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.

Recent Sales & Auction Results in Melton

Address Price Type Method Sale Date Agent
Property List
1/11 McKenzie St, Melton 2 Unit Passed in at Auction 08/12/2018 PRD Nationwide
2/5 Smith St, Melton 3 Unit Passed in at Auction 08/12/2018 PRD Nationwide
75 Centenary Av, Melton 3 House (Res) Private Sale 03/12/2018 Professionals RE

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

Median Sale Price

$405k

Metro Melbourne

$834k

Quarterly Price Change

-5.5%

Metro Melbourne

0.0%

Median Rent

$293

Metro Melbourne

$450

Rental Yield

3.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 35 38
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $895,000
3 Bedrooms $400,000 $744,750
4 Bedrooms $422,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $480
3 Bedrooms $293 $420
4 Bedrooms n/a $475

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

Median Sale Price

$319k

Metro Melbourne

$600k

Annual Price Change

38.7%

Metro Melbourne

2.6%

Median Rent

n/a

Metro Melbourne

$420

Rental Yield

n/a

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 35 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms n/a $575,000
3 Bedrooms n/a $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $365
2 Bedrooms n/a $431
3 Bedrooms n/a $520

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