Giving property investors a a solid capital gain of 28.44% for the last year, Melton South, 3338 is the 105th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Melton South comes in at number 9th 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 South, 3338. Typically our figures indicate that -4.77% is being offered, which puts this VIC suburb at 2531th most discounted overall in Australia.
At number 275 in a list of fastest selling suburbs, Melton South is in the TOP 10% of suburbs in Australia with an average of days on market 38.63 for properties listed there.
Advertised rents are around the $310 mark per week – giving a return of 3.92% based on the median price in Suburb
Giving property investors a a solid capital gain of 27.62% for the last year, Melton South, 3338 is the 55th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Melton South has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Melton South itself are offering an average vendor discount of -3.77% to real estate investors.
The VIC suburb of Melton South, 3338 is in the Melton local government area.