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.

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Recent Sales & Auction Results in Melton South

Address Price Type Method Sale Date Agent
Property List
7/63-65 Staughton St, Melton south 3 House (Res) Auction Sale 13/08/2022 Ray White Melton
3/33 Staughton St, Melton south 2 House (Res) Auction Sale 13/08/2022 Ray White Melton

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$511k

Metro Melbourne

$1.08m

Quarterly Price Change

4%

Metro Melbourne

-2.9%

Median Rent

$320

Metro Melbourne

$490

Rental Yield

3.4%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 94.7% 70.7%
Days on Market 33 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,075,000
3 Bedrooms $474,500 $947,000
4 Bedrooms $560,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $280 $500
3 Bedrooms $325 $460
4 Bedrooms $365 $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$310k

Metro Melbourne

$671k

Annual Price Change

11.7%

Metro Melbourne

3.2%

Median Rent

$283

Metro Melbourne

$420

Rental Yield

4.3%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 94.7% 70.7%
Days on Market 33 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $630,000
3 Bedrooms n/a $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms n/a $425
3 Bedrooms n/a $540

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