Suburb Profile

More Recent Sold in Melton South

More Recent Rent in Melton South

Rent Yield in Melton South

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$345,000$4506.78%$315,000$4507.43%6
2$468,621$2713.01%$489,120$2702.87%151
3$424,072$3123.83%$409,500$3154.00%319
4$496,006$3573.74%$499,000$3603.75%319
5$518,408$4254.26%$523,070$4304.27%20
6$829,667$3402.13%$950,000$3401.86%4
7$1,310--$1,310--2
House
1$385,000--$420,000--3
2$485,351$2752.95%$492,855$2752.90%123
3$418,782$3133.89%$399,000$3204.17%231
4$463,101$3584.02%$469,000$3603.99%137
5$519,228$4254.26%$510,000$4304.38%13
6$769,500$3402.30%$769,500$3402.30%3
Unit/apmt
1$285,000$4508.21%$285,000$4508.21%3
2$320,625$2684.35%$299,000$2704.70%18
3$324,125$2954.73%$319,000$2904.73%20
4-$310--$310-2
Villa
2$189,000--$189,000--1
Townhouse
2$309,000--$309,000--1
3-$370--$370-3
Other
2-$275--$275-1
3$452,024--$454,225--52
4$505,419--$506,515--170
5$517,589--$524,290--7
7$1,269--$1,269--1
Unknown
2$285,000$2684.89%$285,000$2734.98%7
3$382,250$2913.96%$384,500$2903.92%13
4$515,489$3723.75%$540,000$3753.61%10
6$950,000--$950,000--1
7$1,350--$1,350--1

Schools in Melton South

School NameSchool SectorSchool Type
Coburn Primary SchoolGovernmentPrimary
Melton Christian CollegeIndependentCombined
Melton South Primary SchoolGovernmentPrimary
St Anthony's Primary SchoolIndependentPrimary
Staughton CollegeGovernmentSecondary

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 South belongs to city Melton. Crime rate means the number crimes per 100,000 population.

Demographics of Melton South

PopulationSizeMelton SouthMelbourne
All People118673366613
Country of OriginMelton SouthMelbourne
Australian Born83%65%
Born Overseas - Top 5Melton SouthMelbourne
United Kingdom6%5%
Malta2%1%
New Zealand1%1%
Germany1%1%
Italy1%2%
Median household incomeMelton SouthMelbourne
Weekly income$1,096$1,333
Age StatisticsMelton SouthMelbourne
20 to 3929%33%
40 to 5928%28%
5 to 1927%14%
60+8%17%
0 to 47%7%
Family Statistics - Top 5Melton SouthMelbourne
Married49%51%
Never Married34%33%
Divorced8%7%
Separated5%3%
Widowed4%6%
Religion - Top 5Melton SouthMelbourne
Catholic38%33%
No Religion22%19%
Anglican20%16%
Uniting Church6%5%
Presbyterian and Reformed3%3%
Occupation - Top 5Melton SouthMelbourne
Intermediate Clerical/Sales/Service8%7%
Tradespersons and Related Workers7%6%
Intermediate Production and Transport5%4%
Elementary Clerical/Sales/Service4%4%
Associate Professional4%5%
Education - Top 5Melton SouthMelbourne
Not Attending (Working)71%73%
Infants/Primary12%9%
Secondary Education10%7%
Technical or Further Education2%3%
University or other Tertiary Institution2%5%
Transport to Work - Top 5Melton SouthMelbourne
Car (driver)26%28%
Car (passenger)3%3%
Train Only3%2%
Train & Other1%1%
Worked at home1%2%
Type of Dwelling - Top 3Melton SouthMelbourne
Separate house88%74%
Flat7%14%
Semi/Terrace3%8%
Nature of Occupancy - Top 3Melton SouthMelbourne
Purchasing44%27%
Fully Owned32%43%
Rented19%24%
Monthly Loan Repayment - Top 5Melton SouthMelbourne
$600-$79931%21%
$400-$59922%16%
$200-$39917%8%

Supply Demand History in Melton South

MonthSupplyDemand
2015 Apr4852590
2015 May4882773
2015 Jun5292924
2015 Jul5943035
2015 Aug5972821
2015 Sep5742798
2015 Oct6342758
2015 Nov5732979
2015 Dec5062284
2016 Jan5232953
2016 Feb5883306
2016 Mar6533283
2016 Apr6273075

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 South, VIC 3338
(36.23 km to CBD)

Surrounding Suburbs

Selected Demographics of Melton South

  • 5489 Number of House
  • 867 Number of Unit
  • 11867 Number of People
  • 36 Median Age
  • 2.5 Median Household Size
  • $220 Weekly Rent
  • $469 Weekly Individual Income
  • $1,060 Weekly Family Income
  • $924 Weekly Household Income
  • $420,000 Median Asking Price
  • $325 Median Rent
  • 0.04% Rent Yield
  • 276 Stock On Sale
  • 1.39% Vacancy Rate
  • 644 Average Supply
  • 3214 Average Demand
  • 4.99 Supply Demand Ratio

Leading Agencies (Sale)

Barry Plant - Melton 11%

Lend Lease Communities (Atherstone) P/L 11%
Hocking Stuart Melton - MELTON 8%
Professionals Ryder Real Estate - Melton 7%
YPA Estate Agents - Melton 7%
Raine & Horne - Melton 7%
Ray White - Melton 6%
Stockdale & Leggo - Melton 5%
PRDnationwide - Melton 4%
Sweeney Estate Agents - Melton 3%

Leading Agents (Rent)

Agent NamePercentage
Raine & Horne - Melton13%
Stockdale & Leggo - Melton10%
First National Real Estate Tim Farnan - MELTON10%
Professionals Ryder Real Estate - Melton7%
Barry Plant - Melton7%
Ray White - Melton6%
Parktrent Properties Group - Prahran5%
YPA Estate Agents - Melton4%
PRD Jens Gaunt - Melton3%
Metro Property Management Pty Ltd - Balwyn3%