Thinking about buying in Melton West? Now could not be a better time, with 8384 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $678,000 with prices in this suburb ranging from $162,000 to $15,530,000. The aproximate distance to the coast is 29 Km.
Median Weekly Rent | $334.28 |
Median Monthly Mortgage | $1486.89 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.97 |
Average Age | 36.89 |
Average Income | $650.14 |
Average Cars Per Dwelling | 2.03 |
Average Properties Within 50M | 1885 |
1 Bed  $490,000 |
2 Bed  $513,000 |
3 Bed  $654,000 |
4 Bed  $779,000 |
5 Bed  $845,000 |
6 Bed+$805,000 |
Consistent high demand relative to supply is a key feature in Melton West driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Melton West are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Melton West provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Melton West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Melton West we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melton West a better buying opportunity than it may have been in the past.
Melton Secondary College
St Catherine of Siena School
Catholic Regional College Melton
Melton West Primary School
Wedge Park Primary School
Melton Specialist School
Arnolds Creek Primary School
Coburn Primary School
Melton Christian College
Kurunjang Secondary College
(While the above schools are located with the suburb of Melton West there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
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