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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 1,162 investment properties found in Melton on realestateinvestar.com.au

125 Socket Dr, Rockbank

$597,892

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House and Land Package - The Purnell

When you build with Burbank, you build with a team who has over 40 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3335


129 Bluebells Rd, Diggers Rest

$689,400

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House and Land Package - The Covello

When you build with Burbank, you build with a team who has over 40 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3427


64 Cradle Rd, Diggers Rest

$580,000

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Charming Character Meets Everyday Convenience

Set on a generous 585m block, this well kept, established home offers warmth, character, and plenty of room for everyday living and entertaining. presenting an exciting opportunity for first home buyers, investors, or those looking to explore future potential in a highly convenient location of ...

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House

VIC 3427


30 Bindaree Dr, Melton South

$579,000

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Brand New Family Home in Prime Melton South Location Perfect fo

Positioned in the fast-growing suburb of Melton South, this stunning brand-new home delivers the perfect blend of modern design, comfort, and convenience. Ideal for first home buyers, families, or savvy investors, this beautifully finished residence offers low-maintenance living without ...

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House

VIC 3338


6 Kingsley Pl, Melton West

$620,000

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Smart investment, solid returns, prime location - this one ticks

Positioned in a quiet and well-established pocket of Melton West, this well-presented home presents an outstanding opportunity for families, first-home buyers and investors alike, offering generous 771sqm (approx.) allotment space, modern comfort and exceptional convenience. Key Features; • ...

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House

VIC 3337


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