If you compare the increase in value of investment property in Melton, 3337 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.78%.
A 9.71% growth in median value for property investors in Melton,3337 puts this suburb at number 144th in terms of best performing suburbs in VIC
The most recent median price for Melton is $282501, with sellers offering an average of -4.07% off the asking price.
Melton, 3337’s gross rental yield is 5.15%
At number 590th in the list of Australian suburbs ordered by increase in median house value over the last year, Melton, 3337 is in the top 40% with a property value increase of 6.51% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Melton,3337 has racked up an average of 6.51% over the period. This ranks it number 1264th in the whole country for real estate investors looking at median house price increases.
Melton, 3337 is offering VIC ‘s 105th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
At number 1234 in a list of fastest selling suburbs, Melton is in the bottom 20% of suburbs in Australia with an average of days on market 109.58 for properties listed there.
Advertised rents are around the $275 mark per week – giving a return of 6.24% based on the median price in Suburb