Market snapshot
Suburb insights for Melton South3338
Change suburbMelton South, just south of central Melton and approximately 39 km west of Melbourne's CBD, offers strong transport connections via Melton Station and expanding residential developments. It’s ideal for families and commuters looking for affordability and accessibility.
Sales data
Median sale price
$580k
Quarterly price change
-2.7%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Melton South | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $513,000 | $851,000 |
| 4 | $611,220 | $970,000 |
| Insight | Melton South | Metro comparison |
|---|---|---|
| Clearance rate | 90.9% | 77.8% |
| Days on market | 34.5 | 36 |
Rental data
Median weekly rent
$430
Rental yield
4%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Melton South | Metro comparison |
|---|---|---|
| 2 | $360 | $585 |
| 3 | $410 | $550 |
| 4 | $460 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.