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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 3 of 3 investment properties found in Melton on realestateinvestar.com.au

11 Abelia Ct, Hillside

$1,000,000

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Family Living!

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! Welcome to 11 Abelia Court, Hillside, a peaceful family retreat positioned in a quiet court and designed for comfort, space and effortless ...

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House

VIC 3037


8 Isabella Grove, Taylors Hill

$1,350,000

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PARK-FACING LUXURY ON ISABELLA

Architecturally designed and perfectly positioned opposite serene parkland, this magnificent family residence in the heart of Taylors Hill sits proudly on a generous 900m² (approx.) allotment. Owner-built with exceptional craftsmanship and designed to last a lifetime, this home offers an abundance ...

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House

VIC 3037


35/79-89 Lancefield Dr, Caroline Springs

$410,000

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Expressions of Interest Closing Friday 19 December at 6pm

Effortless lifestyle of quality and convenience A brilliant first home or savvy investment opportunity, this triple-storey townhouse is an absolute winner either way with its adaptable design, quality appointments and super convenient location. The attractive facade makes way for a light-filled ...

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Townhouse

VIC 3023


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