Property value increases in Melton have tracked close to the VIC average of 8.06% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Melton comes in at number 476th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Melton itself are offering an average vendor discount of -4.27% to real estate investors.
Property value increases in Melton have tracked just higher than the VIC average of 3.11% over the last 12 months.
Across a shorter period, Melton, 3337 has seen a median price increase of 0.33% over the last quarter.
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, 3337. Typically our figures indicate that -5.66% is being offered, which puts this VIC suburb at 581th most discounted overall in Australia.
Advertised rents are around the $275 mark per week – giving a return of 6.24% based on the median price in Suburb