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 September 2019 Quarter. Click here for details.

Median Sale Price

$398k

Metro Melbourne

$830k

Annual Price Change

-5.8%

Metro Melbourne

-3.1%

Median Rent

$320

Metro Melbourne

$451

Rental Yield

4.3%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 71 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $840,000
3 Bedrooms $379,500 $720,000
4 Bedrooms n/a $852,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $320 $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$314k

Metro Melbourne

$595k

Annual Price Change

1%

Metro Melbourne

-0.4%

Median Rent

n/a

Metro Melbourne

$430

Rental Yield

n/a

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 71 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,000
2 Bedrooms n/a $561,000
3 Bedrooms n/a $748,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $445
3 Bedrooms n/a $530

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