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Melton South vs St Arnaud

Property investment comparison - Melton South, VIC 3338 vs St Arnaud, VIC 3477

MetricMelton SouthSt Arnaud
Median house price$585K$585K
Median unit price$410K-
Gross rental yield (houses)3.83%-
Gross rental yield (units)4.85%-
1-year house growth+10.7%estimate-
3-year house growth--
Vacancy rate3.7%-
Population11,3622,318

Melton South vs St Arnaud: what the numbers say

Houses cost about the same in both suburbs: the median house price is $585K in Melton South and $585K in St Arnaud.

Melton South is the bigger suburb, with a population of 11,362 against 2,318, roughly 4.9 times the size of St Arnaud; a larger suburb usually means a deeper pool of buyers and tenants.

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