Melton An area, only half an hour from Melbourne’s CBD, 45 minutes from the Great Ocean Road and half an hour to Ballarat. An area with an abundance of public transport, shops, restaurants, schools, parks, sporting clubs and what’s more? Buying a 3 bedroom property in Melton could cost you less than if you were to rent in the area.
A recent study has shown that in Melton and Melton South it is possible to buy a 3 bedroom property and pay less for it than if you were to rent. According to news.com.au in Melton you can buy a 3 bedroom house for $258 p/w as oppose to renting it at $260 p/w and in Melton South you can buy a 3 bedroom home at $257 p/w as oppose to renting at $265 p/w. You do the math!
If you are wanting to get your foot into the property market then buying in Melton is definitely an area you’d be silly not to consider! With the population in Melbourne only growing more and more a demand for property in Melton will also be on the rise.
“We have found the interest in homes under the $280,000 mark is extremely high. We have had many investors from interstate showing great interest in Melton also, it is definitely a hot spot for fantastic property value. It is a very exciting time for us at the moment!” – Kirsteen Ryder, Sales Manager at Professionals Ryder Real Estate Melton.
If you’d like to find out more about Melton’s property market call Professionals Ryder Real Estate Melton on 9743 6400 to speak to one of our friendly, local and experienced agents!
