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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 1,077 investment properties found in Melton on realestateinvestar.com.au

7 Cranwell Square, Caroline Springs

$720,000

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Beautifully Renovated Home in the Sought-After Cypress Views Est

Positioned in a quiet and tightly held pocket, this beautifully maintained residence delivers the perfect balance of comfort, functionality and low-maintenance living - ideal for first home buyers, downsizers or savvy investors seeking a premium Caroline Springs address. From the moment you ...

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VIC 3023


17 Maranoa Grove, Caroline Springs

$770,000

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Jump, Skip & Hop to Shops, Schools and a Dream Lifestyle

Positioned in one of Caroline Springs' most convenient and family-friendly pockets, 17 Maranoa Grove is a standout residence that effortlessly blends refined design, generous proportions and an unbeatable lifestyle location. Built by Henley Homes and spanning approximately 28 squares on a 448m² ...

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VIC 3023


5 Ashby La, Caroline Springs

$720,000

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The perfect opportunity awaits.

This charming and beautifully maintained home offers everything today's buyer is searching for. Built to a high standard with quality finishes throughout, it is sure to impress from the moment you step inside. Perfectly suited to families, first home buyers, or the astute investor, the home ...

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VIC 3023


15 Sugar Gum Dr, Hillside

$2,100,000

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TBA

In-Room Auction on Wednesday the 25th of March at 6pm. Taylors Lakes Hotel: 7 Melton Highway, Taylors Lakes, Vic, 3038 AUCTION BIDDING BY REGISTRATION ONLY! Discover your dream acreage at 15 Sugar Gum Drive, Hillside, an expansive 6000m² block perfectly blending rural charm with urban convenience. ...

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VIC 3037


10 Barrington, Caroline Springs

$670,000

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Freshly Refreshed Family Living in Peaceful Caroline Springs Poc

Positioned in a peaceful and established pocket of Caroline Springs, 10 Barrington Circuit presents a beautifully refreshed residence that blends comfort, space and effortless living. Freshly painted and fitted with brand new carpet, the home feels crisp, inviting and ready for its next chapter. ...

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VIC 3023


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