Melton West Suburb Profile
Victoria 3337

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

Melton West has 3,710 properties. Over the last 5 years, Houses in Melton West have seen a 22.09% increase in median value, while Units have seen a 15.94% increase. As at 30 November 2024:

  • The median value for Houses in Melton West is $552,768 while the median value for Units is $415,433.
  • Houses have a median rent of $420 while Units have a median rent of $380.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Melton west on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Melton west.

The size of Melton West is approximately 9.3 square kilometres. It has 22 parks covering nearly 14.7% of total area. The population of Melton West in 2011 was 14,171 people. By 2016 the population was 17,621 showing a population growth of 24.3% in the area during that time. The predominant age group in Melton West is 0-9 years. Households in Melton West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Melton West work in a trades occupation. In 2011, 75% of the homes in Melton West were owner-occupied compared with 71.6% in 2016.

Suburb Insights for MELTON WEST 3337

Market Insights
Melton West Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melton West Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 17,621

0-9

 

18%

10-19

 

14%

20-29

 

15%

30-39

 

16%

40-49

 

13%

50-59

 

11%

60-69

 

9%

70-79

 

4%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 22/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.