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 2018 Quarter. Click here for details.

Median Sale Price

$420k

Metro Melbourne

$840k

Quarterly Price Change

2.4%

Metro Melbourne

-0.6%

Median Rent

$320

Metro Melbourne

$440

Rental Yield

4.1%

Metro Melbourne

2.8%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 31 35
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $900,000
3 Bedrooms $395,000 $740,000
4 Bedrooms $425,000 $865,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $451
3 Bedrooms $305 $410
4 Bedrooms $328 $465

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

Median Sale Price

$291k

Metro Melbourne

$595k

Annual Price Change

27.1%

Metro Melbourne

4.2%

Median Rent

$270

Metro Melbourne

$420

Rental Yield

4.8%

Metro Melbourne

3.7%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 31 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $280,250 $570,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $360
2 Bedrooms $255 $430
3 Bedrooms n/a $510

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