Melton, VIC 3337

Melton, VIC 3337

Compare Part of Melton

36.41 km
Distance from CBD
22 k
Population

Auction Times

Sat 20 Apr
 Auction Time Agency
30/35-47 Tullidge Street
3 1 1 Unit
10:30 AM
Sat 20th Apr		 Raine & Horne
Wed 24 Apr
 Auction Time Agency
85 Centenary Avenue
3 2 2 House
6:00 PM
Wed 24th Apr		 Ray White
13 Curlew Close
3 1 2 House
6:00 PM
Wed 24th Apr		 Ray White
4 Rigel Street
3 1 2 House
6:00 PM
Wed 24th Apr		 Ray White
39 Darlingsford Boulevard
4 2 2 House
6:00 PM
Wed 24th Apr		 Ray White
Median Sale Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$239,000
 0.0% $160,000 $630,000 338
2010
$285,607
 +16.3% $70,000 $1,750,000 625
2011
$268,000
 -6.6% $122,500 $1,860,000 219
2012
$250,000
 -7.2% $103,000 $810,000 175
2013
$250,000
 0.0% $143,000 $1,650,000 162
2014
$245,000
 -2.0% $100,000 $772,000 202
2015
$255,000
 +3.9% $178,000 $800,000 184
2016
$280,000
 +8.9% $178,000 $826,000 163
2017
$365,000
 +23.3% $230,000 $2,350,000 255
2018
$410,000
 +11.0% $250,500 $1,100,000 184
2019
$385,000
 -6.5% $260,500 $1,060,000 162
2020
$390,000
 +1.3% $300,000 $1,635,000 142
2021
$450,000
 +13.3% $302,000 $1,730,000 225
2022
$500,000
 +10.0% $305,000 $2,000,000 180
2023
$470,000
 -6.4% $340,000 $1,500,000 145
2024
$480,000
 +2.1% $380,000 $2,040,000 42
Median Sale Price
$475K
Based on 152 recorded sales within the last 12 months
Updated on 17 Apr 2024
Suburb Growth
-1.1%
Current Median Price: $475,000
Previous Median Price: $480,000
Based on 307 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$270
 0.0% $170 $600 395
2012
$260
 -3.8% $180 $585 348
2013
$260
 0.0% $200 $550 363
2014
$265
 +1.9% $185 $699 239
2015
$270
 +1.9% $180 $1,300 279
2016
$285
 +5.3% $225 $550 204
2017
$310
 +8.1% $210 $550 206
2018
$320
 +3.1% $240 $1,200 221
2019
$320
 0.0% $260 $1,257 216
2020
$320
 0.0% $250 $500 211
2021
$330
 +3.0% $250 $1,369 241
2022
$345
 +4.3% $220 $900 244
2023
$370
 +6.8% $300 $1,700 161
2024
$400
 +7.5% $330 $530 41
Median Rent Price
$380
per week
Based on 151 recorded rent within the last 12 months
Updated on 17 Apr 2024
Rent Price Growth
+7.9%
Current Median Rent: $380
Previous Median Rent: $350
Based on 370 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $475,000
Current Median rent: $380
Based on 303 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Melton

Houses sold in Last 12 months ends 13 Apr 2024

$450K

Median Sale Price

72%

Clearance Rate

23/32

Sold/Reported

$655K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K 4
$400 K - $600 K
(Median Price Range)		 18
less than $400 K 1

Schools closest to Melton, VIC 3337

School name Address Type Sector Distance
St Dominic's Primary School CHURCH STMelton 3337 Primary Catholic 0.28 km
Melton Primary School 10 UNITT STREETMelton 3337 Primary Government 0.4 km
Kurunjang Secondary College KURUNJANG DRIVEMelton 3337 Secondary Government 1.19 km
Kurunjang Primary School 37-45 MOWBRAY CRESCENTMelton 3337 Primary Government 1.28 km
Coburn Primary School 26 RICHARD ROADMelton South 3338 Primary Government 1.48 km
Melton Secondary College COBURNS ROADMelton 3337 Secondary Government 1.42 km