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Melton West, Australia
Full City Profile
2.1
/5.0
C
Fair
8,784
Population
2/sq mi density
459 ft
Elevation
140 meters
54°F
Avg Temperature
12°C
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$21,497 median income, 7.4% unemployment
D
Affordability
1.9 / 5.0
$180,200 home value, $901/mo rent
Housing Overview
Median Home Value
$180,200
36% below
US avg: $281,900
Median Rent
$901/mo
23% below
US avg: $1,163/mo
Homeownership Rate
76.2%
17% above US avg (65.4%)
Total Housing Units
3,514
Ownership vs. Renting
76.2%
Owner-Occupied
23.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $180,200 |
Rent
| Census Median Rent | $901 |
Market
Ownership & Stock
| Owner-Occupied | 76.2% |
| Renter-Occupied | 23.8% |
| Homeownership Rate | 76.2% |
| Total Housing Units | 3,514 |