Melton South, 3338 ranked 239th in VIC when comparing growth in median property values or capital gain over the last 12 months. Melton South is one of 2098 in our list for VIC
Across a shorter period, Melton South, 3338 has seen a median price increase of 3.45% over the last quarter.
Vendor discounting in Melton South is giving property investors an average Vendor Discount of around -4.10%. This puts suburb at number 451th in VIC when ranking the most discounted suburbs.
In the last year 260 properties changed hands in Melton South, which puts it as the 77th most active market in VIC when comparing the number of sales per suburb.
Melton South is 108th on a list of best yielding suburbs for rents in VIC with a 5.03% return
Investment property in Melton South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.37%
While Melton South,3338 ranked number 231th in VIC for increase in median house value (annualised) increase, it is ranked 258th over the last 5 years.
Melton South3338 is located in VIC which offers an average discount of -4.95% to property investors. Melton South itself is showing figures that indicate -4.95% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Melton South the average time real estate has been on the market is 76.35 days.
Property investors should expect to get $260 weekly from the median priced house in this suburb.