With a capital gain of 26.42% for the last 12 months, Melton, 3337 has performed for property investments than its average annual 6.84% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Melton,3337 has racked up an average of 26.42% over the period. This ranks it number 981th in the whole country for real estate investors looking at median house price increases.
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 -3.49% is being offered, which puts this VIC suburb at 3290th most discounted overall in Australia.
The VIC suburb of Melton, 3337 is in the Melton local government area.
Over the last year, property investments in Melton, 3337 have given investors a capital gain of 9.09%. This compares favourably with the 5.66% for VIC as a whole.
If we look at median property appreciation over just the last three months, Melton has given property investors a paper return of 5.49%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Melton is giving property investors an average Vendor Discount of around -4.26%. This puts suburb at number 167th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.