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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 1,616 investment properties found in Melton on realestateinvestar.com.au

5 Starthistle App, Rockbank

$630,000

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Stylish Family Living in the Heart of Rockbank

Welcome to 5 Starthistle Approach, Rockbank a beautifully designed family home that combines comfort, functionality and modern style in one impressive package. Perfectly suited for first home buyers, growing families or savvy investors, this well-maintained residence offers spacious living zones, ...

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House

VIC 3335


8 Highfield Way, Kurunjang

$1,350,000

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The Complete Family Package. Luxury Living, Stunning Pool & Mass

Welcome to 8 Highfield Way, Kurunjang a standout family home located in the prestigious and tightly held Highfield Estate, offering the perfect combination of space, luxury and lifestyle on a generous allotment. Surrounded by quality homes and conveniently positioned close to leading schools, ...

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House

VIC 3337


22 Manooka Rd, Brookfield

$599,000

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Stylish Family Living in a Prime Brookfield Location!

Reliance Real Estate proudly presents this beautifully designed 4-bedroom, 2-bathroom, 2-car garage home, perfectly positioned in the fast-growing and family-friendly suburb of Brookfield. Step inside and be welcomed by a thoughtfully designed floor plan that offers both space and comfort. ...

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House

VIC 3338


6 Madisons Ave, Diggers Rest

$920,000

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A Rare Family Opportunity in an Unbeatable Location

Set within one of the area's most tightly held pockets on a beautifully wide street, this exceptional residence presents a rare opportunity to secure a long term family home in a location that truly has it all. Offering space, quality and a lifestyle that is increasingly hard to find, this is a ...

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House

VIC 3427


117/173 Caroline Springs Blvd, Caroline Springs

$536,000

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Lakeside Living with Stunning Views in the Heart of Caroline Spr

117/173 Caroline Springs Boulevard, Caroline Springs VIC 3023 2 Bedrooms | 2 Bathrooms | 1 Car Space | Dedicated Storage Room Perfectly positioned overlooking the tranquil waters of Lake Caroline, this stylish apartment delivers an exceptional lifestyle opportunity combining modern design, premium ...

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Unit

VIC 3023


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