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Investment Property East Melbourne, VIC, 3002

Suburb Snapshot

East Melbourne is a suburb in the Melbourne Region of Victoria. East Melbourne has a population of 4,960 people and 41.44% of its occupants live in rental accommodation. The median listing price for houses is $3,000,000 and this has changed -24.53% over the past year and changed 50.00% over 2 years.

The median rent in East Melbourne for houses is $1,100 per week and the median rental yield is 1.90%. Stock on the market for houses/townhouses has changed 7.69% compared to last year and the average time to sell a house/townhouse is 112 days.The median listing price for units is $725,000 and this has changed 16.00% over the past year. The average unit takes 97 days to sell and the median rent for a unit in East Melbourne is $600 per week, producing a rental yield of 4.30%.

Supply & Demand in East Melbourne, Melbourne

1.93%

Current vacancy rate


65

Rental stock available


4,960

Population


41.44%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

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 East Melbourne, Melbourne

  House Townhouses Units
Median listing price $3,000,000 NA $725,000
Median price change - last quarter 0.41% NA 0.34%
Median price change - 1 year -24.53% NA 16.00%
Median price change - 2 years 50.00% NA 3.94%
  House Townhouses Units
Median weekly rent $1,100 $860 $600
Median yield % 1.90% NA 4.30%
Median rent change - 1 year 0.00% -1.15% 4.34%
  House Units
Previous month sales 2 5
Stock on market previous month 14 51
Stock variance vs. last year 7.69% -13.56%
Average days on market 112 97

East Melbourne investment property listings

Showing 5 of 88 investment properties found in East Melbourne on realestateinvestar.com.au

12/129 Grey St, East Melbourne

$640,000

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Fully Renovated Art Deco Gem Near Fitzroy Gardens

Set within one of Melbourne's most prestigious postcodes, this beautiful first-floor apartment presents a rare lifestyle opportunity in a tightly held, blue-chip pocket. Positioned just 150 metres from the beauty of Fitzroy Gardens, and nestled within the character-rich Art Deco Hayling building, ...

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VIC 3002


30/8 Wellington Cres, East Melbourne

$1,050,000

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Quiet Garden Residence in Acclaimed Building

Set within the prestigious Wellington Gardens precinct, this elegant two-bedroom residence at 8 Wellington Crescent delivers an exceptional blend of space, natural light, and refined comfort right on the doorstep of the city. Positioned on the north-facing side of the complex, the home is bathed ...

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VIC 3002


18/190 Albert St, East Melbourne

$1,100,000

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Quality, security & lifestyle

Positioned within the tightly held Victoria Albert Town Residence, this beautifully renovated apartment presents a compelling opportunity to secure a quality home in one of East Melbourne's most desirable lifestyle pockets. Thoughtfully updated to enhance both style and functionality, the ...

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VIC 3002


805/162 Albert St, East Melbourne

$490,000

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Effortless East Melbourne Living

- Rental income for $650-$700 - Two well-proportioned bedrooms - Open living/dining area connecting to a private balcony. - Kitchen equipped with quality appliances and stone bench tops. - Central bathroom with modern design and Euro laundry facilities. - Secure basement car space included - ...

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VIC 3002


8/129 Grey St, East Melbourne

$560,000

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Art Deco Charm in a Prestige Pocket

Set within Melbourne's most exclusive postcode, this north-facing first-floor apartment delivers a rare lifestyle opportunity in a blue-chip pocket reserved for the fortunate few. Positioned just 150 metres from the heritage beauty of Fitzroy Gardens, within the character-rich Art Deco Hayling ...

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VIC 3002


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