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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 $563,000 and this has changed 9.96% over the past year and changed 13.96% over 2 years.

The median rent in for houses is $375 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed -32.04% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $380,000 and this has changed 2.70% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $330 per week, producing a rental yield of 4.51%.

Supply & Demand in Melton

0.94%

Current vacancy rate


539

Rental stock available


135,440

Population


19.54%

Rental population


1.12%

Current vacancy rate


33,039

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 $563,000 $450,500 $380,000
Median price change - last quarter 3.57% 0.91% -2.57%
Median price change - 1 year 9.96% 3.56% 2.70%
Median price change - 2 years 13.96% 7.26% 15.50%
  House Townhouses Units
Median weekly rent $375 $380 $330
Median yield % 3.46% 4.38% 4.51%
Median rent change - 1 year 1.35% 0.00% 0.00%
  House Units
Previous month sales 157 12
Stock on market previous month 1,071 66
Stock variance vs. last year -32.04% 26.92%
Average days on market NA NA

Melton investment property listings

Showing 5 of 867 investment properties found in Melton on realestateinvestar.com.au

21 Meadowbank Grove, ROCKBANK

$885,000

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VIC 3335


126 Community Hub, Hillside

$765,000

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For Immediate Private Sale.

This modern 5 bedroom home delivers an idyllic family lifestyle of flair and flexibility with its intelligently-designed floorplan, quality appointments throughout and great living/entertaining spaces both inside and out. Eminently adaptable to meet the needs of any growing family. 5 fitted ...

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VIC 3037


6 Cherry Lake Green, Caroline Springs

$848,000

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Family Home in Central Caroline Springs

Perfectly positioned in the flourishing Cypress Views estate, this ex-display family home is only within minutes of Watervale Shopping Centre, Caroline Springs Square, Creekside K-9 College, Taylors Hill Childcare Centre and only walking distance public transport, parks & walking tracks and ...

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VIC 3023


116 Catherine Dr, Hillside

$720,000

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Modern Family Living.

Conveniently located within walking distance to Parkwood Green Primary, Childcare, medical centre and public transport, the location is excellent. Gracing the street with its striking modern façade, landscaped gardens and welcomed with a great sized theatre room, flowing into a modern kitchen with ...

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VIC 3037


1B Catherine Dr, Hillside

$590,000

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Open For Viewing Wednesday 29th @ 6pm - 6:30pm!

Exceptionally renovated and perfectly maintained, this is an excellent opportunity for first home buyers, investors and downsizers to secure a stunning home with high quality fittings and fixtures throughout. Gracing the street with its striking modern façade and lovely manicured gardens, you will ...

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VIC 3037


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