Market snapshot
Suburb insights for Melton3337
Change suburbMelton is located 36 km west of the CBD. Located on Melbourne's western fringe Melton is a residential area that experienced rapid growth during the 1970s. A large proportion of Melton's labour force is employed in the wholesale & retail trade sector with the manufacturing sector is also a significant employer. Melton also features a large commercial district centred on High St the Melton Aquatic Centre Beaty Park and the Melton Valley Golf Course.
Recent sales and auction results in Melton
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 23 Curlew Cl, Melton | 4 |  | House | Auction Sale | 15/08/2025 | Professionals Ryder RE | |
| 22 Raleighs Rd, Melton | 3 |  | House | Sold Before Auction | 11/08/2025 | OBrien Real Estate | View |
| 4 Luby Ct, Melton | 3 |  | House | Auction Sale | 15/08/2025 | Local Expertz Realty | View |
Sales data
Median sale price
$497k
Quarterly price change
2.4%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Melton | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $471,750 | $815,000 |
| 4 | $520,000 | $950,000 |
| Insight | Melton | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 39 | 39 |
Rental data
Median weekly rent
$408
Rental yield
4.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Melton | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $400 | $550 |
| 4 | $433 | $600 |
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