Real Estate Melton, VIC, 3337

Thinking about buying in Melton? Now could not be a better time, with a whopping 5280 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $441,000 with prices in this suburb ranging from $240,000 to $5,130,000.

Distance to the coast is 25 Km.

Instant Valuation

Melton Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Melton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Melton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Melton 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 necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Melton the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Household makeup

Median Weekly Rent $328.50
Median Monthly Mortgage $1671.00
Median Persons Per Bedroom 0.78
Average Household Size 2.75
Average Age 39.00
Average Income $855.00
Average Cars Per Dwelling 2.51
Average Properties Within 50M 12.00

Typical Property Prices

2 Bed$353,325
3 Bed$518,237
4 Bed$755,486
5 Bed$637,147
6 Bed +$554,778

Housing Stock

Houses for sale Melton

Barry Plant 15 WATSON CT, MELTON, VIC, 3337 3 2 3 $459,000 - $489,000
Barry Plant 3 PERRY CL, MELTON, VIC, 3337 4 1 2 $409,000 - $449,900
Barry Plant 50 MARINA DR, MELTON, VIC, 3337 6 2 2 $539,000 - $579,000
Barry Plant 4 CASEY CT, MELTON, VIC, 3337 5 3 6 $580,000 - $630,000
Barry Plant 22 MAVI AV, MELTON, VIC, 3337 3 2 2 $490,000 - $535,000
Belle Property 2 KINLOCH RD, MELTON, VIC, 3337 3 1 4 $439,000 - $459,000
Belle Property 31 ALKEMADE DR, MELTON, VIC, 3337 3 2 2 $559,000-$599,000
Biggin & Scott 7 ARAWATA PDE, MELTON, VIC, 3337 5 2 4 Contact Agent
Biggin & Scott 16 PENGUIN ST, MELTON, VIC, 3337 3 2 2 Contact Sumit!
Biggin & Scott UNIT 1, 492 HIGH ST, MELTON, VIC, 3337 Under Contract
Biggin & Scott 40 OLDERSHAW RD, MELTON, VIC, 3337 Sold Before Auction!!!
First National 94 BARRIES RD, MELTON, VIC, 3337 3 1 1 $470,000 - $490,000
First National 84 BARRIES RD, MELTON, VIC, 3337 3 1 2 RESIDENTIAL GROWTH ZONE $560,000 - $580,000
First National 7 TERN CT, MELTON, VIC, 3337 3 1 4 $480,000 - $520,000
LJ Hooker 21 MARINA DR, MELTON, VIC, 3337 3 1 4 Contact Zoe Crooks
LJ Hooker 29 RALEIGHS RD, MELTON, VIC, 3337 3 1 4 Contact Zoe Crooks
LJ Hooker 1 RALEIGHS RD, MELTON, VIC, 3337 3 2 2 $489,000-$519,000
LJ Hooker UNIT 7, 39 SCOTT ST, MELTON, VIC, 3337 2 1 2 $399,000-$420,000
LJ Hooker 3 ALKEMADE DR, MELTON, VIC, 3337 3 1 2 $400,000-$440,000
professionals UNIT 24, 51-55 TULLIDGE ST, MELTON, VIC, 3337 3 2 2 $430,000 to $450,000
professionals 51 MARINA DR, MELTON, VIC, 3337 4 2 3 $520,000!!!
professionals UNIT 3, 21 MCKENZIE ST, MELTON, VIC, 3337 2 1 1 Under Contract

Local Schools

Melton Primary School

Melton West Primary School

Melton Specialist School

Kurunjang Primary School

Melton Secondary College

Kurunjang Secondary College

St Dominic's School

(While the above schools are located with the suburb of Melton there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Melton weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.527.734.887.05.524.3
Feb1.314.427.037.688.55.220.4
Mar1.313.124.639.888.65.015.9
Apr1.410.420.943.790.64.911.9
May1.28.216.951.390.85.48.6
Jun1.46.214.158.993.25.27.3
Jul1.05.913.756.091.46.27.7
Aug1.2614.749.290.36.110.3
Sept1.67.417.742.889.46.114.5
Oct1.68.820.739.290.15.618.6
Nov1.910.722.93890.35.421.7
Dec1.712.625.535.788.65.425.3

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

KurunjangCobblebankGrangefieldsMelton SouthBonnie BrookThornhill ParkHarknessMelton WestStrathtullohBrookfield

Public Transport

Melton - Less than 5 KM Caroline Springs - Greater then 10KM Sunbury - Greater then 10KM Cobblebank - Less than 5 KM Watergardens - Greater then 10KM St. Albans - Greater then 10KM Bacchus Marsh - Greater then 10KM Diggers Rest - Greater then 10KM Keilor Plains - Greater then 10KM Rockbank - Less than 10 KM

General Points of Interest

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