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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 1,068 investment properties found in Melton on realestateinvestar.com.au

Lot 1014 Albert Dr, Melton South

$782,730

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Dakota 237 - Enjoy a bonus $10,000 of upgrades for your new home

The Dakota 237 is the next dimension in maximum family comfort. The central hub of the home is made up of the sizeable open-plan kitchen, family and dining area with access to the alfresco. Key features to note include the twin walk-in robes and ensuite to the master suite, three remaining rooms ...

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VIC 3338


Lot 1128 Holloway Rd, Melton South

$603,940

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Elwood 154 - Enjoy a bonus $10,000 of upgrades for your new home

There's more than meets the eye when it comes to the Elwood 154. If you're interested in investing or want to maximise the potential of your land, the Elwood series could be the option for you! Boasting four bedrooms, a family bathroom and easy access from the garage, this design ensures you and ...

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House

VIC 3338


16/35 Tullidge St, Melton

$470,000

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NEST OR INVEST!!!

Located in a highly sought-after Melton Primary school zone, this double-storey Melton townhouse is ideal for a growing family in a diverse Melton community. Featuring three bedrooms, two bathrooms and a generous living area, this property is situated just moments from major schools, the town ...

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Townhouse

VIC 3337


20 Ayesha Ave, Melton South

$629,000

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Modern Family Living in Melton South's Most Hidden Pocket!

This stunning, tastefully built family home is nestled in a quiet pocket of Melton South's "Most Wanted" precinct, with everything you need right at your doorstep. Perfectly suited for families, investors, or first home buyers, this impressive residence has the potential to make you fall in love ...

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VIC 3338


674 Eynesbury Rd, Eynesbury

$809,000

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Private, Family Home with Exceptional Vehicle Accommodation and

Proudly presented within the Eynesbury township, this renovated four-bedroom residence offers a rare combination of privacy, character and flexibility. Positioned on a secluded battle axe block, the home enjoys a peaceful setting while remaining closely connected to Eynesbury's walking trails, ...

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VIC 3338


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