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 September 2018 Quarter. Click here for details.

Median Sale Price

$405k

Metro Melbourne

$834k

Quarterly Price Change

-3.6%

Metro Melbourne

0.0%

Median Rent

$320

Metro Melbourne

$450

Rental Yield

4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 33 38
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $895,000
3 Bedrooms $410,000 $744,750
4 Bedrooms $440,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $480
3 Bedrooms $310 $420
4 Bedrooms $350 $475

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

Median Sale Price

$265k

Metro Melbourne

$604k

Annual Price Change

24.5%

Metro Melbourne

2.6%

Median Rent

$270

Metro Melbourne

$420

Rental Yield

4.5%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 33 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $302,500 $575,000
3 Bedrooms n/a $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $365
2 Bedrooms $270 $431
3 Bedrooms $285 $520

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