MELTON 3337
State: VICPosiProp AI Investment Summary
MELTON (VIC 3337) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 14.0%, with a median house buy price of $570,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$509,000
$555,000
$602,000
$570,000
Suburb Market Profile
Last month Melton had 58 properties available for rent and 54 properties for sale. Median property prices over the last year range from $570,000 for houses to $430,000 for units. If you are looking for an investment property, consider houses in Melton rent out for $410 PW with an annual rental yield of 4.0% and units rent for $390 PW with a rental yield of 4.9%. Melton has seen an annual compound growth rate of 14.0% for houses and 10.3% for units.
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