Profile for Melton South

3338

Melton South is located 36 km west of the CBD. Bounded in the north by the Western Freeway Melton South is a residential and rural suburb which experienced rapid growth during the 1980s. A large proportion of the dwelling stock comprises of three bedrooms while larger family-type households are prominent. The suburb also features the Victoria University of Technology - Melton Campus Melton Private Hospital the Melton Reservoir and the Melton Municipal Waste Depot.

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

Median Sale Price

$392k

Metro Melbourne

$810k

Annual Price Change

-4.4%

Metro Melbourne

-2.4%

Median Rent

$320

Metro Melbourne

$450

Rental Yield

4.2%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 76.7%
Days on Market 48.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $387,500 $720,000
4 Bedrooms n/a $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $303 $430
4 Bedrooms $350 $480

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

Median Sale Price

$305k

Metro Melbourne

$590k

Annual Price Change

2%

Metro Melbourne

0.0%

Median Rent

$270

Metro Melbourne

$430

Rental Yield

4.6%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 76.7%
Days on Market 48.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms n/a $560,000
3 Bedrooms n/a $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $270 $445
3 Bedrooms n/a $530

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