Melton

Melton is a suburb in Greater Melbourne, located 35 km west of the CBD. Melton was only considered a small town until very recently, but the region experienced rapid growth since the 90s, and the suburbs is now home to 60,000 residents.

Melton has attracted new residents in a very fast pace thanks to its very competitive property prices, great schools and childcare options, green areas, and medical facilities. You can enjoy a variety of high class gyms, recreational activities such as tennis, golf, swimming pools, bowls, squash, horse riding, soccer and football, to name a few. There are also many good options if you are looking for a place with a nightlife, with several bars and night clubs open until late.

Median Sale Price
$382.25 k
Based on 202 recorded House sales within the last 12 month

Based on a rolling 12 month period and may differ from calendar year statistics

Suburb Growth
+28.7%
Current Median Price: $382250
Previous Median Price: $297000

Based on 386 recorded House sales compared over the last two rolling 12 month periods

Sales Statistics (Houses)

Demographics

585 Single Parent Families 28%
42 Other Familes 2%
693 Couples Without Children 33%
769 Couples With Children 37%

Work

Melton have great options for the young professional who is looking to advance in the career. The low cost of living together with great possibilities to find jobs in diverse fields in Greater Melbourne, makes Melton the attractive suburb it is today.

Household Income - Weekly

Employment

Method of Travel to Work (2016)

  • Train
    112(4)%
  • Bus
    20(1)%
  • ferry
    0(0)%
  • Tram( other light rail) ()%
  • Car
    ()%
  • Moterbike/Truck
    ()%
  • Bicycle
    8(0)%
  • Walked Only
    ()%
  • Other 15(1)%

Properties For Rent

43/35 -47 TULLIDGE STREET

$290 Per Week

314m2

  • 3
  • 2
  • 2

32 BURLEIGH ROAD

$350

580m2

  • 3
  • 2
  • 4

24 KINLOCH ROAD

$350

500m2

  • 4
  • 1
  • 3

7/18 -20 HENRY STREET

$320 per week

10m2

  • 3
  • 1
  • 1

54 RIDDLE DRIVE

$330 PW

580m2

  • 3
  • 1
  • 4

12 KINKORA ROAD

$350

500m2

  • 3
  • 2
  • 2

26 NORMA STREET

$330

760m2

  • 3
  • 1
  • 6

4 MASON COURT

$330

600m2

  • 3
  • 2

35 FROBISHER STREET

$350 per week

580m2

  • 3
  • 1
  • 1

1/56 HENRY STREET

$270.00

165m2

  • 2
  • 1
  • 1

Median Weekly Rents

House

Suburb Sale Price Growth
28.7%
Current Median Price: $382,250 Previous Median Price: $297,000

Based on 386 recorded House sales compared over the last two rolling month periods

Suburb Rental Yield
4.1%
Current Median Price: $382,250 Current Median Rent: $300

Based on 188 recorded House sales compared over the last two rolling 12 month periods

Unit

Suburb Sale Price Growth
26.3%
Current Median Price: $287,250 Previous Median Price: $227,500

Based on 77 recorded House sales compared over the last two rolling 12 month periods

Suburb Rental Yield
5.2%
Current Median Price: $287,250 Current Median Rent: $290

Based on 29 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Properties

9 SILVERLEAF DRIVE

*$462,000

448m2

  • 3
  • 2
  • 2

111 COBURNS ROAD

*$265,000

0m2

  • 1
  • 1
  • 1

2/39 SCOTT STREET

*$382,000

219m2

  • 3
  • 1
  • 1

1/4 MUSK COURT

*$330,000

179m2

  • 2
  • 1
  • 1

11 SCOTT STREET

*$415,000

600m2

  • 3
  • 1
  • 1

26 CURLEW CLOSE

*$422,000

600m2

  • 3
  • 1
  • 1

159 CENTENARY AVENUE

*$440,000

580m2

  • 4
  • 2
  • 2

22 ESSEX DRIVE

*$400,000

600m2

  • 3
  • 1
  • 4

15 BRIXTON PLACE

*$386,000

590m2

  • 3
  • 1
  • 4

3 ATKIN STREET

*$445,000

587m2

  • 3
  • 2
  • 2