Melton South

A steady increase in median property prices over a five-year period in MELTON SOUTH, 3338 translates to a 6.19% capital gain.

MELTON SOUTH, 3338 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $300,000.

Augmented property values in MELTON SOUTH are trailing behind the VIC average of 5.88% for the past year.

Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

Home owners selling their properties and realtors in MELTON SOUTH usually have to wait an average of 64.7 days days before their assets are lifted off the market.

MELTON SOUTH ranks 20th on the list of best yielding suburbs for rental properties in VIC, posting a 5.2% return.

MELTON SOUTH, 3338 places th in Australia based on median property value growth during the quarter.