Auction Times
Sat 22 Feb | Auction Time | Agency | |
---|---|---|---|
![]() | 22 Morris Street 3 1 2 House | 2:00 PM Sat 22nd Feb | Barry Plant |
Wed 26 Feb | Auction Time | Agency | |
---|---|---|---|
![]() | 7 CANTERBURY CIRCUIT 0 0 0 Residential land | 6:00 PM Wed 26th Feb | Ray White |
![]() | 105 Station Road 2 1 1 House | 6:00 PM Wed 26th Feb | Ray White |
![]() | 107 Station Road 3 1 3 House | 6:00 PM Wed 26th Feb | Ray White |
![]() | 3 Equine Circuit 4 2 2 House | 6:00 PM Wed 26th Feb | Ray White |
Sat 1 Mar | Auction Time | Agency | |
---|---|---|---|
![]() | 19 Staughton Street 3 1 2 House | 12:00 PM Sat 1st Mar | Hocking Stuart Melton |
Median Sale Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $217,500 | 0.0% | $155,000 | $750,000 | 92 |
2010 | $260,000 | +16.3% | $148,680 | $820,000 | 164 |
2011 | $240,000 | -8.3% | $175,000 | $825,000 | 119 |
2012 | $245,000 | +2.0% | $23,500 | $950,000 | 140 |
2013 | $230,000 | -6.5% | $130,000 | $1,000,000 | 152 |
2014 | $235,000 | +2.1% | $126,100 | $420,000 | 168 |
2015 | $257,500 | +8.7% | $125,000 | $820,000 | 210 |
2016 | $287,000 | +10.3% | $1,000 | $1,020,000 | 242 |
2017 | $380,000 | +24.5% | $232,000 | $1,350,000 | 337 |
2018 | $420,000 | +9.5% | $190,000 | $1,152,000 | 251 |
2019 | $406,000 | -3.4% | $275,000 | $715,000 | 222 |
2020 | $440,000 | +7.7% | $282,000 | $1,426,000 | 207 |
2021 | $470,000 | +6.4% | $304,000 | $950,000 | 295 |
2022 | $518,000 | +9.3% | $310,000 | $800,000 | 246 |
2023 | $495,000 | -4.6% | $340,000 | $701,000 | 238 |
2024 | $500,000 | +1.0% | $330,000 | $868,000 | 278 |
2025 | $560,000 | +10.7% | $425,000 | $665,000 | 26 |
Median Sale Price
$505K
Based on 270 recorded sales within the last 12 months
Updated on 18 Feb 2025
Suburb Growth
+2.0%
Current Median Price: $505,000
Previous Median Price: $495,000
Based on 525 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2025)
Price Range Segments (12 months ending Jan 2025)
Median Weekly Rent Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $250 | 0.0% | $200 | $538 | 185 |
2012 | $255 | +2.0% | $200 | $593 | 201 |
2013 | $260 | +1.9% | $200 | $575 | 253 |
2014 | $280 | +7.1% | $200 | $2,000 | 282 |
2015 | $280 | 0.0% | $170 | $550 | 277 |
2016 | $300 | +6.7% | $220 | $580 | 275 |
2017 | $320 | +6.3% | $220 | $520 | 491 |
2018 | $330 | +3.0% | $245 | $550 | 395 |
2019 | $340 | +2.9% | $265 | $1,474 | 429 |
2020 | $340 | 0.0% | $250 | $1,647 | 430 |
2021 | $350 | +2.9% | $270 | $510 | 424 |
2022 | $360 | +2.8% | $265 | $640 | 444 |
2023 | $400 | +10.0% | $220 | $750 | 397 |
2024 | $430 | +7.0% | $210 | $2,216 | 452 |
2025 | $450 | +4.4% | $320 | $520 | 20 |
Median Rent Price
$430
per week
Based on 435 recorded rent within the last 12 months
Updated on 18 Feb 2025
Rent Price Growth
+7.0%
Current Median Rent: $430
Previous Median Rent: $400
Based on 816 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $505,000
Current Median rent: $430
Based on 705 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2025)
Auction Results For Melton South
Houses sold in Last 12 months ends 15 Feb 2025
Sold Price Range | No. of Sold Properties | |
---|---|---|
$600 K - $800 K | 2 | |
$400 K - $600 K (Median Price Range) | 13 | |
less than $400 K | 2 | |
Schools closest to Melton South, VIC 3338
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Melton South Primary School | 34 - 46 EXFORD ROADMelton South 3338 | Primary | Government | 0.47 km |
St Anthony's Primary School | WILSON RDMelton South 3338 | Primary | Catholic | 0.58 km |
Staughton College | WILSON ROADMelton South 3338 | Secondary | Government | 0.64 km |
Coburn Primary School | 26 RICHARD ROADMelton South 3338 | Primary | Government | 1.31 km |
Melton Christian College | 152-156 BROOKLYN ROADMelton South 3338 | Combined | Independent | 1.37 km |
Melton West Primary School | 4 WESTMELTON DRIVEMelton 3337 | Primary | Government | 2.58 km |