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
38 Lachlan Rd, MELTON SOUTH 3 House (Res) Auction Sale 17/04/2021 Ray White Melton
17 Richard Rd, MELTON SOUTH 3 House (Res) Auction Sale 17/04/2021 hockingstuart
16 Toolern St, MELTON SOUTH 3 House (Res) Passed in Vendor Bid 17/04/2021 Barry Plant
14 Toolern St, MELTON SOUTH 3 House (Res) Passed in at Auction 17/04/2021 Barry Plant

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$433k

Metro Melbourne

$1mil

Quarterly Price Change

-6%

Metro Melbourne

8.8%

Median Rent

$340

Metro Melbourne

$480

Rental Yield

4%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 83.8%
Days on Market 40 36
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $930,000
3 Bedrooms $389,750 $810,000
4 Bedrooms $507,500 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $320 $450
4 Bedrooms $360 $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$310k

Metro Melbourne

$645k

Annual Price Change

n/a

Metro Melbourne

3.4%

Median Rent

$293

Metro Melbourne

$400

Rental Yield

4.9%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 83.8%
Days on Market 40 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms n/a $420
3 Bedrooms n/a $525

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