VIC has seen average median house prices change by 10.43% which means that Melton, 3337 has done well for property investors by showing a capital gain of 25.49% over the last year
Over the longer term, Melton has seen property prices show investors a 30.61% return over the last 3 years. This is worse than over the last 12 months
Melton, 3337 is offering VIC ‘s 514th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
At number 174 in a list of fastest selling suburbs, Melton is in the TOP 10% of suburbs in Australia with an average of days on market 33.81 for properties listed there.
Melton is 146th on a list of best yielding suburbs for rents in VIC with a 4.71% return
With a capital gain of 2.96% for the last 12 months, Melton, 3337 has performed for property investments than its average annual 4.45% property growth over the last 5 years.
A 5.15% growth in median value for property investors in Melton,3337 puts this suburb at number 108th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -4.57% to buyers in Melton at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.