How Much Is My Home Worth In Melton?

Real Estate Appraisal Melton VIC 3337

The median price for a house in Melton is $ $478,000 as of June 10, 2024. A median-priced unit is. $374,000. There have been 146 houses and 34 units sold in the last year. The annual compound growth for houses is 1.8% and for units, it is 4.1%.

Houses remain on average for 48 days on the market and units take 40 days until they are sold. As investment houses annual rental yield return is 4.2% and for units, it is 4.9%


House prices and rent returns in Melton.

  • 2 bedroom home No data, Rent per week $315
  • 3 bedroom home $472,000; Rent per week $380
  • 4 bedroom home $570,500; Rent per week $415

Unit prices and rent returns in Ringwood.

  • 2 bedroom unit $365,000; Rent per week $330
  • 3 bedroom unit $392,000; Rent per week $360

*Data sourced from Realestate.com

Free Real Estate Appraisal Melton

Selling your house in Melton? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Melton

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3600 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.

Lifestyle in Melton
Melton is located approximately 46km from the Melbourne CBD covering a land size of approximately 20.3 kilometres. This area is covered by 2 parks which account for 0.7% of the total area of Melton. With a population of around 7,592 calculated in 2011, however as of 2016 we saw a 6.2% growth in the population taking Melton to a total of 8,063.

Looking further into what the average household consists of in Melton we find that predominately couples with children occupy these spaces. With this, most people living in Melton fall into the age bracket of 30-39 years and are commonly in a professional occupation making mortgage repayments on average between $1800 -$2399 per month.


Schools in Melton
There are 5 schools local to Melton

Melton Real Estate Agent Contact Details.

David How
Director of Melton Office
Mobile: 0419 314 103 Email david@obre.com.au

Garry Gale
Director of Melton Office
Mobile: 0419 523 599 Email garry@obre.com.au

For more up to date information visit CoreLogic’s website as well as visiting our free detailed suburb report.