Beta

Melton

  • There are around 7,996 residents living in Melton
  • Most residents are singles, with 25% aged 60+ years old
  • Majority of homes are detached houses lived in by renters
Melton Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 4 years. Source: CoreLogic

$536,483

House median sale price

12% Growth

L

ast 12 months

$401,612

Unit median sale price

7% Growth

L

ast 12 months

Median price trend

This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.

Showing the trend for house prices over the last 4 years. Source: CoreLogic

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

22 Days

House median days on market

26 Days

Unit median days on market

248 Properties

Sold in last 12 months

39 Properties

Available in the last month

Suburb snapshot

Last month Melton had 39 properties on sale, with 248 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $536,483, which has increased by 12%. The median sale price for units has been around $401,612 and has increased by 7%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Melton is around $410 and has increased by 3% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $395 and has increased by 4%.

There are around 7,996 residents living in Melton. They are predominantly made up of singles, living in detached houses with the majority being renters. The most common occupations for locals are clerical and administrative workers, community and personal service workers, and labourers. Melton also has a number of primary and secondary schools nearby, including Melton Primary School (primary) and Djerriwarrh Community & Education Services - Djerriwarrh Community College (secondary).

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Melton residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

60+

Is the most common age range

Renters

Most common occupant type

Singles

Most common household profile

Machinery Operators and Drivers

Most common occupation

Detached Houses

Most common property type

Occupant status

This may indicate the likelihood of long term residence as owners are less likely to move. The most common are renters.

3,266

Total properties

Renters

(31%)

Outright Owners

(30%)

Mortgaged Owners

(27%)

Other

(11%)

Community Housing

(0%)

Property types

This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.

3,546

Total properties

Detached Houses

(82%)

Townhouses

(17%)

Other

(0%)

Apartments

(0%)

Age ranges

This may indicate what stage of life these residents are at. The most common is 60+.

19-30

31-40

41-50

51-60

60+

Under 18

Household profiles

This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is singles.

Couples

Families

Lone Parents

Other

Singles

Individual yearly income

This may indicate the affluence of individuals in the area. The average income band is $0k - $34k per year.

5,068

individuals

$0k - $34k

(52%)

$35k - $78k

(36%)

$79k - $103k

(7%)

$104k - $182k

(4%)

$182k+

(1%)

Occupations

The top 5 occupations in Melton.

1

Machinery Operators and Drivers

2

Technicians and Trades Workers

3

Community and Personal Service Workers

4

Labourers

5

Clerical and Administrative Workers
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Nearby education

Schooling and educational options in the area, for all ages.

Melton Primary School

K - Yr 6

Government

Muhammadiyah Australia College

K - Yr 12

Independent

St Dominic's School

K - Yr 6

Catholic

Get a wider view

Widen your research to learn about the council or state that Melton belongs to.

Melton

View the council data

Victoria

Get a view of the whole state

Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

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