Property investors who have had real estate in Melton, 3337 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 31.67%
Comparing Melton,3337 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 -3.97% is being offered, which puts this VIC suburb at 3132th most discounted overall in Australia.
Melton is 189th on a list of best yielding suburbs for rents in VIC with a 4.02% return
If you compare the increase in value of investment property in Melton, 3337 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 36.67%.
When looking at the potential capital gains offered to property investors over the last 3 years, Melton comes in at number 72th in VIC.
Vendor discounting in Melton is giving property investors an average Vendor Discount of around -3.61%. This puts suburb at number 233th in VIC when ranking the most discounted suburbs.
Melton, 3337’s gross rental yield is 4.73%