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 June 2020 Quarter. Click here for details.

Median Sale Price

$385k

Metro Melbourne

$865k

Annual Price Change

-2.8%

Metro Melbourne

6.1%

Median Rent

$320

Metro Melbourne

$470

Rental Yield

4.3%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 66.1%
Days on Market 42.5 39
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $910,250
3 Bedrooms $385,000 $760,000
4 Bedrooms n/a $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $310 $440
4 Bedrooms $350 $495

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$313k

Metro Melbourne

$630k

Annual Price Change

-0.4%

Metro Melbourne

6.4%

Median Rent

n/a

Metro Melbourne

$430

Rental Yield

n/a

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 66.1%
Days on Market 42.5 39
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $385,000
2 Bedrooms n/a $591,000
3 Bedrooms n/a $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $450
3 Bedrooms n/a $525

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