Melton, VIC 3337 (36.41 km to CBD)
Surrounding Suburbs: Brookfield 3338 Kurunjang 3337 Melton South 3338 Melton West 3337 Plumpton 3335 Rockbank 3335 Toolern Vale 3337
Selected Demographics of Melton
- $500,000 Median House Price
- $372,500 Median Unit Price
- 6705 Number of House
- 1084 Number of Unit
- 21941 Number of People
- 38 Median Age
- 2.4 Median Household Size
- $220 Weekly Rent
- $447 Weekly Individual Income
- $1,048 Weekly Family Income
- $878 Weekly Household Income
Suburb Location
More Recent Sold in Melton
| Address | Sold Date | Price |
|---|---|---|
| 4 Rigel Street, Melton VIC | 25 Apr 2024 | $447,000 |
| 5 Curlew Close, Melton VIC | 24 Apr 2024 | $0 |
| 22 Lorimer Street, Melton VIC | 24 Apr 2024 | $505,000 |
| 30/35-47 Tullidge Street, Melton VIC | 19 Apr 2024 | $385,000 |
| 4 Marina Drive, Melton VIC | 17 Apr 2024 | $535,000 |
More Recent Rent in Melton
| Address | Rent Date | Price |
|---|---|---|
| 12 Lindsay Court, Melton VIC | 25 Mar 2024 | $465 |
| 51 Church Street, Melton VIC | 22 Mar 2024 | $420 |
| 35-37 Corella Avenue, Melton VIC | 21 Mar 2024 | $500 |
| 9 Carina Drive, Melton VIC | 20 Mar 2024 | $400 |
| 472 High Street, Melton VIC | 19 Mar 2024 | $370 |
Rent Yield in Melton
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | - | $500 | - | - | $500 | - | 1 |
| 2 | $524,667 | $329 | 3.26% | $360,000 | $320 | 4.62% | 17 |
| 3 | $452,875 | $385 | 4.42% | $449,000 | $380 | 4.40% | 137 |
| 4 | $527,412 | $423 | 4.17% | $542,400 | $420 | 4.03% | 46 |
| 5 | $972,250 | $550 | 2.94% | $759,500 | $550 | 3.77% | 6 |
| House | |||||||
| 2 | $1,400,000 | $320 | 1.19% | $1,400,000 | $310 | 1.15% | 4 |
| 3 | $459,122 | $384 | 4.35% | $459,000 | $380 | 4.31% | 90 |
| 4 | $545,131 | $423 | 4.03% | $554,500 | $410 | 3.84% | 31 |
| 5 | $1,046,333 | $520 | 2.58% | $769,000 | $520 | 3.52% | 4 |
| Unit/apmt | |||||||
| 2 | $349,600 | $353 | 5.25% | $360,000 | $360 | 5.20% | 8 |
| 3 | $374,667 | $370 | 5.14% | $365,000 | $370 | 5.27% | 6 |
| Townhouse | |||||||
| 3 | - | $425 | - | - | $425 | - | 1 |
| Other | |||||||
| 1 | - | $500 | - | - | $500 | - | 1 |
| Unknown | |||||||
| 2 | - | $320 | - | - | $320 | - | 5 |
| 3 | $446,917 | $388 | 4.51% | $444,000 | $380 | 4.45% | 40 |
| 4 | $476,787 | $424 | 4.62% | $542,400 | $425 | 4.07% | 15 |
| 5 | $750,000 | $580 | 4.02% | $750,000 | $580 | 4.02% | 2 |
Schools in Melton
| School Name | School Sector | School Type |
|---|---|---|
| Kurunjang Primary School | Non-government | Primary |
| Kurunjang Secondary College | Non-government | Secondary |
| Melton Primary School | Non-government | Primary |
| Melton Secondary College | Non-government | Secondary |
| Melton West Primary School | Non-government | Primary |
| Mowbray College | Non-government | Combined |
| St Dominic's Primary School | Non-government | Primary |
Leading Agents (Sale)
| Agent Name | Percentage |
|---|---|
| Professionals Ryder Real Estate - Melton | 16% |
| Cooper Real Estate | 14% |
| YPA Estate Agents - Melton | 10% |
| First National Real Estate Tim Farnan - MELTON | 10% |
| Hocking Stuart Melton - MELTON | 9% |
| Ray White - Melton | 8% |
| Raine & Horne - Melton | 7% |
| Henley - Mount Waverley | 4% |
| Eric Kontek Real Estate Pty Ltd - Melton | 3% |
| Mimosa Homes Pty Ltd - Derrimut | 2% |
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Stockdale & Leggo - Melton | 21% |
| Barry Plant - Melton | 10% |
| First National Real Estate Tim Farnan - MELTON | 10% |
| Professionals Ryder Real Estate - Melton | 7% |
| Raine & Horne - Melton | 6% |
| PRD Jens Gaunt - Melton | 4% |
| Ray White - Melton | 4% |
| Cooper Real Estate | 3% |
| Sweeney Estate Agents - Melton | 3% |
| Parktrent Properties Group - Prahran | 2% |
Crime Rate of Melton
| Crime Type | Rate of MELTON | Rate of VIC |
| Crime Against Property | 4,942 | 4,607 |
| Crime Against the Person | 1,111 | 940 |
| Drug Offences | 292 | 311 |
| Other Crime | 596 | 875 |
| Total | 6,941 | 6,733 |
Demographics of Melton
| PopulationSize | Melton | Melbourne |
| All People | 21941 | 3366613 |
| Country of Origin | Melton | Melbourne |
| Australian Born | 81% | 65% |
| Born Overseas - Top 5 | Melton | Melbourne |
| United Kingdom | 7% | 5% |
| Malta | 2% | 1% |
| New Zealand | 1% | 1% |
| Germany | 1% | 1% |
| Italy | 1% | 2% |
| Median household income | Melton | Melbourne |
| Weekly income | $1,167 | $1,333 |
| Age Statistics | Melton | Melbourne |
| 40 to 59 | 28% | 28% |
| 20 to 39 | 28% | 33% |
| 5 to 19 | 27% | 14% |
| 60+ | 9% | 17% |
| 0 to 4 | 7% | 7% |
| Family Statistics - Top 5 | Melton | Melbourne |
| Married | 52% | 51% |
| Never Married | 33% | 33% |
| Divorced | 7% | 7% |
| Separated | 4% | 3% |
| Widowed | 4% | 6% |
| Religion - Top 5 | Melton | Melbourne |
| Catholic | 37% | 33% |
| No Religion | 22% | 19% |
| Anglican | 20% | 16% |
| Uniting Church | 7% | 5% |
| Presbyterian and Reformed | 4% | 3% |
| Occupation - Top 5 | Melton | Melbourne |
| Intermediate Clerical/Sales/Service | 8% | 7% |
| Tradespersons and Related Workers | 7% | 6% |
| Intermediate Production and Transport | 5% | 4% |
| Associate Professional | 5% | 5% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Education - Top 5 | Melton | Melbourne |
| Not Attending (Working) | 71% | 73% |
| Infants/Primary | 12% | 9% |
| Secondary Education | 10% | 7% |
| University or other Tertiary Institution | 3% | 5% |
| Technical or Further Education | 2% | 3% |
| Transport to Work - Top 5 | Melton | Melbourne |
| Car (driver) | 28% | 28% |
| Car (passenger) | 3% | 3% |
| Train & Other | 2% | 1% |
| Worked at home | 1% | 2% |
| Train Only | 1% | 2% |
| Type of Dwelling - Top 3 | Melton | Melbourne |
| Separate house | 93% | 74% |
| Flat | 4% | 14% |
| Semi/Terrace | 1% | 8% |
| Nature of Occupancy - Top 3 | Melton | Melbourne |
| Purchasing | 45% | 27% |
| Fully Owned | 35% | 43% |
| Rented | 15% | 24% |
| Monthly Loan Repayment - Top 5 | Melton | Melbourne |
| $600-$799 | 26% | 21% |
| $800-$999 | 21% | 19% |
| $400-$599 | 20% | 16% |
Based on Australian Bureau of Statistics data
