Melton South, VIC 3338 (36.23 km to CBD)
Surrounding Suburbs: Brookfield 3338 Exford 3338 Melton 3337 Melton West 3337 Mount Cottrell 3024 Rockbank 3335 Eynesbury 3338
Selected Demographics of Melton South
- $520,000 Median House Price
- $347,000 Median Unit Price
- 5489 Number of House
- 867 Number of Unit
- 11867 Number of People
- 36 Median Age
- 2.5 Median Household Size
- $220 Weekly Rent
- $469 Weekly Individual Income
- $1,060 Weekly Family Income
- $924 Weekly Household Income
Suburb Location
More Recent Sold in Melton South
| Address | Sold Date | Price |
|---|---|---|
| 14 Enrica Drive, Melton South VIC | 25 Apr 2024 | $457,200 |
| 71 Station Road, Melton South VIC | 24 Apr 2024 | $540,000 |
| 26 Callanan Drive, Melton South VIC | 24 Apr 2024 | $401,000 |
| 36 Hanover Circuit, Melton South VIC | 23 Apr 2024 | $585,000 |
| 66-68 Exford Road, Melton South VIC | 22 Apr 2024 | $930,000 |
More Recent Rent in Melton South
| Address | Rent Date | Price |
|---|---|---|
| 31 Gillespie Drive, Melton South VIC | 29 Mar 2024 | $420 |
| 22 Denny Pl, Melton South VIC | 28 Mar 2024 | $450 |
| 10 Wentworth Road, Melton South VIC | 26 Mar 2024 | $370 |
| 23/58 Andrew Street, Melton South VIC | 26 Mar 2024 | $350 |
| 22 Bonito Street, Melton South VIC | 25 Mar 2024 | $480 |
Rent Yield in Melton South
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | - | $380 | - | - | $380 | - | 1 |
| 2 | $349,957 | $339 | 5.04% | $350,000 | $340 | 5.05% | 32 |
| 3 | $467,552 | $389 | 4.33% | $449,000 | $380 | 4.40% | 149 |
| 4 | $721,943 | $468 | 3.37% | $599,000 | $458 | 3.98% | 87 |
| 5 | $616,143 | $470 | 3.97% | $599,000 | $480 | 4.17% | 10 |
| 6 | $700,000 | - | - | $700,000 | - | - | 1 |
| House | |||||||
| 2 | $361,750 | $315 | 4.53% | $359,500 | $315 | 4.56% | 6 |
| 3 | $497,727 | $395 | 4.13% | $452,500 | $385 | 4.42% | 85 |
| 4 | $579,545 | $465 | 4.17% | $585,000 | $450 | 4.00% | 64 |
| 5 | $594,000 | $470 | 4.11% | $589,000 | $480 | 4.24% | 7 |
| Unit/apmt | |||||||
| 2 | $333,333 | $350 | 5.46% | $337,000 | $350 | 5.40% | 14 |
| 3 | $344,500 | $343 | 5.18% | $344,500 | $325 | 4.91% | 5 |
| Townhouse | |||||||
| 3 | $355,000 | $410 | 6.01% | $355,000 | $410 | 6.01% | 2 |
| Other | |||||||
| 2 | $350,000 | - | - | $350,000 | - | - | 1 |
| Unknown | |||||||
| 1 | - | $380 | - | - | $380 | - | 1 |
| 2 | $375,333 | $345 | 4.78% | $374,000 | $340 | 4.73% | 11 |
| 3 | $419,100 | $387 | 4.80% | $419,500 | $380 | 4.71% | 57 |
| 4 | $1,066,073 | $475 | 2.32% | $663,250 | $470 | 3.68% | 23 |
| 5 | $645,667 | - | - | $599,000 | - | - | 3 |
| 6 | $700,000 | - | - | $700,000 | - | - | 1 |
Schools in Melton South
| School Name | School Sector | School Type |
|---|---|---|
| Coburn Primary School | Non-government | Primary |
| Melton Christian College | Non-government | Combined |
| Melton South Primary School | Non-government | Primary |
| St Anthony's Primary School | Non-government | Primary |
| Staughton College | Non-government | Secondary |
Leading Agents (Sale)
| Agent Name | Percentage |
|---|---|
| Ray White - Melton | 14% |
| YPA Estate Agents - Melton | 13% |
| Professionals Ryder Real Estate - Melton | 13% |
| Cooper Real Estate | 12% |
| First National Real Estate Tim Farnan - MELTON | 9% |
| Mimosa Homes Pty Ltd - Derrimut | 5% |
| Raine & Horne - Melton | 4% |
| Hocking Stuart Melton - MELTON | 4% |
| Eric Kontek Real Estate Pty Ltd - Melton | 3% |
| Stockdale & Leggo - Melton | 3% |
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Raine & Horne - Melton | 13% |
| Stockdale & Leggo - Melton | 10% |
| First National Real Estate Tim Farnan - MELTON | 10% |
| Professionals Ryder Real Estate - Melton | 7% |
| Barry Plant - Melton | 7% |
| Ray White - Melton | 6% |
| Parktrent Properties Group - Prahran | 5% |
| YPA Estate Agents - Melton | 4% |
| PRD Jens Gaunt - Melton | 3% |
| Metro Property Management Pty Ltd - Balwyn | 3% |
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 South
| PopulationSize | Melton South | Melbourne |
| All People | 11867 | 3366613 |
| Country of Origin | Melton South | Melbourne |
| Australian Born | 83% | 65% |
| Born Overseas - Top 5 | Melton South | Melbourne |
| United Kingdom | 6% | 5% |
| Malta | 2% | 1% |
| New Zealand | 1% | 1% |
| Germany | 1% | 1% |
| Italy | 1% | 2% |
| Median household income | Melton South | Melbourne |
| Weekly income | $1,096 | $1,333 |
| Age Statistics | Melton South | Melbourne |
| 20 to 39 | 29% | 33% |
| 40 to 59 | 28% | 28% |
| 5 to 19 | 27% | 14% |
| 60+ | 8% | 17% |
| 0 to 4 | 7% | 7% |
| Family Statistics - Top 5 | Melton South | Melbourne |
| Married | 49% | 51% |
| Never Married | 34% | 33% |
| Divorced | 8% | 7% |
| Separated | 5% | 3% |
| Widowed | 4% | 6% |
| Religion - Top 5 | Melton South | Melbourne |
| Catholic | 38% | 33% |
| No Religion | 22% | 19% |
| Anglican | 20% | 16% |
| Uniting Church | 6% | 5% |
| Presbyterian and Reformed | 3% | 3% |
| Occupation - Top 5 | Melton South | Melbourne |
| Intermediate Clerical/Sales/Service | 8% | 7% |
| Tradespersons and Related Workers | 7% | 6% |
| Intermediate Production and Transport | 5% | 4% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Associate Professional | 4% | 5% |
| Education - Top 5 | Melton South | Melbourne |
| Not Attending (Working) | 71% | 73% |
| Infants/Primary | 12% | 9% |
| Secondary Education | 10% | 7% |
| Technical or Further Education | 2% | 3% |
| University or other Tertiary Institution | 2% | 5% |
| Transport to Work - Top 5 | Melton South | Melbourne |
| Car (driver) | 26% | 28% |
| Car (passenger) | 3% | 3% |
| Train Only | 3% | 2% |
| Train & Other | 1% | 1% |
| Worked at home | 1% | 2% |
| Type of Dwelling - Top 3 | Melton South | Melbourne |
| Separate house | 88% | 74% |
| Flat | 7% | 14% |
| Semi/Terrace | 3% | 8% |
| Nature of Occupancy - Top 3 | Melton South | Melbourne |
| Purchasing | 44% | 27% |
| Fully Owned | 32% | 43% |
| Rented | 19% | 24% |
| Monthly Loan Repayment - Top 5 | Melton South | Melbourne |
| $600-$799 | 31% | 21% |
| $400-$599 | 22% | 16% |
| $200-$399 | 17% | 8% |
Based on Australian Bureau of Statistics data
