MELTON WEST 3337
State: VICPosiProp AI Investment Summary
MELTON WEST (VIC 3337) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 8.8%, with a median house buy price of $620,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$540,000
$590,000
$650,025
$620,000
Suburb Market Profile
Last month Melton West had 29 properties available for rent and 49 properties for sale. Median property prices over the last year range from $620,000 for houses to $511,000 for units. If you are looking for an investment property, consider houses in Melton West rent out for $435 PW with an annual rental yield of 3.9% and units rent for $420 PW with a rental yield of 4.6%. Melton West has seen an annual compound growth rate of 8.8% for houses and 7.6% for units.
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