Pulling the latest suburb data
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
East Gippsland LGA · VIC
For an investor,
A read of Melwood's fundamentals as they stand — not a price forecast. The scorecard below rates each factor so you can weigh the ones that matter to you.
The draw is fair yield (4.2% gross); the watch-out is weak infrastructure (4 LGA projects · ~$48M).
Suburb highlights
How Melwood's metrics connect, ordered for the selected buyer — derived from the figures above, not a forecast.
The overall Suburb Score, then each category on its own scale — weigh the ones that matter to you.
“Premium” means desirable but costly to enter, not a negative.
Melwood ranks 5th of 6 among its East Gippsland peers on the Suburb Score for a balanced buyer.
| Suburb | Score | Median | 5-yr growth | Yield | Safety |
|---|---|---|---|---|---|
| Bindi | A · 85 | — | — | 5.9% | Very safe |
| Bengworden | A · 73 | — | — | 4.2% | Very safe |
| Boole Poole | A · 73 | — | — | 4.2% | Very safe |
| MelwoodThis suburb | A · 64 | — | — | 4.2% | Above average |
Peers are same-LGA suburbs from the safety roster, scored on the same Suburb Score (a balanced weighting). For context, the VIC benchmark median is ~$780k.
What could go wrong
We surface the downside on purpose — most tools only show the upside. Observations from the data we hold, not advice.
How to read these numbers
The call above is yours, free. The report goes the next mile — your numbers run on the Melwood median, tuned to your goal, in one document to take to inspections.
Mixed fundamentals for a balanced focus — 64/100.
Capital growth data isn't available for this suburb, so it's excluded and the other weights are rebalanced.
A 4.2% gross house yield maps to 64/100 on the yield scale.
Affordability data isn't available for this suburb, so it's excluded and the other weights are rebalanced.
Safety score of 78/100 — a VIC-wide percentile of reported offences (higher = safer).
4 funded projects (~$48M) across the whole council area. Ranked by investment per resident, this LGA sits in the top 71% of VIC for infrastructure spend (29/100). Applies to every suburb in the LGA, not just this one.
Our verdict
A reasonable fit for a balanced focusEvery figure on Melwood's page comes from free, public government data — no scraped listings. Some datasets carry a reporting lag (e.g. Census is 2021, ABS releases settle a quarter behind), so read them as a considered starting point, not live quotes.
Chat to PropSignal AI about Melwood's prices, yields and growth, or compare it with other suburbs on your shortlist — free.
Ask AI about MelwoodFree government data, each metric at its latest available year — see full sources & licensing. Indicative only; not financial or safety advice.
Population growth is the clearest leading indicator of housing demand. Melwood grew +12% between 2013 and 2023, and is projected +17% more by 2036.
Blended from Melwood's ABS SA2 statistical areas — area estimates, not suburb-exact.
Median household income is gross, before tax. Affordability is median rent/mortgage against the suburb's median household income — a comparative guide, not a household-level stress rate.
The figures behind the Suburb Score — rental vacancy (2025); under ~2% is a tight market.
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