VIC3337· Pop. 40,724Macedon Ranges

MELTON

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

51

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$610,000

VIC Gov · 2025

Rent yield

3.4%

computed from govt data

Annual growth

5.3%

annualised from govt data

Vacancy rate

2.0%

modelled estimate

AI insights for MELTON

Investment analysis, risks & comparisons

PREMIUM

MELTON shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$404/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.7%

annual shift

Yield × growth index

4.4

combined signal

Net yield (est.)

1.92%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+5.3%

est. compound, long-run avg

10-yr growth (CAGR)

+6.6%

est. compound, long-run avg

Rental demand

65 / 100

Strong demand

Supply pipeline

Real

0.1%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$470k
2021
$515k
2022
$551k
2023
$550k
2025
$610k

Source: VIC Gov · 2025 · all sources

Market overview

MELTON is a metropolitan VIC suburb with steady capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 3.4% with stable tenant demand
  • Consistent annual growth of 5.3%
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,462/wk

$99k taxable p.a.

Renters

26.7%

70.8% owner-occupier

Median age

34.0 yrs

Unemployment

2.5%

Population growth

+4.8% p.a.

Investor-owned

8.0%

of all dwellings (ATO)

Houses

48%

34% apartments

Degree qualified

38.5%

bachelor's or higher (ABS)

Work from home

23.1%

of employed residents (ABS Census)

Median lot size

500 m²

Standard block

Household size

2.7 persons

avg per dwelling (ABS Census)

Short-term rental

4.9%

Some Airbnb activity

Market activity

Distance to CBD

38.6 km

Regional

Days on market

25 days

Fast-moving market

Auction clearance

74.5%

Strong demand

Walkability

2 / 100

Car-dependent

Coastal proximity

34.3 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

3,109/km²

Dense urban

Schools in postcode 3337

🏫8 Primary🎓4 Secondary📚2 Combined1 Special
ACARA 2025

🏫Primary (8)

St Catherine of Siena School

Catholic · Yrs Prep-6

ICSEA 1002

Arnolds Creek Primary School

Government · Yrs Prep-6

ICSEA 999

Wedge Park Primary School

Government · Yrs Prep-6

ICSEA 976

St Dominic's School

Catholic · Yrs Prep-6

ICSEA 967

Melton Primary School

Government · Yrs Prep-6

ICSEA 961

Toolern Vale and District Primary School

Government · Yrs Prep-6

ICSEA 957

Kurunjang Primary School

Government · Yrs Prep-6

ICSEA 942

Melton West Primary School

Government · Yrs Prep-6

ICSEA 925

🎓Secondary (4)

St Francis Catholic College

Catholic · Yrs 7-12

ICSEA 1012

Kurunjang Secondary College

Government · Yrs 7-12

ICSEA 947

Melton Secondary College

Government · Yrs 7-12

ICSEA 944

Djerriwarrh Community & Education Services - Djerriwarrh Community College

Independent · Yrs 11-12

ICSEA 929

📚Combined (2)

Muhammadiyah Australia College

Independent · Yrs Prep-9

ICSEA 1052

OneSchool Global Vic

Independent · Yrs 3-12

ICSEA 984

Special (1)

Melton Specialist School

Government · Yrs U

ICSEA 951

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
50/ 100

8.6 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
970ICSEA · national avg 1000

15 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
23/ 100
🚆 2 train🚃 25 tram🚌 22 bus

Source: State GTFS feeds

Gentrification signal

27

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in MELTON

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