Melton West, VIC

Postcode 3337  ·  Gov Data

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Median Price

$550,000

-0.2% this year

Median Rent

$320/wk

$16,640/yr

Gross Yield

3.03%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
8,784
Median HH Income
$75,400/yr
Median Age
36
Renter %
44%
Owner-Occupied %
56%
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Investment Snapshot

20% Deposit

$110,000

Monthly Mortgage (6.24%)

$3,058

Annual Rental Income

$16,640

Annual Mortgage Cost

$36,696

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

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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.