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 March 2020 Quarter. Click here for details.

Median Sale Price

$420k

Metro Melbourne

$893k

Quarterly Price Change

11.3%

Metro Melbourne

3.7%

Median Rent

$330

Metro Melbourne

$460

Rental Yield

4.5%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 73.1%
Days on Market 45.5 32
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $880,000
3 Bedrooms $382,500 $750,000
4 Bedrooms $432,500 $885,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $320 $440
4 Bedrooms $350 $490

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

Median Sale Price

$310k

Metro Melbourne

$623k

Annual Price Change

-2.1%

Metro Melbourne

4.6%

Median Rent

$290

Metro Melbourne

$430

Rental Yield

4.9%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 73.1%
Days on Market 45.5 32
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,575
2 Bedrooms n/a $585,000
3 Bedrooms n/a $775,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $375
2 Bedrooms n/a $450
3 Bedrooms n/a $530

Loading chart...

Find an Agent

Whether you are selling, buying, leasing or renting, choose an REIV member.

Find a Member

Find a Property

Search for the latest listings on view.com.au

Start Now

PropertyData

The credible and trusted source of data for real estate professionals.

Find out more