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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 1,076 investment properties found in Melton on realestateinvestar.com.au

Lot 1215 Torrington St, Melton South

$785,000

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Alameda 255 - Enter your Sanctuary

Contemporary and chic are two words to describe the exceptional Alameda 255. Upon entering the home, you are welcomed by a private living room and a modern staircase. The heart of the home is located at the rear and presents a corner kitchen squared off with an alfresco, creating the perfect blend ...

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VIC 3338


Lot 1209 Dome St, Melton South

$624,500

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Cypress 178 - Ideal for First Home Buyers

Combining convenience with class, the Cypress 178 is the perfect home for small blocks. Upon entry you will find the master suite at the front of the home. The hallway then leads you through to the family bathroom, conveniently located laundry and remaining three bedrooms. The stylish entertaining ...

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VIC 3338


Lot 1203 Kinane St, Melton South

$695,000

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Vista 210 - Get into your dream home

The centre of the Vista 210 is made up of an open-plan kitchen, dining and family area, with access to the alfresco. The master bedroom features a walk-in robe and ensuite, while the remaining three bedrooms are located around a rumpus area. The home even features a multipurpose living room ideal ...

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VIC 3338


Lot 1238 Dome St, Melton South

$701,600

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Tallis 196 - Get into your dream home

The ideal home for the growing family, the spacious Tallis 196 is designed with large open spaces, perfect for the family or entertaining guests. Key features include the large kitchen, dining and family area, separate living area, master bedroom located at the front of the home with walk-in robe, ...

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VIC 3338


33 Marong Ave, Eynesbury

$939,000

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Exceptional Eynesbury Residence Backing onto Scenic Reserve

Nestled within the ever-popular Eynesbury estate, this exceptional residence occupies a generous 800m² (approx.) allotment and enjoys convenient access to everything the community has to offer. Just moments from Eynesbury Primary School, Mt Mary Road for easy travel into Wyndham, the Eynesbury ...

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VIC 3338


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