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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 1,059 investment properties found in Melton on realestateinvestar.com.au

16/35 Tullidge St, Melton

$470,000

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NEST OR INVEST!!!

Located in a highly sought-after Melton Primary school zone, this double-storey Melton townhouse is ideal for a growing family in a diverse Melton community. Featuring three bedrooms, two bathrooms and a generous living area, this property is situated just moments from major schools, the town ...

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Townhouse

VIC 3337


10 First Ave, Melton South

$499,000

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LARGE ALLOTMENT IN RGZ1!

When it comes to location it does not get any better than this! With easy access to the freeway, Woodgrove shopping centre, Melton south train station, Al Iman college, schools, shops and much more, it is easy to understand why location matters! This family home sits on a massive 587m2 ...

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House

VIC 3338


69 The Glades, Taylors Hill

$619,000

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Stylish, Light-Filled Townhouse in the Heart of Taylors Hill

Paul Muscat from Sweeney Estate Agents proudly presents this stylish, light-filled townhouse showcasing contemporary design and effortless, low-maintenance living. Spread across two ultra-spacious levels of modern comfort, this residence captures the perfect balance of style, convenience, and ...

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House

VIC 3037


7 Crestmont Dr, Melton South

$729,000

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Grand Family Living with Granny Flat on a Huge 919m² Block

Positioned in a sought-after pocket of Melton South, 7 Crestmont Drive presents an outstanding opportunity for families seeking space, comfort and exceptional outdoor living. Set on a massive 919m² (approx.) block, this impressive double-storey brick home offers a lifestyle of convenience just ...

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House

VIC 3338


2/51-53 STATION Rd, Melton South

$379,000

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THE BRIEF: Convenience Meets Prime Location!

Marita & Waheed from Area Specialist Melton are proud to present 2/51-53 Station Road, Melton South. Ideally located within proximity to all major amenities including Melton South Train Station, primary and secondary schools, parklands, public transport, local shops, and more! Whether you're an ...

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Unit

VIC 3338


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