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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 1,150 investment properties found in Melton on realestateinvestar.com.au

21 HANOVER Cct, Melton South

$609,000

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A Brand New Start with Nothing More to Do in the heart of Melton

There is something appealing about a home that is simple in the right ways. Brand new, never lived in and finished with a clean, modern feel throughout, this is a property that makes sense for buyers wanting low maintenance without giving up on comfort, quality or connection to surrounding ...

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VIC 3338


139 The Esp, Caroline Springs

$780,000

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Dual Master Luxury in a Premier Lifestyle Setting

Positioned just moments from the lake in one of Caroline Springs' most desirable pockets, 139 The Esplanade presents a sophisticated, multi-level residence designed for flexible family living and effortless entertaining. Thoughtfully designed across three levels, the home offers a rare and highly ...

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VIC 3023


17 Clowes St, Melton South

$620,000

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Character-Filled Home with Modern Ease

A well-maintained home offering comfort, space, and great potential for families or investors. Set on a generous block, it combines practical living with inviting indoor and outdoor spaces. The home features multiple living areas, including a formal lounge with a charming fireplace, and a ...

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VIC 3338


38 Penguin St, Melton

$540,000

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Fully Renovated Gem in a Quiet Central Melton Pocket

Welcome to 38 Penguin Street, Melton - a beautifully renovated home offering outstanding value on approximately 585m2 of land. Perfectly positioned in a quiet, family-friendly pocket of central Melton, this property is within walking distance to Melton Waves Leisure Centre, Melton Secondary ...

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VIC 3337


Lot 5112 Atherstone, Witherley Ave, Melton South

$684,000

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Craft your perfect home with a proven eight-time HIA award-winni

With Kingsbridge Homes, prepare to be impressed by our exceptional standard inclusions. Our homes come equipped with: Elegant 20mm edge stone benchtops in both the kitchen and bathrooms. Your choice of timber look laminate or tiled flooring to living areas High-quality 900mm European kitchen ...

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VIC 3338


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