Melton West has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.90% to date .
Melton West,3337 has offered an average of 8.90% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Melton West itself are offering an average vendor discount of -4.40% to real estate investors.
Property investors should expect to get $320 weekly from the median priced house in this suburb.
Giving property investors a a stable capital gain of 6.72% for the last year, Melton West, 3337 is the 570th highest performer in Australia in this respect.
Comparing Melton West,3337 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period
Our latest figures would indicate that property sellers in Melton West are currently offering property investors an average price cut of -3.06% below the asking price at the moment.
At number 978 in a list of fastest selling suburbs, Melton West is in the bottom 40% of suburbs in Australia with an average of days on market 90.94 for properties listed there.
The VIC suburb of Melton West, 3337 is in the Melton local government area.