Melton Suburb ProfileVictoria 3337
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Melton has 5,168 properties. Over the last 5 years, Houses in Melton have seen a 22.11% increase in median value, while Units have seen a 23.33% increase. As at 30 November 2024:
- The median value for Houses in Melton is $474,970 while the median value for Units is $375,335.
- Houses have a median rent of $400 while Units have a median rent of $380.
The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.
Market Insights
Melton Trends for Houses
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Melton Trends for Units
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Neighbourhood Insights
Age
Population 8,063
0-9
13%
10-19
11%
20-29
14%
30-39
13%
40-49
12%
50-59
12%
60-69
15%
70-79
8%
80-89
2%
Household Structure
Occupancy
Recent Sales in MELTON 3337
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Properties for sale in MELTON 3337
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Properties for rent in MELTON 3337
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 25/12/2024
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