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

N/A, Rockbank

$750,000

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House & Land Package Rockbank

Property Overview Introducing a turnkey, customizable house and land package in the rapidly developing suburb of Rockbank, Victoria. Starting from $750,000, this is your opportunity to build the home you've always wanted, with the flexibility to tailor the design to suit your style and needs. ...

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VIC 3335


N/A, Rockbank

$720,000

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Spacious 4 Bedroom Family Home with Modern Finishes, Prime Locat

Arrange an inspection today. Discover the perfect balance of comfort, convenience, and modern design with this completed house and land package on a single contract. Boasting a spacious house area of 201 square meters set on a 336 square meter block, this home has been thoughtfully designed for ...

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VIC 3335


Lot 1217 Torrington St, Melton South

$560,876

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Mimosa Homes Proudly Presents the Chelsea 200

The Chelsea 200 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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House

VIC 3338


18 Nantha Way, Brookfield

$580,000

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Modern Family Living in Prime Brookfield Location

18 Nantha Way, Brookfield VIC 3338 4 Bed | 2 Bath | 2 Car | Land Size: 383m² | Rental Return: $430 per week Perfectly positioned in the heart of Brookfield, this beautifully designed home offers an ideal opportunity for families, first-home buyers, and savvy investors alike. Currently tenanted at ...

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VIC 3338


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