Market snapshot
Suburb insights for Melton West3337
Change suburbMelton West is located 40 km west of the CBD. Melton West is a new suburb on the western fringe of Melbourne that features a young population predominately comprised of families. The suburb is primarily rural and rural residential in the west and contains most of its residential population on the eastern side. Melton West also features the Melton Regional and Coburn Shopping Centres as well as Navan and Arnolds Creek linear park.
Sales data
Median sale price
$528k
Quarterly price change
6.8%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Melton West | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $493,250 | $810,000 |
| 4 | $604,750 | $955,000 |
| Insight | Melton West | Metro comparison |
|---|---|---|
| Clearance rate | 83.3% | 73.8% |
| Days on market | 43 | 42 |
Rental data
Median weekly rent
$400
Rental yield
3.8%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Melton West | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $388 | $540 |
| 4 | $440 | $580 |
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