Property prices for sale in Melton (Victoria)

The prices in real estate in Melton, in the Victoria region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$416,842.67
Average price last 6 months
$464.83
Price/m² last 6 months
Average price per m2

The price per m² in Melton has increased strongly during the last 6 months. In September, the average price per m² was $387. In October this price pretty much remained the same at a value of $395 per m². In the following two months the price per m² has barely changed, going from $391 to $393 per m². The price per m² has had a considerable increase of 156 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $392 to $610.5 during January, and February.

Average price

Based upon to the price in Melton (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $408,574. In October This price remains at $407,321. In the following two months the average price has remained the same with regard to the previous two months from $407,947.5 to $401,348. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.

Charts data
Average price February
Average price per m² February
Number of properties used in Melton
Number of properties used in region Victoria
$411,215
$433
374
370,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value