PropTimeSuburbsVICMelton

Melton

3337 · VIC · Metro · Data updated May 2026
55
Monitor
out of 100
Vacancy Rate
1.8%
Rental Yield
4.8%
12m Growth
+5.4%
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What the data says about Melton

Melton shows mixed investment signals that warrant careful consideration. A vacancy rate of 1.8% in Melton indicates a relatively balanced rental market with reasonable tenant demand.

Steady price growth of 5.4% over the past 12 months indicates a stable market with moderate appreciation. Rental yields of 4.8% are reasonable, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.

PropTime's composite model scores Melton at 55/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.

15-factor analysis

5 of 15 shown free
Vacancy Rate
1.8%
5/10
Rental Yield
4.8%
5/10
Price Growth 12m
+5.4%
5/10
Days on Market
23 days
8/10
Population Growth
1.9%
7/10
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Including building approvals, rental growth, vendor discounting, infrastructure score, and climate risk.
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Investment profile for Melton

56
Growth score
Capital appreciation outlook
54
Cashflow score
Rental income strength
55
Overall score
Combined investment signal

Melton shows stronger capital growth indicators than cashflow metrics. The 5.4% price growth and 1.8% vacancy rate suggest Melton is better suited to investors with a longer hold horizon seeking capital appreciation.

Similar suburbs to Melton

Hamilton
3300 · VIC
61
Colac
3250 · VIC
61
Frankston North
3200 · VIC
61

Frequently asked questions about Melton

Is Melton a good place to invest in property?

Based on PropTime's analysis of 15 demand and supply indicators, Melton scores 55/100 — a Monitor signal. Key indicators include a 1.8% vacancy rate, 4.8% rental yield, and 5.4% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Melton data.

What is the vacancy rate in Melton?

The current vacancy rate in Melton is 1.8%. This represents a reasonably healthy rental market. Some vacancies exist but tenant demand remains solid.

What is the rental yield in Melton?

The gross rental yield in Melton is 4.8%. The Australian national average is approximately 4.5%, so Melton is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Melton.

What is the property outlook for Melton?

PropTime's composite model scores Melton at 55/100 as of May 2026. Price growth of 5.4% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Melton.

How does Melton compare to similar suburbs?

Melton scores 55/100 on PropTime. Similar suburbs by score include Hamilton, Colac, Frankston North, all within the same VIC market.

Get the complete Melton analysis

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✓ Cashflow calculator pre-filled with Melton data
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