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 December 2018 Quarter. Click here for details.

Median Sale Price

$410k

Metro Melbourne

$826k

Annual Price Change

5.3%

Metro Melbourne

1.4%

Median Rent

$320

Metro Melbourne

$450

Rental Yield

4.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 41 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $400,500 $733,000
4 Bedrooms $440,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $295 $420
4 Bedrooms $355 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$327k

Metro Melbourne

$597k

Annual Price Change

18.5%

Metro Melbourne

1.8%

Median Rent

$280

Metro Melbourne

$420

Rental Yield

4.5%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 41 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $571,000
3 Bedrooms $321,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $440
3 Bedrooms $290 $521

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