City of MeltonEconomic profile
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City of Melton

Housing rental

At June 2018, the median weekly rental for houses in the City of Melton was $35 lower compared to Victoria.

This indicator shows the weekly rental of houses and units in the City of Melton and wider region during the period 2014-2018. Housing weekly rentals are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Rental of houses
Rental of houses Victoria: $350 Victoria: $350 Victoria: $365 Victoria: $380 Victoria: $400 Greater Melbourne: $370 Greater Melbourne: $380 Greater Melbourne: $395 Greater Melbourne: $400 Greater Melbourne: $420 City of Melton: $320 City of Melton: $325 City of Melton: $340 City of Melton: $350 City of Melton: $365
Source: Hometrack 2014-2018, Automated Valuation System
Rental of units
Rental of units Victoria: $340 Victoria: $350 Victoria: $360 Victoria: $380 Victoria: $399 Greater Melbourne: $350 Greater Melbourne: $360 Greater Melbourne: $375 Greater Melbourne: $395 Greater Melbourne: $410 City of Melton: $275 City of Melton: $285 City of Melton: $290 City of Melton: $310 City of Melton: $320
Source: Hometrack 2014-2018, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)City of MeltonGreater MelbourneVictoriaCity of MeltonGreater MelbourneVictoria
2018$365$420$400$320$410$399
2017$350$400$380$310$395$380
2016$340$395$365$290$375$360
2015$325$380$350$285$360$350
2014$320$370$350$275$350$340

Source: Hometrack 2014-2018, Automated Valuation System.

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