Investment Property Melton, Victoria

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 $509,000 and this has changed 3.03% over the past year and changed 1.19% over 2 years.

The median rent in for houses is $370 per week and the median rental yield is 3.77%. Stock on the market for houses/townhouses has changed -30.15% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $369,500 and this has changed 12.31% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $330 per week, producing a rental yield of 4.64%.

Supply & Demand in Melton

Current vacancy rate

Rental stock available

Population

Rental population

0.89%

Current vacancy rate

486

Rental stock available

135,440

Population

19.54%

Rental population

1.61%

Current vacancy rate

46,325

Rental stock available

5,926,624

Population

24.77%

Rental population

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Statistical data for Melton

	House	Townhouses	Units
Median listing price	$509,000	$436,500	$369,500
Median price change - last quarter	0.39%	1.15%	2.57%
Median price change - 1 year	3.03%	5.18%	12.31%
Median price change -2 years	1.19%	3.92%	8.67%

	House	Townhouses	Units
Median weekly rent	$370	$380	$330
Median yield %	3.77%	4.52%	4.64%
Median rent change - 1 year	1.36%	2.70%	0.00%

	House	Units
Previous month sales	143	10
Stock on market previous month	1,636	52
Stock variance vs. last year	-30.15%	-25.71%
Average days on market	NA	NA

Melton investment property listings

Showing 5 of 1,384 investment properties found in Melton on realestateinvestar.com.au

Lot 3514 Lilium St, Diggers Rest

$478,800

Hampton 001 by Domani Group

LOT 3514 LILIUM STREET, DIGGERS REST The Hampton is waiting to become your next family home. With a long central hallway running from the front to the rear of the home, three spacious rooms, kitchen with walk in pantry overlooking the meals and family rooms, alfresco area and too many other ...

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House

VIC 3427

Lot 3505 Daffodil Cres, Diggers Rest

$563,021

Como 186 by Stroud Homes

LOT 3505 DAFFODIL CRESCENT, DIGGERS REST Looking for your next home or even your first home, your search is over!. Packed with superb family features including galley kitchen with walk in pantry, overlooking the open plan living/meals area, four spacious bedrooms, two separate living areas and ...

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House

VIC 3427

Lot 3502 Daffodil Cres, Diggers Rest

$585,470

Olinda 263 by Dennis

LOT 3502 DAFFODIL CRESCENT, DIGGERS REST A flexible design offering endless possibilities for any family. this home is perfect if youre building on a narrow block as there is no need for compromise on space. with a master bedroom at the front of the home and entertaining areas to the rear, plus ...

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House

VIC 3427

910 Decoco Rd, Rockbank

$562,498

House and Land Package - The Chatfield

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee plus a 15 month maintenance period. So, build with confidence. Build with us! *Copyright ...

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