With a capital gain of 9.09% for the last 12 months, Melton West, 3337 has performed for property investments than its average annual 5.13% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Melton West has given property investors a paper return of 1.41%. This puts Suburb as 450 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Melton West itself are offering an average vendor discount of -4.06% to real estate investors.
The VIC suburb of Melton West, 3337 is in the Melton local government area.
Melton West, 3337 ranked 165th in VIC when comparing growth in median property values or capital gain over the last 12 months. Melton West is one of 2098 in our list for VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Melton West, 3337. Typically our figures indicate that -2.86% is being offered, which puts this VIC suburb at 1297th most discounted overall in Australia.
At number 702 in a list of fastest selling suburbs, Melton West is just in the top half of suburbs in Australia with an average of days on market 72.57 for properties listed there.
Advertised rents are around the $282.5 mark per week – giving a return of 5.44% based on the median price in Suburb