The City of Melton is one of the fastest growing municipalities in Australia, offering the best combination of urban and rural lifestyles and affordable land within a comfortable commuting distance from Melbourne, Victoria. Melton's location provides easy links to Melbourne’s key freeways, airports and the Port of Melbourne.
The City of Melton embraces a series of townships and communities including Caroline Springs (19 kilometres west of Melbourne's CBD) and Melton (35 kilometres west of Melbourne's CBD). Of all Victorian local government area's, Melton has the second highest population growth rate.
The City is also extremely diverse and comprises of groups who speak over 80 languages and represent 70 countries. The City of Melton provides a vast resource of talented labour, educational, training and leisure facilities, and is an excellent and affordable place to live, work and invest.
Melton South saw a 2.5% capital growth increase in the last quarter results. Making it one of the best investment opportunities available. Record Low Vacancy rates and record high investment into the area will see it continue. The latest results show that Melton South median house prices have risen in the last June Quarter to $510,247.
A whopping $1.6B investment into the 3338 post code is making investors sit up and take notice. Master Plans show the area eventually becoming the heart of the City of Melton.
Boasting 2 Train Stations, Major Shopping Centres and the recent approval for a State Funded Brand New Public Hospital for Cobblebank 3338 - Melton South should be on your list to consider when investing in the current property market.
Want to know more - call our local team of agents that live in the Melton community.