Get a property report and suburb profile for any property in Melton West

Melton West is an outer-western Melbourne suburb in the City of Melton, predominantly residential and weighted towards families. Streets mix established single-storey brick homes with newer estate developments, and the area is stitched together by parks, playgrounds and sporting ovals. A local shopping precinct covers everyday needs while larger retail and community services in central Melton are nearby. Many residents commute, using regional rail at Melton and major regional roads to connect to the wider metropolitan area.

The population is largely made up of couple families with children (43.3%) and a high owner-occupier rate (76.2%), with a median age of 36. Local services include an upgraded primary school and the West Melton Children’s and Community Centre for kindergarten and maternal and child health. A council-adopted urban design framework is guiding a new town centre with a supermarket, medical centre, childcare and a future community centre, and major transport and health projects are progressing nearby. Whether that suits you comes down to what you value in a suburb.

Housing costs in Melton West look quite different for buyers and renters when set against local incomes at the last Census. A median house price of $600,000 is about 8.0 times a typical local annual household income at the last Census, which puts buying well above what people locally earned then. For renting, a house at $435 a week would take about 30% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $420 a week would take about 29%. Whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The clearest movement for Melton West over the past year was in house prices: median house values climbed 11.8%, a strong rise in what a house is worth. House rents edged up 1.2% over the same period, a slight increase, while unit rents rose a solid 5.0%.

Put simply, capital growth on houses outpaced rental growth this year, and unit rentals increased faster than house rents. Which of those outcomes matters to you will depend on whether you prioritise capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.