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 3.7% and has experienced a 12-month capital growth of Up 13.0%, with a median house buy price of $610,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$600,000
$565,500
$650,000
$610,000
Suburb Market Profile
Last month Melton West had 36 properties available for rent and 37 properties for sale. Median property prices over the last year range from $610,000 for houses to $435,000 for units. If you are looking for an investment property, consider houses in Melton West rent out for $430 PW with an annual rental yield of 3.7% and units rent for $410 PW with a rental yield of 4.6%. Melton West has seen an annual compound growth rate of 13.0% for houses and -3.3% for units.