Melton South, VIC

Postcode 3338  ยท  Gov Data

Analyse Investment โ†’

Median Price

$495,000

-3.9% this year

Median Rent

$300/wk

$15,600/yr

Gross Yield

3.15%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
11,362
Median HH Income
$62,868/yr
Median Age
35
Renter %
58%
Owner-Occupied %
42%

Investment Snapshot

20% Deposit

$99,000

Monthly Mortgage (6.24%)

$2,752

Annual Rental Income

$15,600

Annual Mortgage Cost

$33,024

Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator โ†’

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Full Analysis โ†’

Price data from NSW Valuer General (VIC sales records). Demographics from ABS 2021 Census. Data is for general information only and does not constitute financial advice.