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ABS 2021 Census · Updated 21 May 2026
Melton West is a regional centre in Victoria, Australia, with a population of approximately 8,784, making it a smaller community. Located approximately 40 km from the Melbourne CBD, Melton West is a regional area in Victoria. The median household income is $75,400 per year.
Household incomes in Melton West sit in a comfortable mid-range for the Victoria market. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Melton West. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Melton West on My School →Estimated 4 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
8,784 residents places Melton West squarely in the middle of the Victoria suburb size distribution (state median 7,416), with market depth comparable to most VIC localities. Melton West's median household income of $75,400/year is 21% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $320 equates to $1,387/month — about 92% of the median mortgage repayment of $1,500/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 40 km from Melbourne, Melton West is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.
How Melton West stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Melton West sits above the state median; negative means below.
| Metric | Melton West | VIC median | Δ vs state |
|---|---|---|---|
| Population | 8,784 | 7,416 | +18% |
| Median household income | $75,400/yr | $95,160/yr | -21% |
| Median rent (weekly) | $320 | $380 | -16% |
| Median mortgage (monthly) | $1,500 | $1,950 | -23% |
| Distance to CBD | 40 km | 32 km | +25% |
| Separate houses | 89% | 78% | +11pp |
Pre-inspection briefing for Melton West — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 21% below the VIC median ($75,400 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Strong rental coverage: $320/week (~$1,387/month) covers 92% of the $1,500/month median mortgage repayment, so the shortfall sits at just $113/month. Investors targeting positive cash flow should shortlist this suburb.
A dwelling mix skewed to houses (89% vs 78% VIC median) combined with a population of 8,784 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.
Run the numbers on a Melton West property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Melton West are modest for 2026 — incomes 21% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~92% of the typical mortgage ($1,387/month rent vs $1,500/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 48/100 places Melton West in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Melton West scores 48/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 8,784, median household income of $75,400/year and median weekly rent of $320. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Melton West are a median household income of $75,400/year, a dwelling mix that is 89% separate houses, roughly 2 schools and 4 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Melton West has a usual resident population of approximately 8,784, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Melton West sits 40 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $320 in Melton West, equating to approximately $16,640/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Melton West is $1,500, or approximately $18,000/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $320 works out to $1,387/month, covering 92% of the median mortgage repayment of $1,500/month. That leaves a $113/month shortfall (around $1,356/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,500 median mortgage, below-median household incomes ($75,400 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.