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

Please select your suburb from the drop down

Join the 2 million Australians* who use our services every year.

Geo Page

Melton West suburb profile

Melton West is a growing suburb located approximately 45km west of Melbourne's CBD, known for its family-friendly atmosphere and expanding amenities. The suburb offers a mix of modern housing developments and established homes, catering to a diverse community. Melton West is well-served by local schools, parks, and shopping centres, providing convenience for residents. The area's growth is supported by ongoing infrastructure improvements, including transport links that connect it to Melbourne and surrounding regions. With its blend of suburban comfort and accessibility, Melton West is an appealing choice for families and individuals seeking a balanced lifestyle.

Melton West property market performance

Melton West's property market has remained stable over the past 12 months, with no change in median house and unit values. The median house price stands at $545,000, while units are priced at $246,000. This stability reflects a balanced demand in the area.

Sales activity has been moderate, with 36 houses and just 2 units sold in the past three months. Houses are selling relatively quickly, with a median of 28 days on the market, while units are moving slightly faster at 25 days, indicating a consistent interest in both property types.

The rental market in Melton West has seen notable growth, with house rents increasing by 12.5% and unit rents by 8.3% over the last 12 months. The average rent for houses is $428, while units average $390, suggesting a strong rental demand in the suburb.

Median price - houses$540KPast 3 months

Median price - units$246KPast 3 months

Change in value - houses-4.6%12 months

Change in value - units-2.7%12 months

Houses sold37Past 3 months

Units sold1Past 3 months

Median DOM - houses26Past 12 months

Median DOM - units25Past 12 months

Average rent - houses$425Past 12 months

Average rent - units$398Past 12 months

Change in rent - houses11.8%Past 12 months

Change in rent - units6.9%Past 12 months

Melton West demographics

Melton West, located in the outer western suburbs of Melbourne, offers a blend of suburban tranquility and family-friendly amenities. With a population of 8,784 and a median age of 36, it is a community that appeals to both young families and established residents. The suburb's proximity to Melbourne makes it an attractive option for those seeking a quieter lifestyle while still having access to the city's opportunities.

The housing landscape in Melton West is characterized by a high rate of home ownership, with 30.5% of properties owned outright and 45.7% owned with a mortgage. This indicates a stable community with many long-term residents. The rental market, comprising 23.8% of properties, provides options for those looking for more flexible living arrangements. The suburb's family-oriented nature is evident, with 43.3% of households being couple families with children, and 32.4% being couple families without children.

Melton West's community is diverse, with one-parent families making up 23% of the population, reflecting a supportive environment for various family structures. The median total household income of $1,450 per week suggests a comfortable standard of living, with residents enjoying the benefits of suburban life, including parks, schools, and local shopping centers. Overall, Melton West offers a balanced lifestyle with a strong sense of community, making it an appealing choice for families and individuals alike.

Melton West infrastructure, key developments and investment opportunities

Melton West is experiencing significant developments that are likely to impact its property market. The suburb is set to benefit from the $1 billion upgrade of the Western Highway between Melton and Caroline Springs, which will improve connectivity and potentially increase property values[5]. Additionally, the Australian Government has allocated $2.1 million for the construction of shared use bicycle and walking paths in nearby Burnside and Caroline Springs, enhancing local infrastructure and livability[5].

The suburb's property market remains relatively affordable, with a median house price of $545,000 over the last year[10]. Melton West offers a range of amenities, including the Woodgrove Shopping Centre, multiple schools, and parks, making it attractive to families and first-time homebuyers. The ongoing infrastructure improvements and its proximity to Melbourne's CBD (approximately 38 km) position Melton West as a growing suburb with potential for future property value appreciation[1][3].

Melton West rental market trends

The rental market in Melton West is experiencing growth, with house rents increasing 12.5% over the past year to $428 per week, while unit rents have risen 8.3% to $390 per week. With its expanding infrastructure and growing appeal, Melton West offers promising opportunities for both renters and investors seeking value in a developing suburb.

Suburbs near Melton West

Some popular suburbs near Melton West include:

Common questions about Melton West

  • Is Melton West a nice place to live?

    Melton West is a delightful suburb that offers a wonderful blend of suburban tranquility and modern convenience, making it a fantastic place to live. Known for its peaceful atmosphere and strong community spirit, it provides an inviting environment for families and individuals alike. The suburb is characterized by its mix of contemporary housing developments and established homes, catering to a diverse range of residents. With a variety of local amenities, including schools, parks, and shopping centres, Melton West ensures that everything you need is within easy reach.

    The suburb's vibe is relaxed and welcoming, with a focus on family-friendly living. The community is diverse and supportive, making it an ideal place for families of all structures. Safety is generally not a major concern, contributing to the suburb's appeal as a secure and comfortable place to call home. While Melton West may not offer the bustling nightlife of inner-city areas, it compensates with its serene environment and ample green spaces, perfect for outdoor activities and leisurely strolls.

    For families, Melton West is particularly attractive due to its excellent schools and abundance of recreational facilities. The suburb's proximity to Melbourne provides residents with the opportunity to enjoy the city's offerings while returning to a quieter, more relaxed lifestyle. However, one trade-off of living in Melton West is the commute to the city, which can be lengthy during peak hours. Despite this, the ongoing infrastructure improvements, including enhanced transport links, are set to improve connectivity and make commuting more convenient in the future.

    Overall, Melton West is a charming suburb that offers a balanced lifestyle with a strong sense of community. Its combination of suburban comfort, accessibility, and family-friendly amenities makes it a highly appealing choice for those seeking a peaceful yet connected place to live.

    Down Pointer
  • Is it expensive to live in Melton West?

    Living in Melton West can be seen as relatively affordable, especially when compared to other suburbs in the greater Melbourne area. The current median house price is $545,000, which is significantly lower than the median house prices in many of Melbourne's inner and middle-ring suburbs. For those considering units, the median price is even more budget-friendly at $246,000. Renting in Melton West is also reasonably priced, with the average rent for houses at $428 per week and units at $390 per week.

    When comparing wages, the average annual income in Melton West is approximately $74,000, which aligns closely with the median household income of $1,450 per week. This suggests that housing costs, whether purchasing or renting, are relatively manageable for residents earning the average wage in the area. Overall, Melton West provides an attractive balance between affordability and lifestyle, making it a great option for those looking to live within commuting distance to Melbourne without the hefty price tag associated with more central suburbs.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Melton West a good place to invest?

    Melton West presents an intriguing opportunity for property investors, particularly those interested in rental income. While the median house and unit values have remained stable over the past year, the rental market has shown significant growth. House rents have increased by 12.5%, and unit rents have risen by 8.3%, indicating strong demand from tenants. This trend suggests that Melton West is becoming an increasingly attractive option for renters, which can provide investors with a reliable source of rental income.

    The suburb's steady property values, combined with rising rental yields, make it a potentially low-risk investment choice. Investors looking for consistent rental returns might find Melton West appealing, especially as the area continues to develop and attract more residents. The stability in property prices also means that there is less volatility, which can be reassuring for those who prefer a more predictable investment environment.

    Overall, Melton West offers a balanced investment opportunity with its stable property values and growing rental market. While it may not promise rapid capital growth, the suburb's rental demand and income potential make it a solid option for investors seeking steady returns.

    Down Pointer
Geo Page

Get a head start and compare top local agents in Melton West

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.