I’m a new investor. Any opinion regarding Melton/Melton South? Does anyone know about the Vacancy rate or capital growth for this area? Many thanks. Robert
Price growth has gone negative in Melton South. Given the current global problems and Vics economy in tatters I would be inclined to hold off and see how low it can go before I jump in with both feet. Kurunjang is showing the same trend as Melton West
http://www.domain.com.au/public/SuburbProfile.aspx?searchTerm=Melton%20West&mode=buy
More data
http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=vic&u=melton
Just be careful reading too much into these data sets. Melton is small and a surge in sales, prices etc can easily distort prices either way. It’s the kind of place that requires a detailed assessment before committing
Thanks Freckle
You must be logged in to reply to this topic. If you don't have an account, you can register here.
