Melville Forest Suburb Profile
Victoria 3315

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Melville Forest has 34 properties. Over the last 5 years, Houses in Melville Forest have seen a -29.46% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Melville Forest is $312,309.
There are currently no properties listed for sale, and no properties listed for rent in Melville forest on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Melville forest.

The size of Melville Forest is approximately 101 square kilometres. The population of Melville Forest in 2011 was 192 people. By 2016 the population was 35 showing a population decline of 81.8% in the area during that time. The predominant age group in Melville Forest is 50-59 years. Households in Melville Forest are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Melville Forest work in a managers occupation. In 2011, 73.5% of the homes in Melville Forest were owner-occupied compared with 62.5% in 2016..

Suburb Insights for MELVILLE FOREST 3315

Market Insights
Melville Forest Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melville Forest Trends for Units
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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 35

0-9

 

14%

10-19

 

14%

30-39

 

10%

50-59

 

29%

60-69

 

17%

Household Structure
Occupancy

Last Updated: 20/10/2024

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.