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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 $527,500 and this has changed 4.55% over the past year and changed 7.21% over 2 years.

The median rent in for houses is $370 per week and the median rental yield is 3.64%. Stock on the market for houses/townhouses has changed -37.10% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $382,500 and this has changed 12.50% 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 4.48%.

Supply & Demand in Melton

1.03%

Current vacancy rate


573

Rental stock available


135,440

Population


19.54%

Rental population


1.31%

Current vacancy rate


38,065

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 $527,500 $436,000 $382,500
Median price change - last quarter 2.13% 0.00% 2.70%
Median price change - 1 year 4.55% -0.12% 12.50%
Median price change - 2 years 7.21% 5.69% 12.50%
  House Townhouses Units
Median weekly rent $370 $380 $330
Median yield % 3.64% 4.53% 4.48%
Median rent change - 1 year 0.00% 1.33% 0.00%
  House Units
Previous month sales 200 6
Stock on market previous month 1,234 39
Stock variance vs. last year -37.10% -9.30%
Average days on market NA NA

Melton investment property listings

Showing 5 of 979 investment properties found in Melton on realestateinvestar.com.au

3664 Drumchapel Cres, Melton South

$538,796

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House and Land Package - The Cooper

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee plus a 15 month maintenance period. So, build with confidence. Build with us! *Copyright ...

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House

VIC 3338


34 Mapleton Blvd, Melton South

$659,000

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Beautiful Home!

Advantageously located within the Maplewood Estate of Melton South, this fantastic home is situated close to essential amenities catering a vibrant & establishing community. Perfectly set amongst quality and established homes, sitting on a corner block, this beautiful home features 4 ...

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House

VIC 3338


N/A, Rockbank

$512,600

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Bridgefield Estate in Rockbank, Family Home & Land Package

Perfect opportunity to enter the market within this sought after area in Rockbank Package is available in various options from Basic through to full turnkey the option is yours, we have a mortgage broker available for discussion to assist with and finance questions, and a display home available to ...

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House

VIC 3335


N/A, Rockbank

$483,100

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Rockbank Home and Land Package

Perfect opportunity to enter the market within this sought after area in Rockbank Package is available in various options from Basic through to full turnkey the option is yours, we have a mortgage broker available for discussion to assist with and finance questions, and a display home available to ...

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House

VIC 3335


20 Marina Dr, Melton

$460,000

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Stunning Home!

Reliance Real Estate Melton is proud to present this stunning house!! First home buyers, investors, or young families, make sure this one is on your to-buy list. This elegant design with all the finer qualities you and your family will ever need is situated in the center of Melton and just moments ...

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House

VIC 3337


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