Melton
The median rent for a 2-bedroom unit in Melton is $365 a week for leases that started in the year to September 2025, up 7.4% on a year earlier. That is 34% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $565,000 for a house and $465,000 for a unit. A year of rent for that home is about 4.5% of its median sale price (gross rental yield).
Median rent in Melton
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $350 | -5.4% | 36 |
| 2-bedroom unit | $365 | +7.4% | 85 |
| 3-bedroom unit | $400 | +5.3% | 97 |
| 2-bedroom house | $375 | -1.3% | 65 |
| 3-bedroom house | $420 | +2.4% | 1,319 |
| 4-bedroom house | $470 | 0.0% | 1,916 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $565,000 | Mar 2026 quarter |
| Unit | $465,000 † | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Hoppers Crossing $405 a week
- Werribee $405 a week
- Sunshine $410 a week
- Deer Park $420 a week
- St Albans $420 a week
- Craigieburn $440 a week