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Profiles
Nearby Suburbs
Real Estate Market: Is Melton South VIC 3338 a Good Suburb to Buy Into?
Housing Market in Melton South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $450 | Bottom 10% |
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Housing Supply in Melton South
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Melton South
32.6%
Melton South
32.6%
Melbourne
28.8%
Melbourne
28.8%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 29.5 | Top 21% |
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| 0.1 | Bottom 21% | Data for Jul 2023 | ||
| 29.9 | Top 20% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 2 lots | Bottom 13% | Data for May 2023 | ||
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| 14 | Top 12% |
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Housing Stock Quality in Melton South
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 86.0% | Bottom 17% |
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| 2.6 | Top 39% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Melton South
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Melton South
27.5%
Melton South
27.5%
Melbourne
36.9%
Melbourne
36.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 6.1 sq km | Bottom 44% | Data for Jan 2021 | ||
| 0.0 sq km | Top 48% | Data for Jun 2023 | ||
| 464 sqm per resident | Bottom 26% | Data for Jan 2021 |
Risk in Melton South
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Melton South
49.5
Melton South
49.5
Melbourne
49.7
Melbourne
49.7
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 71.0% | Bottom 7% |
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| 29.0% | Top 7% |
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| 28 | Bottom 34% | Data for Jun 2023 | ||
| $1,760 | Bottom 40% |
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| 85 | Top 13% | Data for Jun 2023 | ||
| 79 | Top 31% | Data for Jun 2023 | ||
| 24.7% | Top 36% |
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| 41.2% | Top 42% |
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Housing Demand in Melton South
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Melton South
76.4%
Melton South
76.4%
Melbourne
82.9%
Melbourne
82.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| 28600 | Top 4% |
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| 226000 | Top 1% |
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| 239000 | Top 5% |
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Unit Market in Melton South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $378 | Bottom 15% |
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| 75.1% | Top 46% |
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Realtors (1)
| Headline | Place | Datetime |
|---|---|---|
| Portland Terrace Pty Ltd |
Planning Applications: Dwellings (2)
| Headline | Place | Date |
|---|---|---|
| We are subdividing in accordance with a use and development permit that allows multiple dwellings on the site. - Streamlined Planning through Electronic Applications and Referrals S238928C | 41 Blackwood Drive, Melton South VIC 3338 | 26 Oct 2024 |
| 2 lot subdivision based on approved development permit for one new dwelling behind existing dwelling - NOT CONNECTED TO GAS - Streamlined Planning through Electronic Applications and Referrals S235830B | 98 Exford Road, Melton South VIC 3338 | 27 Aug 2024 |
Planning Applications: Other (7)
| Headline | Place | Date |
|---|---|---|
| Limited Licence - Renewable - Victorian Commission for Gambling and Liquor Regulation 70384A01 | Mt Carberry Reserve, 29-41 Exford Road, Melton South 3338, VIC | 30 Sep 2021 |
| Relocation of Licence - Victorian Commission for Gambling and Liquor Regulation 59631A02 | Mount Carberry Recreation Reserve, 29-41 Exford Road, Melton South 3338, VIC | 19 Jul 2021 |
| Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 34166A11 | Shops 18-20, 11-17 Station Road, Melton South 3338, VIC | 13 Dec 2020 |
| Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 44454A06 | Shops 18-20, 11-25 Station Road, Melton South 3337, VIC | 13 Dec 2020 |
| Variation of Licence - Victorian Commission for Gambling and Liquor Regulation 61161A02 | 5 Staughton Street, Melton South 3338, VIC | 11 Oct 2020 |
Median House Rental Prices by Street (94)
| Street | Date | Median rent (per week) |
|---|---|---|
| First Ave | 22 Mar 2025 | $390 |
| Flinders Rd | 22 Mar 2025 | $435 |
| Eyre St | 22 Mar 2025 | $395 |
| Exell Ave | 22 Mar 2025 | $430 |
| Exford Rd | 22 Mar 2025 | $425 |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 116.5% | Toolern St | very high turnover | Every 8.6 years (very high turnover) | 2025 |
| 97.2% | Exford Rd | high turnover | Every 10.3 years (high turnover) | 2025 |
| 77.8% | Bernard Dr | average turnover | Every 12.9 years (average turnover) | 2025 |
| 78.1% | Leggatt St | average turnover | Every 12.8 years (average turnover) | 2025 |
| 87.1% | Staughton St | average turnover | Every 11.5 years (average turnover) | 2025 |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 41.8% | Thomas Ave |
| 9.7% | Talia Ct |
| 24.5% | Tamar Dr |
| 0.0% | Teeda Ct |
| 25.0% | Albert Dr |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Melton |
Businesses (39)
| Name | Address |
|---|---|
| Melton Garden Supplies & Mini Mix | 6 Coburns Rd, Melton South VIC 3338, Australia |
| Tony Pete's Carpentry | 53 Bernard Dr, Melton South VIC 3338, Australia |
| F & J Roller Doors - Industrial, Commercial & Garage Roller Doors Melbourne | 2 Wedge-Tailed Ct, Melton South VIC 3338, Australia |
| Lock N Secure Garage Doors | 14 Hume Ave, Melton South VIC 3338, Australia |
| Horizontal Drilling |
Accommodation Options (1)
| Name | Address |
|---|---|
| Sutton Park Assisted Aged Care | 126- 134 Exford Rd |
Median Unit Sale Prices by Street (95)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $259,000 | Hanover Cct |
| 10 May 2024 | $332,000 | Norwood Ave |
| 10 May 2024 | $395,000 | Exford Rd |
| 10 May 2024 | $300,000 | Farrington Ave |
| 10 May 2024 | $355,000 | Childs St |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 16 Antonio Dr | $615,000 | 4.0 | 2.0 | 2.0 | 24 Feb 2025 | 0 | On Market |
| 34 Wicklow Dr | $595,000 | 4.0 | 2.0 | 2.0 | 19 Feb 2025 | 0 | On Market |
| 16 Hollybrook St | $630,000 | 5.0 | 2.0 | 2.0 | 17 Feb 2025 | 0 | On Market |
| 8 Cromwell Cl | $600,000 | 3.0 | 1.0 | 6.0 | 14 Feb 2025 | 0 | On Market |
| 8 Cromwell Cl | Price Withheld | 3.0 | 1.0 | 6.0 | 14 Feb 2025 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Linacre Cr | 10 May 2024 | $632,500 |
| Phillip St | 10 May 2024 | $400,000 |
| Mcdonald St | 10 May 2024 | $606,500 |
| Mcculloch St | 10 May 2024 | $527,000 |
| Lavarack St | 10 May 2024 | $438,800 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 6, 28 Toolern St | $4,001,738 | 3.0 | 1.0 | 1.0 | 31 Jan 2025 |
| Unit 6, 28 Toolern St | $4,001,738 | 3.0 | 1.0 | 1.0 | 31 Jan 2025 |
| Unit 6, 28 Toolern St | $4,001,738 | 3.0 | 1.0 | 1.0 | 31 Jan 2025 |
| Unit 6, 28 Toolern St | $4,001,738 | 3.0 | 1.0 | 1.0 | 31 Jan 2025 |
| Unit 6, 28 Toolern St | $4,001,738 | 3.0 | 1.0 | 1.0 | 31 Jan 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 22 Coburns Rd | $430 | 4 | 2 | 0 | 20 Feb 2025 | 0 |
| 29 Farrington Ave | $450 | 4 | 2 | 2 | 20 Feb 2025 | 0 |
| 29 Farrington Ave | $450 | 4 | 2 | 2 | 20 Feb 2025 | 0 |
| 22 Coburns Rd | $430 | 4 | 2 | 0 | 20 Feb 2025 | 0 |
| 22 Coburns Rd | $430 | 4 | 2 | 0 | 20 Feb 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 10 Pearson Pl | $420,000 | 2.0 | 2.0 | 1.0 | 17 Feb 2025 | On Market |
| Unit 2, 10 Pearson Pl | $420,000 | 2.0 | 2.0 | 1.0 | 17 Feb 2025 | On Market |
| Unit 2, 10 Pearson Pl | $420,000 | 2.0 | 2.0 | 1.0 | 17 Feb 2025 | On Market |
| Unit 2, 10 Pearson Pl | $420,000 | 2.0 | 2.0 | 1.0 | 17 Feb 2025 | On Market |
| Unit 2, 10 Pearson Pl | $420,000 | 2.0 | 2.0 | 1.0 | 17 Feb 2025 | On Market |
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