Macedon Ranges · 3337

Melton West, VIC

population +7.8% (5y), 3.4% gross yield.

NextSuburb scoreTier C
42Below trend
Median house
$493k
5y growth
2.8%/yr
Gross yield
3.4%
Vacancy
2.4%
Late-cycle holdHigh confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)2.8%/yr
    28/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield3.4%
    68/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability67% under cap
    67/100

Why this score

Melton West scores 42/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 3.4% gross rental yield. The standout watch-out: 5-year growth of 2.8%/yr trails the national pace.

Drivers
  • Population growth+7.8% (5y)
  • Rental yield3.4%
  • Budget headroom67% under cap
Risks
  • Modest 5y growth (2.8%/yr)
  • No major construction project in this state

Nearest infrastructure

Melbourne Airport Rail — Sunshine Hub27.3 km away

Approved · $13.0bn · completion 2033

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
354453Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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