Question 1

Is Melton a good place to buy your first home?

Accepted Answer

Melton is a great option for first home buyers who first home buyers seeking maximum value. With a median price of $480,000 and +7.2% growth over the past year, it offers country town feel with urban convenience.

Question 2

What grants are available for first home buyers in Melton?

Accepted Answer

First home buyers in Melton may be eligible for the $10,000 First Home Owner Grant (for new homes up to $750,000), stamp duty concessions (up to $31,070 saved), and the First Home Guarantee scheme (buy with just 5% deposit).

Question 3

How much deposit do I need to buy in Melton?

Accepted Answer

With the First Home Guarantee, you could buy in Melton with just 5% deposit (around 24000 based on the median price). Without government schemes, most lenders require 10-20% deposit.

Question 4

What type of properties do first home buyers typically buy in Melton?

Accepted Answer

In Melton, first home buyers typically look for 3-4 bedroom houses, townhouses, and land packages in new estates. The suburb is known for country town feel with urban convenience.

Question 5

How long does it take to commute from Melton to Melbourne CBD?

Accepted Answer

Melton offers Melton Station (V/Line) and Bus network. Commute times to the CBD vary based on your mode of transport and exact location within the suburb.

First Home Buyers in Melton — What You Need to Know

Affordability Snapshot

Grants Available for Melton

First Home Owner Grant

Stamp Duty Concession

First Home Guarantee

Local Insights

Schools

Transport

Highlights

Location

Frequently Asked Questions

See what you can afford in Melton

Ready to Buy in Melton?