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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 $450 per week and the median rental yield is 3.90%. Stock on the market for houses/townhouses has changed -4.26% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $399,500 and this has changed 2.69% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $375 per week, producing a rental yield of 4.88%.

Supply & Demand in Melton

1.04%

Current vacancy rate


621

Rental stock available


135,440

Population


19.54%

Rental population


1.05%

Current vacancy rate


32,623

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 $473,500 $399,500
Median price change - last quarter 0.33% -1.04% 0.00%
Median price change - 1 year 1.69% -5.30% 2.69%
Median price change - 2 years 0.16% -4.35% 5.27%
  House Townhouses Units
Median weekly rent $450 $450 $375
Median yield % 3.90% 4.94% 4.88%
Median rent change - 1 year 7.14% 7.14% 7.14%
  House Units
Previous month sales 96 12
Stock on market previous month 945 42
Stock variance vs. last year -4.26% 13.51%
Average days on market NA NA

Melton investment property listings

Showing 5 of 1,145 investment properties found in Melton on realestateinvestar.com.au

N/A, Melton South

$583,800

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NICE HOME+LAND PACKAGE-PERFECT FOR 1ST HOME BUYERS OR INVESTORS!

This incredible opportunity combines comfort, space, and unbeatable value: -Stunning home live in or rent, great rental returns! -Spacious open-plan living designed for comfort and modern living -Premium finishes throughout ready to impress your tenants or your family! -Prime land offering ...

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House

VIC 3338


56 Lancers Dr, Melton West

$500,000

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Modern Family Living in Sought-After Melton West!

Step into this spacious and thoughtfully designed home at 56 Lancers Drive. As you pass by, you'll find yourself captivated by its beautiful façade and modern charm. Situated in the sought-after suburb of Melton West, this stunning residence offers the perfect blend of comfort, style, and ...

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VIC 3337


5 Monash St, Melton South

$595,000

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Spacious Family Home with Pool and Entertainment Options

Perfectly positioned close to primary schools, colleges, Cobblebank Train Station, Cobblebank Stadium, and local shopping precincts, this unique family home offers an ideal lifestyle for growing families who love to entertain. Designed with a family-friendly layout, the home features four spacious ...

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House

VIC 3338


17 Glenfield Ave, Melton West

$820,000

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Grand Family Living in Westlake Estate

Nestled within the tranquil surroundings of Westlake Estate, this impressive family residence sits on a generous 769m² block, offering an enviable blend of space, comfort, and convenience. With schools, shopping, parks, and transport options just moments away, this home is perfectly positioned for ...

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VIC 3337


5 Glen Drouitt Dr, Caroline Springs

$700,000

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Perfect Family Living in a Prime Location

Nestled in the sought-after suburb of Caroline Springs, This property offers unmatched convenience, with easy access to a range of amenities including local schools, sporting grounds, and a variety of shopping and dining options. Enjoy proximity to Taylors Hill Village, CS Square, Lake Caroline, ...

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VIC 3023


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