Melton is a suburb with a great deal of potential, with a population made up of a number of people in the 20-39 and 40-49 age group, indicating a suburb containing young and growing families.
It is an area that appears to be gentrifying over time, with a significant growth in population anticipated in the area.
Located around 44km from Melbourne CBD, Melton provides good value in an area offering solid growth potential, with a number of infrastructure and development projects in a diverse and multicultural area.
Median Price / Capital Growth - $498,000, has seen 6.44% annual compound growth in the last 10 years
Rental Yield - 3.76%
Population - 7,962
Vacancy Rate - 2.07%
Vendor Discount Rate - -6.38%
Days on Market - 161 days
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