Sunbury and Melton are two of Melbourne’s most affordable outer north-west investment suburbs. Both offer house prices below $650,000 and rental yields above 4%, making them popular with first-time investors.
Median Price Comparison
| Metric | Sunbury | Melton |
|---|---|---|
| Median House Price | $630,000 | $560,000 |
| Median Unit Price | $410,000 | $370,000 |
| Gross House Yield | 4.2% | 4.6% |
| Gross Unit Yield | 4.9% | 5.3% |
| 5-Year Growth | 40% | 36% |
| GeeVee Score | 7.0/10 | 6.7/10 |
Which Suburb Wins?
Sunbury wins on capital growth (40% vs 36%), lifestyle and train access on the Sunbury line. Melton wins on yield (4.6% house) and entry price ($560,000). Sunbury is the stronger long-term growth play. Melton is the stronger cash flow play.
Frequently Asked Questions
Is Sunbury a good investment suburb in 2026?
Sunbury’s 40% five-year growth, train access and lifestyle appeal make it a stronger long-term investment than Melton, despite its slightly higher entry price.
Is Melton good for rental yield?
Melton offers 4.6-5.3% gross yields and entry prices from $560,000, making it one of Melbourne’s strongest outer yield plays for cash flow investors.
Find off-market investment properties in Sunbury, Melton and Melbourne’s outer north-west at collings.com.au/portal.
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