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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 $3,975,000 and this has changed 106.49% over the past year and changed 44.54% over 2 years.

The median rent in East Melbourne for houses is $1,025 per week and the median rental yield is 1.34%. Stock on the market for houses/townhouses has changed 40.00% compared to last year and the average time to sell a house/townhouse is 109 days.The median listing price for units is $605,000 and this has changed -12.95% over the past year. The average unit takes 84 days to sell and the median rent for a unit in East Melbourne is $570 per week, producing a rental yield of 4.89%.

Supply & Demand in East Melbourne, Melbourne

2.26%

Current vacancy rate


73

Rental stock available


4,960

Population


41.44%

Rental population


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 East Melbourne, Melbourne

  House Townhouses Units
Median listing price $3,975,000 NA $605,000
Median price change - last quarter 3.24% NA 0.83%
Median price change - 1 year 106.49% NA -12.95%
Median price change - 2 years 44.54% NA -16.56%
  House Townhouses Units
Median weekly rent $1,025 $865 $570
Median yield % 1.34% NA 4.89%
Median rent change - 1 year 15.16% 0.00% 11.76%
  House Units
Previous month sales 3 3
Stock on market previous month 21 62
Stock variance vs. last year 40.00% 51.22%
Average days on market 109 84

East Melbourne investment property listings

Showing 5 of 45 investment properties found in East Melbourne on realestateinvestar.com.au

5/76 Vale St, East Melbourne

$1,350,000

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Rare Flawless Parkside Sanctuary

Exquisitely charming and remarkably private, this recently renovated two bedroom apartment is a city-fringe haven of historical significance and contemporary sophistication in a peaceful and private position directly opposite the glorious expanses of Yarra Park and the MCG. Steeped in tradition, ...

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Unit

VIC 3002


26 Berry St, East Melbourne

$6,500,000

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Imposing and Grand Victorian

A jewel in the Jolimont district of East Melbourne is this stunning oversized and grand Victorian terrace, 26 Berry Street stands as a true testament to the grandeur of Victorian architecture and modern luxury. A double block spanning 433 sqm, this special home fits perfectly in a location of ...

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House

VIC 3002


11/9-15 Palmer St, East Melbourne

$725,000

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The Hermitage

Tucked away in the idyllic Jolimont Pocket of East Melbourne is this oversized quintessential Art Deco (1937) apartment with 68 sqm of space and the ability to renovate to one's desire (STCA). Stepping inside the property you realise this one is a cut above the rest, with timber floors underfoot, ...

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Unit

VIC 3002


911V/162 Albert St, East Melbourne

$585,000

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Breathtaking Urban Retreat

Nestled within the historic confines of the former Victoria Brewery, this charming two-bedroom apartment boasts a prime position in the heart of East Melbourne, offering an enticing blend of luminous urban living and captivating Northerly panoramas. Perched on the 9th floor of 'The Victoria' ...

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Unit

VIC 3002


1204/166 Wellington Pde, East Melbourne

$1,750,000

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Supreme entertainer with penthouse panorama

A statement in cityside splendour opposite the iconic MCG, this extraordinary penthouse provides unparalleled entertaining capabilities and some of inner Melbourne's most inspiring vistas. Affording a sense of blissful airiness, extensive use of glass attracts relaxing, all day rays, with a ...

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Unit

VIC 3002


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