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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 987 investment properties found in Melton on realestateinvestar.com.au

11 Thorny St, Rockbank

$730,000

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High End Inclusions with Modern Façade!

The Roof Real Estate proudly presents this beautiful and immaculately maintained family home, superbly located in the highly sought-after Willow Spring Estate. Set on a generous 350sqm block, this residence represents the perfect blend of style, space, and convenience-ideal for first-home buyers, ...

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VIC 3335


3/30-34 Palmerston St, Melton

$440,000

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GORGEOUS CENTRAL 2 BEDROOM UNIT WITH STUNNING GARDEN

This delightful 2 bedroom unit set in a lovely development with a big wide drive and divine landscaped gardens just a 5 minute walk to the Melton Town Centre is perfect for downsizers, first home buyers and investors looking for a special unit. Features include: Spacious open plan living with ...

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VIC 3337


24 Maranoa Grove, Caroline Springs

$1,050,000

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Spacious Family Living In The heart Of Caroline Springs

Perfectly positioned in the heart of Caroline Springs, this impressive double-storey residence delivers exceptional space, comfort, and flexibility for large or multi-generational families. The home welcomes you with a front formal lounge and a downstairs bedroom serviced by a full bathroom with ...

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VIC 3023


Lot 1222 Munro Ave, Melton South

$599,950

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Sugar and spice and everything nice. Four bedrooms, meals and family area with plenty of natural light - a layout that's straight out of an entertainer's dream. What's more, this spicy ensemble also features handy storage throughout as well as the option of a second and even a third living. The ...

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VIC 3338


Lot 1209 Dome St, Melton South

$635,450

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Oozing character and replete with luxury, the Queensberry is a clever design that ticks all the boxes. Generously sized kitchen, meals and living spaces make this design ideal for enjoying time with family and friends. Having up to four bedrooms, two bathrooms, and ample storage is a great bonus, ...

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VIC 3338


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