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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 1,078 investment properties found in Melton on realestateinvestar.com.au

387 GREEN HILL Rd, Eynesbury

$809,000

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A Spacious Five-Bedroom Family Home with Dual Master Suites & Ex

Beautifully set on a generous 664m² allotment, this 2023 Orbit Homes build immediately stands out for its scale, functionality, and presentation. With five bedrooms including two full master suites, multiple living spaces and a wide raked ceiling that elevates the heart of the home, it offers the ...

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VIC 3338


243 Coburns Rd, Melton West

$619,000

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Space, Style & Endless Potential

Welcome to 243 Coburns Road, Melton West, a beautifully renovated home from top to bottom offering comfort, convenience and impressive potential on a generous 811m² (approx.) block. Perfect for first-home buyers, investors, developers or families seeking room to grow. Step inside to a spacious ...

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VIC 3337


109 Westmelton Dr, Melton West

$600,000

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Convenience Meets Comfort in a Charming Central Location

Discover a welcoming family retreat in this beautifully appointed 4-bedroom home, combining practicality with timeless appeal. The central bathroom features elegant floor-to-ceiling tiles, while the slate-tiled kitchen offers gas cooking and a dishwasher for everyday convenience. A generous lounge ...

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House

VIC 3337


44 Hannah Ave, Hillside

$780,000

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Exceptional quality on a spacious single level

Set on a wide allotment (approx 666sqm), this attractive home combines a flexible floorplan with impressive renovations to deliver a picture-perfect lifestyle ideal for families that love to entertain. Flawlessly presented and bathed in natural light, the home's free-flowing interior showcases a ...

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VIC 3037


1/51-53 Station Rd, Melton South

$429,000

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Perfect Start or Investment in Prime Location

Nestled in a convenient and well-connected pocket of Melton South, this neat and low-maintenance 2-bedroom unit offers exceptional value for first-home buyers, downsize, and savvy investors alike. Step inside to a welcoming light-filled layout featuring two comfortable bedrooms and a central ...

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Unit

VIC 3338


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