Melton West has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of -2.95% to date .
While Melton West,3337 ranked number 340th in VIC for increase in median house value (annualised) increase, it is ranked 124th over the last 5 years.
Our latest figures would indicate that property sellers in Melton West are currently offering property investors an average price cut of -8.35% below the asking price at the moment.
On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.
Situated 38.88km from the CBD, Melton West is one of Melton (C) localities in the postcode 3337.