Auction Times
Sat 22 Feb | Auction Time | Agency | |
---|---|---|---|
![]() | 5 Bittern Street 4 1 1 House | 11:00 AM Sat 22nd Feb | Burnham Real Estate |
![]() | 3 Irving Road 3 1 2 House | 1:00 PM Sat 22nd Feb | Area Specialist |
![]() | 29 Rosina Drive 3 1 2 House | 1:00 PM Sat 22nd Feb | RayWhite Rockbank |
![]() | 23 Bittern Street 3 1 0 House | 1:30 PM Sat 22nd Feb | Barry Plant |
![]() | 35-57 Finchs Road 4 2 2 Acreage-semi-rural | 2:00 PM Sat 22nd Feb | Local Expertz |
Wed 26 Feb | Auction Time | Agency | |
---|---|---|---|
![]() | 515 High Street 4 2 1 House | 6:00 PM Wed 26th Feb | Ray White |
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 | $239,000 | 0.0% | $160,000 | $630,000 | 338 |
2010 | $285,607 | +16.3% | $70,000 | $1,750,000 | 625 |
2011 | $268,000 | -6.6% | $122,500 | $1,860,000 | 219 |
2012 | $250,000 | -7.2% | $103,000 | $810,000 | 175 |
2013 | $250,000 | 0.0% | $143,000 | $1,650,000 | 162 |
2014 | $245,000 | -2.0% | $100,000 | $772,000 | 202 |
2015 | $255,000 | +3.9% | $178,000 | $800,000 | 184 |
2016 | $280,000 | +8.9% | $178,000 | $826,000 | 163 |
2017 | $365,000 | +23.3% | $230,000 | $2,350,000 | 255 |
2018 | $410,000 | +11.0% | $250,500 | $1,100,000 | 184 |
2019 | $385,000 | -6.5% | $260,500 | $1,060,000 | 162 |
2020 | $390,000 | +1.3% | $300,000 | $1,635,000 | 142 |
2021 | $450,000 | +13.3% | $302,000 | $1,730,000 | 225 |
2022 | $499,000 | +9.8% | $305,000 | $2,000,000 | 180 |
2023 | $470,000 | -6.2% | $340,000 | $1,500,000 | 145 |
2024 | $471,500 | +0.3% | $335,000 | $2,040,000 | 177 |
2025 | $500,000 | +5.7% | $410,000 | $690,100 | 21 |
Median Sale Price
$474K
Based on 180 recorded sales within the last 12 months
Updated on 18 Feb 2025
Suburb Growth
+0.6%
Current Median Price: $473,500
Previous Median Price: $470,600
Based on 326 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 | $270 | 0.0% | $170 | $600 | 395 |
2012 | $260 | -3.8% | $180 | $585 | 348 |
2013 | $260 | 0.0% | $200 | $550 | 363 |
2014 | $265 | +1.9% | $185 | $699 | 239 |
2015 | $270 | +1.9% | $180 | $1,300 | 279 |
2016 | $285 | +5.3% | $225 | $550 | 204 |
2017 | $310 | +8.1% | $210 | $550 | 206 |
2018 | $320 | +3.1% | $240 | $1,200 | 221 |
2019 | $325 | +1.5% | $260 | $2,860 | 217 |
2020 | $320 | -1.6% | $250 | $500 | 211 |
2021 | $330 | +3.0% | $250 | $1,369 | 241 |
2022 | $350 | +5.7% | $220 | $900 | 246 |
2023 | $370 | +5.4% | $300 | $1,700 | 161 |
2024 | $410 | +9.8% | $325 | $1,200 | 171 |
2025 | $430 | +4.7% | $390 | $450 | 8 |
Median Rent Price
$420
per week
Based on 149 recorded rent within the last 12 months
Updated on 18 Feb 2025
Rent Price Growth
+9.5%
Current Median Rent: $420
Previous Median Rent: $380
Based on 317 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $473,500
Current Median rent: $420
Based on 329 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
Houses sold in Last 12 months ends 15 Feb 2025
$460K
Median Sale Price
60%
Clearance Rate
12/20
Sold/Reported
$980K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$800 K - $1 M | 1 | |
$400 K - $600 K (Median Price Range) | 10 | |
less than $400 K | 1 | |
Schools closest to Melton, VIC 3337
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
St Dominic's Primary School | CHURCH STMelton 3337 | Primary | Catholic | 0.28 km |
Melton Primary School | 10 UNITT STREETMelton 3337 | Primary | Government | 0.4 km |
Kurunjang Secondary College | KURUNJANG DRIVEMelton 3337 | Secondary | Government | 1.19 km |
Kurunjang Primary School | 37-45 MOWBRAY CRESCENTMelton 3337 | Primary | Government | 1.28 km |
Coburn Primary School | 26 RICHARD ROADMelton South 3338 | Primary | Government | 1.48 km |
Melton Secondary College | COBURNS ROADMelton 3337 | Secondary | Government | 1.42 km |