Profile for Melton South

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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
20 Connel Dr, Melton south 3 House (Res) Private Sale 08/04/2024 hockingstuart

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$455k

Metro Melbourne

$929k

Quarterly Price Change

-13%

Metro Melbourne

2%

Median Rent

$390

Metro Melbourne

$550

Rental Yield

4.2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 75.3%
Days on Market 44.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $451,000 $810,000
4 Bedrooms $582,750 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $350 $550
3 Bedrooms $380 $520
4 Bedrooms $430 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$328k

Metro Melbourne

$635k

Quarterly Price Change

-6.4%

Metro Melbourne

0.3%

Median Rent

$333

Metro Melbourne

$520

Rental Yield

4.9%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 75.3%
Days on Market 44.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $345,000 $600,000
3 Bedrooms $375,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms $320 $540
3 Bedrooms $350 $620

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