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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 1,036 investment properties found in Melton on realestateinvestar.com.au

5 Nantha Way, Brookfield

$600,000

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Comfortable Family Living in a Convenient Location

Situated in a quiet and well-established pocket of Brookfield, this well-maintained three-bedroom home presents an excellent opportunity for first home buyers, downsizers or investors alike. Providing flexibility for modern living, the property boasts two separate living areas, including a formal ...

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VIC 3338


21 Gosse Cres, Brookfield

$600,000

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Easy Living, Space & Comfort in the Heart of Brookfield

Welcome to a comfortable and spacious family home designed for easy living. The home offers four good-sized bedrooms, including a master bedroom with walk-in robe and ensuite. Ceiling fans are installed in every bedroom and living area, and the living and dining area also has air conditioning. The ...

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VIC 3338


18 Pyrmont Tce, Taylors Hill

$1,250,000

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Resort-Style Family Entertainer!

On-Site Auction on Thursday the 12th of March at 6:00pm AUCTION BIDDING BY REGISTRATION ONLY! Delivering an exceptional lifestyle of space, comfort and resort-inspired entertaining, 18 Pyrmont Terrace, Taylors Hill is a standout family residence positioned on a generous 684m² (approx.) allotment ...

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House

VIC 3037


2/24 Exford Rd, Melton South

$419,000

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Stylish, Secure, and Perfectly Positioned

Welcome to 2/24 Exford Road Melton South. Perfectly positioned within walking distance to Melton Train Station, Station Square Shopping Centre, Melton South Primary School, St Anthony's Primary School and Staughton College, the location adds outstanding appeal for families and commuters alike. ...

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VIC 3338


28 Granvia Cct, Burnside

$1,150,000

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Grand Family Living in Prestigious Modeina Estate

Built to the highest standard and spanning approximately 45 squares, this exceptional residence in the sought-after Modeina Estate delivers an impressive combination of space, luxury, and practicality. Designed for modern family living, this home showcases quality craftsmanship, expansive ...

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VIC 3023


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