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Investment Property Melbourne, VIC

Region Snapshot

Melbourne is a region in Victoria, Australia. Melbourne has a population of 135,965 people and 52.20% of its occupants live in rental accommodation. The median listing price for houses is $1,150,000 and this has changed -4.17% over the past year and changed -8.00% over 2 years.

The median rent in for houses is $680 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed 23.85% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $555,000 and this has changed 0.90% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $550 per week, producing a rental yield of 5.15%.

Supply & Demand in Melbourne

2.59%

Current vacancy rate


3,295

Rental stock available


135,965

Population


52.20%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Melbourne

  House Townhouses Units
Median listing price $1,150,000 $990,000 $555,000
Median price change - last quarter 4.54% 1.02% 0.81%
Median price change - 1 year -4.17% -10.00% 0.90%
Median price change - 2 years -8.00% -10.00% 2.77%
  House Townhouses Units
Median weekly rent $680 $750 $550
Median yield % 3.07% 3.93% 5.15%
Median rent change - 1 year 9.67% 11.11% 14.58%
  House Units
Previous month sales 46 45
Stock on market previous month 270 2,754
Stock variance vs. last year 23.85% 1.85%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 2,916 investment properties found in Melbourne on realestateinvestar.com.au

N/A, Docklands

$419,950

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Luxury Living in The Heart of Southbank!!!

5% Deposit Required!!! Ideal for First Home Buyers looking for their ultimate city Abode! Live amongst Southbank's most sought-after tower Australia 108. Sophisticated modern interiors are sure to impress with a well-planned layout on level 20 featuring ensuite to the bedroom, high end fixtures ...

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Unit

VIC 3008


N/A, Southbank

$1,247,400

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Urban Retreat: 3 Bed, 2 Bath Oasis with Parking, 94 sqm of Conte

Arrange an inspection today. Offering mesmerizing views, this collection of premium apartments at this project is centrally located in Southbank. Enjoy proximity to peaceful parks, entertainment complexes, shopping avenues and the thriving CBD with this modern adobe. This beautifully crafted ...

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Unit

VIC 3006


N/A, Southbank

$806,600

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Sky-High Luxury: 2 Bed, 2 Bath Oasis on Level 40 in Melbourne Sq

Arrange an inspection today. Perched atop the 40th level of Melbourne Square, this apartment offers a luxurious urban oasis. Boasting 2 bedrooms and 2 bathrooms within its confines, the residence spans a total area of 67 square meters, providing an intimate yet stylish living space in the heart of ...

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Unit

VIC 3006


1002/80 ABeckett St, Melbourne

$450,000

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City Central Luxury Two Bedrooms Apartment!

Description: Spacious two bedrooms apartment at Central of CBD is the complete package! RMIT, Victoria and Melbourne Universities are all within easy walking distance. An enormous variety of great shopping is at your feet from the fabulous fresh produce of Queen Victoria Market to major department ...

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Unit

VIC 3000


37 Leveson St, North Melbourne

$1,850,000

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Timeless Charm & Beautiful Street Appeal in a Mixed Use Zone

Positioned at the intersection of Leveson Street and Little Errol Street, this space offers both commercial potential and residential charm, possible because the site conveniently zoned as Mixed Use. Currently utilised as a professional office space, the alterations have been achieved ...

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House

VIC 3051


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