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 March Quarter 2024. Click here for details.
Median Sale Price
$468k
Metro Melbourne
$929k
Quarterly Price Change
-2.7%
2%
Median Rent
$375
$550
Rental Yield
4.1%
3.1%
$372k
$630k
Annual Price Change
3.2%
-1.6%
$340
$520
4.8%
4.3%
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