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Melton
VIC, 3337

Thinking about buying in Melton? Now could not be a better time, with 553 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,633,000 with prices in this suburb ranging from $579,000 to $3,785,000. The aproximate distance to the coast is 28 Km.

Household Makeup

Median Weekly Rent	$398.40
Median Monthly Mortgage	$2247.00
Median Persons Per Bedroom	0.74
Average Household Size	3.00
Average Age	47.60
Average Income	$899.20
Average Cars Per Dwelling	2.85
Average Properties Within 50M	2

Housing Stock

Average Property Prices

1 Bed $1,548,000

2 Bed $1,698,000

3 Bed $1,219,000

4 Bed $1,476,000

5 Bed $1,499,000

6 Bed+$1,698,000

Properties for sale in Melton

Instant Property Valuation

Melton Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Melton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Melton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Melton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Melton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Melton the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Melton

	165-197 hjorths rd, toolern vale, vic, 3337				$800,000

Local Schools

Toolern Vale and District Primary School

(While the above schools are located with the suburb of Melton there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Melton weather - Average Local Climate by month

	(mm) RAIN	Min (°C) TEMP	Max (°C) TEMP	Min (%) HUMIDITY	Max (%) HUMIDITY	(m/sec) WIND	(MJ/sq m) SOLAR
Jan	1.3	14.5	27.7	34.8	87.0	5.5	24.3
Feb	1.3	14.4	27.0	37.6	88.5	5.2	20.4
Mar	1.3	13.1	24.6	39.8	88.6	5.0	15.9
Apr	1.4	10.4	20.9	43.7	90.6	4.9	11.9
May	1.2	8.2	16.9	51.3	90.8	5.4	8.6
Jun	1.4	6.2	14.1	58.9	93.2	5.2	7.3
Jul	1.0	5.9	13.7	56.0	91.4	6.2	7.7
Aug	1.2	6	14.7	49.2	90.3	6.1	10.3
Sept	1.6	7.4	17.7	42.8	89.4	6.1	14.5
Oct	1.6	8.8	20.7	39.2	90.1	5.6	18.6
Nov	1.9	10.7	22.9	38	90.3	5.4	21.7
Dec	1.7	12.6	25.5	35.7	88.6	5.4	25.3

source: Australian Government Bureau of Meteorology

Internet Speed

Nearby Suburbs

Toolern Vale Harkness Gisborne South Melton Coimadai Long Forest Melton West Diggers Rest Gisborne Plumpton

Public Transport

Melton - Greater then 10KM

Clarkefield - Greater then 10KM

Riddells Creek - Greater then 10KM

Caroline Springs - Greater then 10KM

Sunbury - Greater then 10KM

Cobblebank - Greater then 10KM

Watergardens - Greater then 10KM

Bacchus Marsh - Greater then 10KM

Diggers Rest - Greater then 10KM

Rockbank - Greater then 10KM

General Points of Interest

Melton Waves - Less than 10 KM

Melton Valley Golf Club - Less than 10 KM

Armed Services Historic Marker - Less than 10 KM