With a capital gain of 12.95% for the last 12 months, Melton, 3337 has performed for property investments than its average annual 7.58% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Melton comes in at number 20th in VIC.
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 -6.89% is being offered, which puts this VIC suburb at 1037th most discounted overall in Australia.
Renters in Suburb are facing rents around $16120 per annum or $310 every week.
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 15.40%.
Comparing Melton,3337 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 5.40%.