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 -3.75%
Melton,3337 has offered an average of -3.75% return per annum in house price rises to property investors over the last three years.
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 -7.36% is being offered, which puts this VIC suburb at 859th most discounted overall in Australia.
Melton is 151th on a list of best yielding suburbs for rents in VIC with a 4.32% return
Melton, 3337 ranked 260th in VIC when comparing growth in median property values or capital gain over the last 12 months. Melton is one of 2099 in our list for VIC
If we look at median property appreciation over just the last three months, Melton has given property investors a paper return of 1.12%. This puts Suburb as 190 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Melton is giving property investors an average Vendor Discount of around -4.14%. This puts suburb at number 216th in VIC when ranking the most discounted suburbs.
With the median price for a house in Melton being $315000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.79%