Melton VIC 3337 Property Report 2025
This Melton suburb report focuses on what people usually mean when they search “Melton median house price” or “Melton house prices”: a clear, up-to-date snapshot of prices and rent, plus the context you need to interpret the numbers for 2025–26.
You’ll see a quick summary of median house price and median rent, along with a plain-English view of growth and yield. If you’re weighing Melton against nearby suburbs, a quick repayment buffer check can save a lot of time—start with our Rentvesting Calculator and compare the cash-flow impact before you inspect.
Last updated: 18 January 2026. General information only—figures are indicative and can change quickly. Always verify current listings, recent comparable sales, and your personal borrowing position before making decisions.
General information only — not personal advice. Prices/rents are indicative and can change as new data is released.
Melton 2025 snapshot: prices, rent, deposit and next steps
Buying steps: First Home Buyer Guide · Home Loan Guide. If you already own and want a rate check, start with Refinance Melton.
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If you’re comparing Melton vs “closer-in” suburbs, run a rent vs buy sanity check first:
Suburb background: Melton (VIC 3337) in Melbourne’s outer west
Melton is one of the best-known names in Melbourne’s outer west growth corridor — a long-standing township that has progressively become part of the metro footprint. The usual search intent here is simple: what do houses cost, what do rents look like, and can my budget actually work in 2025–26?
If you’re buying, treat this report as a planning tool: use the medians to set a realistic ceiling, then sanity-check cash-flow using the Mortgage Repayment Calculator. If you’re weighing “rent where we want / buy where it works”, use the Rentvesting Calculator.
How Melton grew: from country town to growth-corridor suburb
Historically, Melton began as a separate township on the Western Highway with older housing stock and larger blocks. As Melbourne pushed west, estates filled in, attached product increased near services, and the market became a blend of older homes (often value-driven) and newer homes (often lifestyle-driven).
For borrowers, the big takeaway is that Melton is not “one market”. Pocket, street, and home type can change pricing and resale demand. It’s why we recommend inspecting at different times and comparing like-for-like (house vs house, townhouse vs townhouse), not headline medians only.
Location & travel: commuting, rail, and the real weekly cost
Melton sits roughly west of Melbourne and many commuters use either the Western Freeway/Highway or the Ballarat line corridor. The practical budgeting point: commute time has a cash-flow impact (fuel, tolls, parking, car wear) — and those costs matter once you’ve settled.
If you want a quick affordability anchor before you inspect 10 properties, run a borrowing-power check via the Max Borrowing Calculator, then stress-test repayments using the Rate Review Calculator (buffered thinking beats “max approval” thinking).
Schools & zones: what families should confirm before buying
School zones can change, and “close to a school” isn’t the same as being in-zone. Before you buy, validate zones using Victoria’s official tool: Find My School (Victoria).
If your search is broader across the west, these guides help you shortlist options without guessing: Best schools in Melbourne’s western suburbs (2025) and Best schools in Melbourne (2025).
Lifestyle & pockets: why “the street” matters more than the median
Melton feels like a blend of older township streets and growth-area change. On inspection days, focus on things that affect daily life: school runs, noise/traffic, parking, public transport access, and how close you are to the “everyday essentials”.
A borrower-safe habit: do a “routine drive” at weekday peak and on a weekend peak. If the routine is annoying, you’ll feel it every week — and it’s easier to pick a better pocket than it is to “fix” a bad routine later.
What locals say (themes you’ll hear a lot)
Not reviews — just the repeat comments you hear when buyers compare Melton to nearby pockets in the west.
“The value is in the price point, but the ‘right street’ matters more than we expected — we changed our short list after doing weekday peak drives.”
— owner-occupier buyer“Our biggest win was not stretching. Once we modelled repayments with a buffer, we adjusted the target price and felt calmer.”
— first-home buyer“For investing, we cared more about borrowing power and holding costs than chasing the highest headline yield.”
— investor, portfolio plan“We compared Melton to Bacchus Marsh and Werribee — the decision came down to commute, schools and what the same budget bought us.”
— family buyerMarket & metrics (2025–26): prices, rent, and how to interpret them
As a planning snapshot, Melton often sits at an outer-metro price point that many buyers treat as “entry-friendly” compared with middle-ring suburbs. A useful way to interpret the suburb is to split it into two lenses: owner-occupier affordability (repayment comfort + buffer) and investor sustainability (rent realism + borrowing power).
Want to model cash-flow before you inspect? Start with the Rentvesting Calculator, then stress-test repayments using the Mortgage Repayment Calculator.
Deposit guide (indicative): what your savings can do
| Target price | 10% deposit | 20% deposit (80% LVR) | Notes |
|---|---|---|---|
| $382,500 Unit/townhouse planning | $38,250 | $76,500 | Plus duty/legals/buffer. Higher LVR may involve LMI. |
| $500,000 House planning | $50,000 | $100,000 | 80% LVR is the clean structure many borrowers aim for. |
| $550,000 Upper-range planning | $55,000 | $110,000 | Often reflects better condition or micro-location. |
For an authority check on Victorian duty, use the official calculator: Vic SRO land transfer duty calculator. We also include a simplified duty estimate below (general guidance only).
“Can I buy in Melton?” quick calculator
Enter your deposit and target price. We’ll estimate loan size, LVR and a simplified VIC transfer duty figure using general residential rates, plus a basic first-home buyer exemption up to $600k. Concessions between $600k–$750k and special cases are not modelled. For scheme eligibility and scenarios, use the First-home buyer scheme calculator.
Estimated loan: $420,000
LVR: 80.8%
Indicative VIC transfer duty: $24,530
Indicative only; final duty and costs depend on current Victorian thresholds and your circumstances. Figures exclude LMI and other purchase costs.
Data note: figures shown are indicative and should be cross-checked against current sources and your exact property type. General information only — not personal advice. Last updated 18 Jan 2026.
Deposit & buying scenarios (Melton borrower lens)
The decision is rarely “can I get a loan?” — it’s “which structure keeps our life comfortable?” A loan that technically approves can still feel stressful if buffers are thin. In 2025–26, safer borrowing usually means balancing deposit size, LVR, repayment comfort, and future flexibility (refinance, upgrade, kids, job changes).
Scenario 1: First-home buyer aiming for an 80% LVR
If you’re targeting a $500k–$550k house purchase, an 80% structure implies roughly $100k–$110k deposit before costs. Many buyers then add duty (if applicable), conveyancing, inspections and a buffer. If you want the step-by-step pathway, use the First Home Buyer Guide and the FHB scheme calculator.
Scenario 2: Buying sooner with higher LVR
Some buyers choose to buy sooner with a higher-LVR loan and then plan to refinance later when equity improves. The safest way to evaluate it is to model repayments at a buffer rate using the Mortgage Repayment Calculator and sanity-check cash-flow with your real expenses (not “best case”).
Scenario 3: Rentvesting (rent where life works, buy where numbers work)
Rentvesting can be sensible if you model it properly. Use the Rentvesting Calculator first, then read the Rentvesting Guide for the common traps (rent assumptions, holding costs, and bank rental shading).
Want broker-led guidance on structuring the loan file and lender fit? Start with Mortgage Broker Melton (or if you prefer the broader hub, use Mortgage Broker Melbourne).
Investors: rent realism, holding costs, and borrowing power
Investors usually care about (1) realistic rent, (2) vacancy risk, and (3) the impact on longer-term borrowing capacity. Lenders shade rental income and assess your household at buffered rates — so “yield” is only part of the story.
Start with a simple workflow: (1) model the holding scenario using the Property Investment Calculator, (2) compare “buy vs rent” via the Rentvesting Calculator, then (3) check overall affordability with the Max Borrowing Calculator.
Refinance & rate checks (if you already own in Melton)
If you already own in Melton, your biggest win may be reviewing your current rate and structure. Many borrowers drift onto “lazy pricing” over time. Start with the Rate Review Calculator, then visit Refinance Melton and the broader Home Loan Refinance Guide for next steps.
Map – Melton VIC 3337
Use this map to orient yourself when comparing pockets, commute routes and nearby suburbs.
Open Melton in Google Maps: Open in Maps
Compare nearby suburbs (how to compare properly)
Most buyers don’t shop one suburb in isolation. Melton is often compared against nearby pockets in the outer west, plus larger “trade-off” moves such as Bacchus Marsh and Ballarat, or more established western suburbs where the same budget buys less land.
If you’re comparing “buy here vs keep renting and invest”, use the Rentvesting Calculator and the Rentvesting Guide. For a borrower-friendly reference suburb report (outer-west corridor comparison style), see the Werribee template report pattern.
Melton (VIC 3337) suburb FAQs
What is the median house price in Melton in 2025–26?
This report uses an indicative planning median around $500,000 for houses in Melton. Actual sale prices vary by property type, condition, land size and pocket — use the median as a starting point, then validate with current comparable sales.
What is the median rent in Melton?
Rents vary by home type and pocket. A borrower-safe approach is to treat “headline rent” as indicative, then validate your scenario with current listings and realistic holding costs before buying.
Is Melton a good suburb for first-home buyers?
Melton is often shortlisted for first-home buyers who want a freestanding house at an outer-metro price point. The trade-offs can be commute time and micro-location variation, so it’s worth doing routine drives and keeping repayments comfortable with a buffer.
How much deposit do I need to buy in Melton?
A clean 80% structure is often the simplest. On a $500,000 purchase, a 20% deposit is about $100,000 before costs. Many buyers also budget for duty (if applicable), conveyancing, inspections and a buffer. Higher-LVR or guarantor options may be available depending on your situation.
How do I compare Melton to nearby suburbs without guessing?
Compare like-for-like (house vs house, townhouse vs townhouse) and keep your must-haves consistent. Then model cash-flow using the Rentvesting Calculator or Mortgage Repayment Calculator so the “better suburb” doesn’t become a stressful budget later.
I already own in Melton. Should I refinance in 2026?
If you haven’t repriced recently, a refinance or repricing review may be worthwhile — especially if your rate has drifted up or your structure no longer matches your goals. Start with the Rate Review Calculator, then review options via Refinance Melton.
Data note: figures shown are indicative and should be cross-checked against current sources and your exact property type. General information only — not personal advice. Last updated 18 Jan 2026.