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Real Estate Market: Is Melwood VIC 3875 a Good Suburb to Buy Into?
Housing Market in Melwood
Sources: Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Housing Supply in Melwood
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 8.8 | Top 18% | Data for Jul 2023 | ||
| Premium | Premium | Premium |
Housing Stock Quality in Melwood
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.0 | Bottom 15% |
|
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Melwood
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Bottom 18% | Data for Jun 2023 |
Risk in Melwood
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
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 39 | Top 32% | Data for Jun 2023 | ||
| 76 | Bottom 34% | Data for Jun 2023 | ||
| 75 | Bottom 46% | Data for Jun 2023 | ||
| 66.4% | Top 1% |
|
Housing Demand in Melwood
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, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 9650 | Bottom 37% |
|
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| 49300 | Bottom 33% |
|
||
| Premium | Premium | Premium | ||
| 51000 | Top 26% |
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| Premium | Premium | Premium |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | East Gippsland |
Percent of Renters by Street (2)
| Percent of Renters | Street |
|---|---|
| 94.1% | Boggy Creek Rd |
| 100.0% | Mount Lookout Rd |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1030 Mount Lookout Rd | $385 | 4 | 2 | 4 | 26 Sep 2023 | 0 |
| 1030 Mount Lookout Rd | $385 | 4 | 2 | 4 | 26 Sep 2023 | 0 |
| 1030 Mount Lookout Rd | $385 | 4 | 2 | 4 | 26 Sep 2023 | 0 |
| 1030 Mount Lookout Rd | $385 | 4 | 2 | 4 | 26 Sep 2023 | 0 |
| 1030 Mount Lookout Rd | $385 | 4 | 2 | 4 | 26 Sep 2023 | 0 |
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