Suburb Profile

More Recent Sold in Melton West

More Recent Rent in Melton West

Rent Yield in Melton West

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$360,600--$360,000--5
2$430,167$2993.61%$389,000$3054.08%20
3$437,377$3353.98%$425,000$3404.16%178
4$513,831$3793.84%$519,000$3803.81%127
5$692,375$3882.91%$540,000$4003.85%13
6$526,000--$459,000--3
7$650,000--$650,000--1
House
1$367,000--$379,500--4
2$442,400$2853.35%$389,000$2853.81%12
3$441,159$3363.96%$420,000$3404.21%142
4$516,177$3763.79%$519,000$3803.81%110
5$548,429$3853.65%$530,000$4003.92%11
6$526,000--$459,000--3
7$650,000--$650,000--1
Unit/apmt
1$335,000--$335,000--1
2$389,000--$389,000--1
3$382,000$3274.45%$382,000$3254.42%8
Townhouse
2-$300--$300-1
3-$310--$310-2
Other
3$453,621--$456,559--4
4$504,820$4404.53%$496,025$4404.61%9
5$1,700,000--$1,700,000--1
Unknown
2$349,000$3044.53%$349,000$3104.62%6
3$410,333$3324.21%$397,000$3304.32%22
4$497,250$3954.13%$522,000$3903.89%8
5-$400--$400-1

Schools in Melton West

School NameSchool SectorSchool Type
Catholic Regional College MeltonCatholicSecondary
St Catherine's SchoolCatholicPrimary
Wedge Park Primary SchoolGovernmentPrimary

Crime Rate of Melton

Crime TypeRate of MELTONRate of VIC
Crime Against Property4,9424,607
Crime Against the Person1,111940
Drug Offences292311
Other Crime596875
Total6,9416,733
Note: Melton West belongs to city Melton. Crime rate means the number crimes per 100,000 population.

Demographics of Melton West

PopulationSizeMelton WestMelbourne
All People219413366613
Country of OriginMelton WestMelbourne
Australian Born81%65%
Born Overseas - Top 5Melton WestMelbourne
United Kingdom7%5%
Malta2%1%
New Zealand1%1%
Germany1%1%
Italy1%2%
Median household incomeMelton WestMelbourne
Weekly income$1,167$1,333
Age StatisticsMelton WestMelbourne
40 to 5928%28%
20 to 3928%33%
5 to 1927%14%
60+9%17%
0 to 47%7%
Family Statistics - Top 5Melton WestMelbourne
Married52%51%
Never Married33%33%
Divorced7%7%
Separated4%3%
Widowed4%6%
Religion - Top 5Melton WestMelbourne
Catholic37%33%
No Religion22%19%
Anglican20%16%
Uniting Church7%5%
Presbyterian and Reformed4%3%
Occupation - Top 5Melton WestMelbourne
Intermediate Clerical/Sales/Service8%7%
Tradespersons and Related Workers7%6%
Intermediate Production and Transport5%4%
Associate Professional5%5%
Elementary Clerical/Sales/Service4%4%
Education - Top 5Melton WestMelbourne
Not Attending (Working)71%73%
Infants/Primary12%9%
Secondary Education10%7%
University or other Tertiary Institution3%5%
Technical or Further Education2%3%
Transport to Work - Top 5Melton WestMelbourne
Car (driver)28%28%
Car (passenger)3%3%
Train & Other2%1%
Worked at home1%2%
Train Only1%2%
Type of Dwelling - Top 3Melton WestMelbourne
Separate house93%74%
Flat4%14%
Semi/Terrace1%8%
Nature of Occupancy - Top 3Melton WestMelbourne
Purchasing45%27%
Fully Owned35%43%
Rented15%24%
Monthly Loan Repayment - Top 5Melton WestMelbourne
$600-$79926%21%
$800-$99921%19%
$400-$59920%16%

Supply Demand History in Melton West

MonthSupplyDemand
2015 Apr3974301
2015 May3664584
2015 Jun3684343
2015 Jul3554181
2015 Aug3413704
2015 Sep3433417
2015 Oct3743758
2015 Nov3413441
2015 Dec3072936
2016 Jan3183869
2016 Feb3454280
2016 Mar3663943
2016 Apr3684417

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Melton West, VIC 3337
(38.16 km to CBD)

Surrounding Suburbs

Selected Demographics of Melton West

  • 6720 Number of House
  • 575 Number of Unit
  • 21941 Number of People
  • 30 Median Age
  • 2.9 Median Household Size
  • $265 Weekly Rent
  • $611 Weekly Individual Income
  • $1,418 Weekly Family Income
  • $1,296 Weekly Household Income
  • $472,000 Median Asking Price
  • $350 Median Rent
  • 0.04% Rent Yield
  • 355 Stock On Sale
  • 0.79% Vacancy Rate
  • 366 Average Supply
  • 4101 Average Demand
  • 11.19 Supply Demand Ratio

Leading Agencies (Sale)

Barry Plant - Melton 12%

Hocking Stuart Melton - MELTON 11%
Professionals Ryder Real Estate - Melton 10%
YPA Estate Agents - Melton 10%
Raine & Horne - Melton 7%
PRDnationwide - Melton 7%
Stockdale & Leggo - Melton 6%
Ray White - Melton 6%
Sweeney Estate Agents - Melton 4%
Eric Kontek Real Estate Pty Ltd - Melton 3%

Leading Agents (Rent)

Agent NamePercentage
Raine & Horne - Melton17%
First National Real Estate Tim Farnan - MELTON7%
Eric Kontek Real Estate Pty Ltd - Melton6%
YPA Estate Agents - Melton6%
Professionals Ryder Real Estate - Melton6%
Ray White - Melton6%
Stockdale & Leggo - Melton5%
RUN Property - Essendon5%
Taylors Real Estate Agents - Delahey4%
Barry Plant - Melton3%