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Investment Property Melton South, VIC, 3338

Suburb Snapshot

Melton South is a suburb in the Melton Region of Victoria. Melton South has a population of 11,518 people and 27.81% of its occupants live in rental accommodation. The median listing price for houses is $579,000 and this has changed 1.57% over the past year and changed 1.75% over 2 years.

The median rent in Melton South for houses is $420 per week and the median rental yield is 3.77%. Stock on the market for houses/townhouses has changed 23.56% compared to last year and the average time to sell a house/townhouse is 250 days.The median listing price for units is $369,000 and this has changed 2.78% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Melton South is $350 per week, producing a rental yield of 4.93%.

Supply & Demand in Melton South, Melton

1.75%

Current vacancy rate


109

Rental stock available


11,518

Population


27.81%

Rental population


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 South, Melton

  House Townhouses Units
Median listing price $579,000 NA $369,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 1.57% NA 2.78%
Median price change - 2 years 1.75% NA 5.73%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.77% NA 4.93%
Median rent change - 1 year 5.00% 5.00% 2.94%
  House Units
Previous month sales 27 3
Stock on market previous month 257 10
Stock variance vs. last year 23.56% -9.09%
Average days on market 250 83

Melton South investment property listings

Showing 4 of 4 investment properties found in Melton South on realestateinvestar.com.au

29 Andrew St, Melton South

$569,000

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THE PERFECT OPPORTUNITY FOR ALL BUYERS!

Situated in an ideal location of Melton South, this home sits in close proximity to Melton Train Station, Station Square Shopping Centre, an abundance of primary and secondary schools, easy access to Western Freeway and so much more! Whether you're an investor, first home buyer or looking for your ...

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VIC 3338


9 Odin Walk, Melton South

$519,000

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Stylish Parkside Living with Modern Comfort and Low-Maintenance

Showcasing a stylish combination of modern design and practical living, this beautifully presented home delivers an easy-care lifestyle suited to first home buyers, downsizers, or investors alike. Perfectly positioned opposite the tranquil Orchid Green Reserve, the property also enjoys close ...

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VIC 3338


1607 Capstone Cct, Melton South

$599,907

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Best Value 4 Bedrooms Package

The Enfield 201 House and Land Package! * Mimosa Homes New Added Value Inclusions: - 50 Year Structural Warranty! - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - ...

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VIC 3338


5 Jacobena Rd, Melton South

$0

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Luxury Family Living in a Prime Melton South Location

Reliance Real Estate proudly presents this immaculately built family home, offering the perfect blend of luxury, comfort, and convenience. Nestled in a highly sought-after pocket of Melton South, this stunning residence is ideal for families seeking quality living and a modern lifestyle. Boasting ...

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VIC 3338


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