Property types in Melton South

Properties for sale Properties for rent

This suburban location is found nearly thirty-five kilometres southwest of the city of Melbourne and according to the latest census (taken in 2011), Melton South hosts a population of approximately nine thousand residents. As such, it is one of the smaller towns within what is considered the greater metropolitan area of Melbourne. In fact, this can be reflected in the fact that it was not until the year 1917 that South Melton was first given a post office and a postal code. Even during this time, the entire region was still rather sparsely populated. It was not until the Melton Train Station was constructed that residents from Melbourne and the surrounding suburbs began to populate this region.

Presently, Melton South is considered to be a suburb that will experience a substantial amount of growth into the near future. This is partially due to the construction of two separate shopping districts in the town centre and the introduction of a number of larger chain names such as Cole's Supermarkets. While the housing prices are observed to be slightly below the standard for the rest of the region (approximately $220,000 Australain Dollars), this market is still not as in demand as other localities.

Still, there are a number of housing developments that are now in the latter phases of construction and a great deal of outside real estate investment has already flowed into Melton South. The main impetus behind these actions is the belief of many realtors and developers that Melton South will attract new families and those seeking a more residential life as the nearby city of Melbourne continues to expand. While older families and couples currently occupy the majority of this town, it is thought that a younger generation of homeowners will represent a larger percentage of this demographic in the years to come.
Average price in Melton South
sale 
$625,422
Average price per  m2  $1,517
rent 
$437
Average price per  m2  $0.43
Properties for rent
Regions near to Melton South
Properties for sale in Melton South
Albert Drive Maplewood, Melton South Burbank
 2
Albert Drive Maplewood, Melton South Burbank
$698,091
Melton South, Victoria - For Sale - House - 476 m² - 6 bedrooms - 2 bathrooms
Speak to ibuildnew to receive free, independent and expert advice.Our team of new home advisors have decades of experience in the home building industry and...
Munro Avenue Maplewood, Melton South Burbank
 2
Munro Avenue Maplewood, Melton South Burbank
$565,162
Melton South, Victoria - For Sale - House - 346 m² - 5 bedrooms - 2 bathrooms
Speak to ibuildnew to receive free, independent and expert advice.Our team of new home advisors have decades of experience in the home building industry and...
Albert Drive Maplewood, Melton South Burbank
 2
Albert Drive Maplewood, Melton South Burbank
$834,874
Melton South, Victoria - For Sale - House - 476 m² - 7 bedrooms - 3 bathrooms
Speak to ibuildnew to receive free, independent and expert advice.Our team of new home advisors have decades of experience in the home building industry and...
Mcculloch Street Maplewood, Melton South Burbank
 2
Mcculloch Street Maplewood, Melton South Burbank
$688,019
Melton South, Victoria - For Sale - House - 451 m² - 6 bedrooms - 2 bathrooms
Speak to ibuildnew to receive free, independent and expert advice.Our team of new home advisors have decades of experience in the home building industry and...
Kinane Street Maplewood, Melton South Burbank
 2
Kinane Street Maplewood, Melton South Burbank
$678,991
Melton South, Victoria - For Sale - House - 394 m² - 6 bedrooms - 2 bathrooms
Speak to ibuildnew to receive free, independent and expert advice.Our team of new home advisors have decades of experience in the home building industry and...