An approved growth precinct — City of Melton · VPA PSP 1076 · gazetted 4 September 2026
HALPMelton EastHALP Community Network
Market

Melton East — market snapshot.

Melton East is a new precinct, so long-run local market data doesn't exist yet. We use verified ABS Census 2021 data for the nearby established suburb of Cobblebank as the nearest data point. Market figures are third-party estimates and are clearly labelled.

Cobblebank house market

Current local market indicators

A third-party snapshot for houses in Cobblebank, the nearest established suburb. Figures can differ between providers and change as new sales and leases are recorded.

Median house sale price
Estimated
$633K
Median price change (1 year)
Estimated
-0.39%
Median gross rental yield
Estimated
3.7%
Median house rent
Estimated
$450 pw

Source: Property Value, Cobblebank house market snapshot, accessed 14 September 2026. These figures are estimates, not valuations or financial advice.

Suburb of Cobblebank (nearest established data)

Who lives in the area today.

Verified demographic snapshot for the nearby suburb of Cobblebank — the closest established data point to the Melton East precinct.

Population
3,601
Median age
29 years
Average household size
3.4 people
Median household income
$1,920 per week

Housing tenure

Owned with a mortgage60.2%
Rented32.6%
Owned outright4.7%

Dwelling profile

99.3%

Separate houses among occupied private dwellings

1,127

Private dwellings

Cobblebank's 2021 profile reflects a young, family-oriented suburb. Census figures are historical context and do not describe the future Melton East population.

Data & attribution

Demographic data: Australian Bureau of Statistics, 2021 Census QuickStats, Cobblebank SAL20590, licensed under Creative Commons Attribution 4.0 International (CC BY 4.0). Market figures are third-party estimates for Cobblebank houses, not Melton East valuations or financial advice.