Profile for Melton

3337

Melton is located 36 km west of the CBD. Located on Melbourne's western fringe Melton is a residential area that experienced rapid growth during the 1970s. A large proportion of Melton's labour force is employed in the wholesale & retail trade sector with the manufacturing sector is also a significant employer. Melton also features a large commercial district centred on High St the Melton Aquatic Centre Beaty Park and the Melton Valley Golf Course.

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$404k

Metro Melbourne

$797k

Quarterly Price Change

-1%

Metro Melbourne

-3.7%

Median Rent

$300

Metro Melbourne

$450

Rental Yield

3.8%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 39 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $405,000 $733,000
4 Bedrooms n/a $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $300 $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$589k

Quarterly Price Change

n/a

Metro Melbourne

-1.7%

Median Rent

n/a

Metro Melbourne

$420

Rental Yield

n/a

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 39 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $440
3 Bedrooms n/a $521

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