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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 1,132 investment properties found in Melton on realestateinvestar.com.au

30 Brunton Ave, Caroline Springs

$840,000

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Parkfront Luxury with Balcony & Premium Upgrades!

30 Brunton Avenue, Caroline Springs Showcasing a flawless blend of architectural elegance, premium finishes, and lifestyle convenience, this exceptional residence delivers a sophisticated family sanctuary in one of Caroline Springs' most desirable locations. Perfectly positioned opposite ...

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VIC 3023


57 Greenpoint Dr, Rockbank

$525,000

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Perfectly Positioned for Convenience & Comfort!

Perfectly located to take advantage of the peace & tranquillity of the surrounding area, this impressive residence offers style and class. Meticulously built with attention to detail, spacious proportions & ideal for the modern family with a low maintenance lifestyle. All in close proximity to the ...

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House

VIC 3335


17 Kirra Ct, Kurunjang

$620,000

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Renovated Home on Expansive Allotment

Nestled in a quiet, family-friendly court, this beautifully renovated home is sure to impress. Set on a 922m² (approx.) allotment with convenient double driveway access, this property combines style, space, and endless potential. Inside, the home features three well-sized bedrooms, a centrally ...

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House

VIC 3337


2 Flagstaff La, Taylors Hill

$850,000

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Elite court location.

I am pleased to present 2 Flagstaff Lane, Taylors Hill, a stunning 4-bedroom, 2-bathroom residence situated in an elite court location. Now available for sale by auction on Saturday 18 April at 10 am. This home occupies a spacious 741 sqm allotment, offering ample room for family living. The ...

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House

VIC 3037


35 First Ave, Melton South

$560,000

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Stylishly Refreshed Home in Prime Melton South Location

Welcome to this beautifully refreshed home in the heart of Melton South, offering comfort, convenience, and outstanding value for first-home buyers, families, or savvy investors. Located at 35 First Avenue, this charming residence presents a well-designed floorplan with three generously sized ...

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VIC 3338


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