5 Heron Way

Melton South VIC 3338

The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Melton South is 30-39 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a trades occupation. In 2011, 65.9% of the homes in Melton South were owner-occupied compared with 63.7% in 2016.

Melton South has 7,570 properties. Over the last 5 years, Houses in Melton South have seen a 28.08% increase in median value, while Units have seen a 10.71% increase. As at 30 September 2024:

• The median value for Houses in Melton South is $494,384 while the median value for Units is $358,701.
• Houses have a median rent of $420 while Units have a median rent of $370.