Property investors who have had real estate in Melton, 3337 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.10%
Over the longer term, Melton has seen property prices show investors a 45.28% return over the last 3 years. This is worse than over the last 12 months
At number 76th of VIC’s most discounted properties, Melton is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Melton has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.29% to date .
A 30.43% growth in median value for property investors in Melton,3337 puts this suburb at number 175th in terms of best performing suburbs in VIC
Melton, 3337 is offering VIC ‘s 137th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Often selling an investment property can take time, and in Melton the average time real estate has been on the market is 64.6364 days.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 5.40%.