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Investment Property Melton West, VIC, 3337

Suburb Snapshot

Melton West is a suburb in the Melton Region of Victoria. Melton West has a population of 17,590 people and 22.21% of its occupants live in rental accommodation. The median listing price for houses is $539,000 and this has changed 1.69% over the past year and changed 0.00% over 2 years.

The median rent in Melton West for houses is $420 per week and the median rental yield is 4.05%. Stock on the market for houses/townhouses has changed -15.69% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton West is NA per week, producing a rental yield of NA.

Supply & Demand in Melton West, Melton

0.45%

Current vacancy rate


28

Rental stock available


17,590

Population


22.21%

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 West, Melton

  House Townhouses Units
Median listing price $539,000 NA NA
Median price change - last quarter 1.88% NA NA
Median price change - 1 year 1.69% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $420 NA NA
Median yield % 4.05% NA NA
Median rent change - 1 year 6.32% NA NA
  House Units
Previous month sales 16 0
Stock on market previous month 43 1
Stock variance vs. last year -15.69% -75.00%
Average days on market 74 NA

Melton West investment property listings

Showing 1 of 1 investment properties found in Melton West on realestateinvestar.com.au

6 Kingsley Pl, Melton West

$620,000

property pic

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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4

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2

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House

VIC 3337


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