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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 -0.63% 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 2.56% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melton is $380 per week, producing a rental yield of 4.94%.

Supply & Demand in Melton

1.05%

Current vacancy rate


633

Rental stock available


135,440

Population


19.54%

Rental population


0.94%

Current vacancy rate


29,256

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 $460,000 $400,000
Median price change - last quarter 0.00% -4.17% 0.25%
Median price change - 1 year 1.69% -8.00% 2.56%
Median price change - 2 years 0.16% -8.37% 4.57%
  House Townhouses Units
Median weekly rent $455 $450 $380
Median yield % 3.94% 5.08% 4.94%
Median rent change - 1 year 5.81% 7.14% 8.57%
  House Units
Previous month sales 136 15
Stock on market previous month 1,108 41
Stock variance vs. last year -0.63% 10.81%
Average days on market NA NA

Melton investment property listings

Showing 5 of 925 investment properties found in Melton on realestateinvestar.com.au

23 Rimmington Way, ROCKBANK

$830,000

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House

VIC 3335


7 Bunyip Walk, CAROLINE SPRINGS

$820,000

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House

VIC 3023


7 Liberty Ct, BROOKFIELD

$870,000

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House

VIC 3338


2/12-20 Broadway Bdwy, CAROLINE SPRINGS

$400,000

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House

VIC 3023


40 Karachi Ave, MOUNT COTTRELL

$595,000

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VIC 3024


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