


50 Cottesloe Pde, Taylors Hill

$1,680,000

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Grand Family Luxury..

A masterpiece of luxury, privacy and distinction, this exceptional property sets a new benchmark in elite family living. Flooded with natural light and enriched with high-end luxury finishes, this stunning family residence presents an exceptional opportunity for discerning buyers seeking a ...

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House

VIC 3037


4 Hoddle Ct, Melton West

$590,000

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A Fantastic Opportunity in Westlake Estate

This amazing property is situated in the Westlake Estate and offers the perfect blend of space, comfort and convenience. Set on a generous 738m² (approx.) block, the home features four bedrooms, two bathrooms and two spacious living areas, making it ideal for families of all sizes. You'll love the ...

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House

VIC 3337


10 Rosina Dr, Melton

$555,000

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ANOTHER SOLD OFF MARKET BY LOCAL EXPERTZ!

Nestled in a quiet pocket yet within walking distance to Woodgrove Shopping Centre, schools, public transport and easy freeway access, this beautifully maintained home truly has it all. Offering three generous bedrooms with built-in robes, including a master with semi-ensuite, the home is designed ...

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VIC 3337


194/111-139 Coburns Rd, Brookfield

$400,000

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Lifestyle Communities Brookfield - Low-maintenance living for hi

Embrace independent living in this thoughtfully designed 2-bedroom home, where comfort and style come together effortlessly. The spacious open-plan layout invites natural light throughout the living, dining and kitchen areas, creating a warm and welcoming space perfect for everyday living or ...

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VIC 3338


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