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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 3 of 3 investment properties found in Melton on realestateinvestar.com.au

9 Elgar Lane, CAROLINE SPRINGS

$529,000

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Low Maintenance Living

In a fantastic pocket of Caroline Springs is this low maintenance town home. Offering a spacious ground level with open plan kitchen, meals and living area, separate home office area, powder room and laundry, the kitchen offers stainless steel appliances including dishwasher. Upstairs has 2 good ...

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House

VIC 3023


Lot 401 Skylark Estate, Melton South

$595,420

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Mimosa Homes Proudly Presents the Leemore 221

The Leemore 221 House and Land Package! * Mimosa Homes New Added Value Inclusions: - 50 Year Structural Warranty! - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - ...

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House

VIC 3338


9 Belle Fluer Way, Brookfield

$0

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Brand New House Close to Binap Primary School

9 BELLE-FLEUR WAY, BROOKFIELD Through the pursuit of excellence and an unwavering commitment to quality, this family home, designed by our vendor and constructed by a team of artisan's builder, showcases truly bespoke living that sets an elite standard within this coveted pocket! Designed to ...

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House

VIC 3338


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