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 29.15%.
Over the longer term, Melton has seen property prices show investors a 45.83% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.33% offered to property buyers. Sellers in Melton itself are offering an average vendor discount of -2.78% to real estate investors.
Often selling an investment property can take time, and in Melton the average time real estate has been on the market is 7.6 days.
Melton has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 20.31% to date .
If we look at median property appreciation over just the last three months, Melton has given property investors a paper return of 11.13%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in VIC
The VIC suburb of Melton, 3337 is in the Melton local government area.