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.

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Recent Sales & Auction Results in Melton

Address Price Type Method Sale Date Agent
Property List
39 Vista Dr, Melton 5 House (Res) Passed in at Auction 13/08/2022 Ray White Melton

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$502k

Metro Melbourne

$1.08m

Quarterly Price Change

1.3%

Metro Melbourne

-2.9%

Median Rent

$320

Metro Melbourne

$490

Rental Yield

3.4%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75% 70.7%
Days on Market 36.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,075,000
3 Bedrooms $489,500 $947,000
4 Bedrooms $548,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $325 $460
4 Bedrooms n/a $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$368k

Metro Melbourne

$681k

Annual Price Change

6.7%

Metro Melbourne

3.2%

Median Rent

n/a

Metro Melbourne

$420

Rental Yield

n/a

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75% 70.7%
Days on Market 36.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $630,000
3 Bedrooms n/a $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms n/a $425
3 Bedrooms n/a $540

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