Melton South, VIC 3338

Melton South, VIC 3338

Compare Part of Melton

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