Suburb Profile

Address Sold Price
Corner Ryans Lane & Minns Road Melton 3337 $2,350,000 4 2
11 KILLARNEY DRIVE Melton 3337 $1,100,000 3 2
233 Station Road Melton 3337 $1,090,000 3 1
27 Killarney Drive Melton 3337 $880,000 4 2
21D Yuille Street Melton 3337 $800,000 5 2
10 Joan Street Melton 3337 $767,000 3 2
13 Joan Street Melton 3337 $730,000 3 1
213 Station Road Melton 3337 $710,000 12 5
6-8 Marina Drive Melton 3337 $675,000 6 3
46 Unitt Street Melton 3337 $670,000 4 2
Address Sold Price
Lot 1 Melton 3337 $2,250,000 0 0
7 Atkin Street Melton 3337 $448,000 0 0
5 Hewson Street Melton 3337 $436,000 0 0
2 Damian Street Melton 3337 $410,000 0 0
9/39 Scott Street Melton 3337 $365,000 3 1
2/57 Palmerston Street Melton 3337 $345,000 2 1
1/39 Scott Street Melton 3337 $343,000 3 1
5/45-47 Mckenzie Street Melton 3337 $340,000 2 1
2/29 McKenzie Street Melton 3337 $339,000 2 1
4/55-61 Barries Road Melton 3337 $335,000 3 1

Supply Demand History in Melton

MonthSupplyDemand
2015 Apr2593368
2015 May2373456
2015 Jun2413392
2015 Jul2433427
2015 Aug2193463
2015 Sep2193280
2015 Oct2053131
2015 Nov2042869
2015 Dec1912417
2016 Jan1953295
2016 Feb2063358
2016 Mar2063027
2016 Apr2073378

More Recent Sold in Melton

Address Sold Price
78 Oneills Road 3 $376,500
7 Peppermint Lane S 3 $390,000
16 Rosina Drive 3 $410,000
6/28 Palmerston Street 2 $290,000
21 Oldershaw Road 3 $392,000

More Recent Rent in Melton

Address Price/Week
4/20-24 palmerston street 3 $280
33 Falcon Drive 3 $270
6/11 Henry Street 2 $240
6 Mason Court 5 $340
56 Norma Street 2 $270

Rent Yield in Melton

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$599,500$3432.98%$414,500$4105.14%7
2$323,590$2724.37%$319,000$2704.40%34
3$404,975$3083.95%$399,500$3053.97%212
4$494,496$3553.73%$492,000$3503.70%66
5$1,022,250$3401.73%$980,000$3401.80%5
8$4,100,000--$4,100,000--1
House
1$399,333$4105.34%$400,000$4105.33%5
2$349,500$2764.11%$349,500$2704.02%13
3$406,868$3083.94%$404,500$3103.99%186
4$493,914$3513.70%$485,000$3403.65%47
5$1,022,250$3401.73%$980,000$3401.80%5
Unit/apmt
1-$210--$210-1
2$316,167$2654.36%$319,000$2704.40%17
3-$289--$290-6
Townhouse
2-$290--$290-2
3-$300--$300-1
4-$355--$355-1
Other
2$339,900--$339,900--1
3$432,630$3083.70%$440,580$3003.54%6
4$503,549--$502,600--7
Unknown
1$1,200,000--$1,200,000--1
2$300,000--$300,000--1
3$363,400$3114.45%$370,000$3054.29%13
4$486,067$3754.01%$424,500$3604.41%11
8$4,100,000--$4,100,000--1

Demographics of Melton

PopulationSizeMeltonMelbourne
All People219413366613
Country of OriginMeltonMelbourne
Australian Born81%65%
Born Overseas - Top 5MeltonMelbourne
United Kingdom7%5%
Malta2%1%
New Zealand1%1%
Germany1%1%
Italy1%2%
Median household incomeMeltonMelbourne
Weekly income$1,167$1,333
Age StatisticsMeltonMelbourne
40 to 5928%28%
20 to 3928%33%
5 to 1927%14%
60+9%17%
0 to 47%7%
Family Statistics - Top 5MeltonMelbourne
Married52%51%
Never Married33%33%
Divorced7%7%
Separated4%3%
Widowed4%6%
Religion - Top 5MeltonMelbourne
Catholic37%33%
No Religion22%19%
Anglican20%16%
Uniting Church7%5%
Presbyterian and Reformed4%3%
Occupation - Top 5MeltonMelbourne
Intermediate Clerical/Sales/Service8%7%
Tradespersons and Related Workers7%6%
Intermediate Production and Transport5%4%
Associate Professional5%5%
Elementary Clerical/Sales/Service4%4%
Education - Top 5MeltonMelbourne
Not Attending (Working)71%73%
Infants/Primary12%9%
Secondary Education10%7%
University or other Tertiary Institution3%5%
Technical or Further Education2%3%
Transport to Work - Top 5MeltonMelbourne
Car (driver)28%28%
Car (passenger)3%3%
Train & Other2%1%
Worked at home1%2%
Train Only1%2%
Type of Dwelling - Top 3MeltonMelbourne
Separate house93%74%
Flat4%14%
Semi/Terrace1%8%
Nature of Occupancy - Top 3MeltonMelbourne
Purchasing45%27%
Fully Owned35%43%
Rented15%24%
Monthly Loan Repayment - Top 5MeltonMelbourne
$600-$79926%21%
$800-$99921%19%
$400-$59920%16%

Crime Rate of Melton

Crime TypeRate of MELTONRate of VIC
Crime Against Property4,9424,607
Crime Against the Person1,111940
Drug Offences292311
Other Crime596875
Total6,9416,733
Note: Melton belongs to city Melton. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Melton, VIC 3337
(36.41 km to CBD)

Median House Price

$410,000

Median Unit Price

$310,000

Selected Demographics of Melton

  • 6705 Number of House
  • 1084 Number of Unit
  • 21941 Number of People
  • 38 Median Age
  • 2.4 Median Household Size
  • $220 Weekly Rent
  • $447 Weekly Individual Income
  • $1,048 Weekly Family Income
  • $878 Weekly Household Income
  • $410,000 Median Asking Price
  • $300 Median Rent
  • 0.04% Rent Yield
  • 211 Stock On Sale
  • 1.05% Vacancy Rate
  • 206 Average Supply
  • 3144 Average Demand
  • 15.25 Supply Demand Ratio

Schools in Melton

School NameSchool SectorSchool Type
Kurunjang Primary SchoolGovernmentPrimary
Kurunjang Secondary CollegeGovernmentSecondary
Melton Primary SchoolGovernmentPrimary
Melton Secondary CollegeGovernmentSecondary
Melton Specialist School
Melton West Primary SchoolGovernmentPrimary
St Dominic's Primary SchoolIndependentPrimary

Barry Plant - Melton 14%

PRDnationwide - Melton 14%
Ray White - Melton 7%
Professionals Ryder Real Estate - Melton 7%
Stockdale & Leggo - Melton 6%
Raine & Horne - Melton 5%
Hocking Stuart Melton - MELTON 5%
YPA Estate Agents - Melton 5%
5%
First National Real Estate Tim Farnan - MELTON 2%

Leading Agents (Rent)

Agent NamePercentage
Stockdale & Leggo - Melton21%
Barry Plant - Melton10%
First National Real Estate Tim Farnan - MELTON10%
Professionals Ryder Real Estate - Melton7%
Raine & Horne - Melton6%
PRD Jens Gaunt - Melton4%
Ray White - Melton4%
Cooper Real Estate3%
Sweeney Estate Agents - Melton3%
Parktrent Properties Group - Prahran2%