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Investment Property Melbourne, VIC, 3000

Suburb Snapshot

Melbourne is a suburb in the Melbourne Region of Victoria. Melbourne has a population of 47,288 people and 52.12% of its occupants live in rental accommodation. The median listing price for houses is $644,500 and this has changed 43.38% over the past year and changed 5.48% over 2 years.

The median rent in Melbourne for houses is $530 per week and the median rental yield is 4.27%. Stock on the market for houses/townhouses has changed 85.71% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $500,000 and this has changed -5.67% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $590 per week, producing a rental yield of 6.13%.

Supply & Demand in Melbourne, Melbourne

2.97%

Current vacancy rate


1,294

Rental stock available


47,288

Population


52.12%

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 Melbourne, Melbourne

  House Townhouses Units
Median listing price $644,500 NA $500,000
Median price change - last quarter 7.41% NA 0.00%
Median price change - 1 year 43.38% NA -5.67%
Median price change - 2 years 5.48% NA -1.97%
  House Townhouses Units
Median weekly rent $530 NA $590
Median yield % 4.27% NA 6.13%
Median rent change - 1 year -11.67% NA 3.50%
  House Units
Previous month sales 0 76
Stock on market previous month 26 1,238
Stock variance vs. last year 85.71% 12.44%
Average days on market NA NA

Melbourne investment property listings

Showing 3 of 3 investment properties found in Melbourne on realestateinvestar.com.au

5806/228 La Trobe St, Melbourne

$450,000

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Perfect for First Home Buyer or Investment - Net Annual Return 6

FORGE is proud to present to you this one bedroom apartment in the Aurora complex. Situated in the centre of Melbourne with its vast selection of restaurants, shops and cafes, this 58 floor apartment presents investors, professionals or first home buyers with an exciting lifestyle opportunity. ...

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1

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Unit

VIC 3000


809/480 Collins st, Melbourne

$335,000

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Ready to move into apartment

Positioned on Melbourne's prestigious Golden Mile, this modern two-bedroom apartment on Collins Street offers outstanding value and an unbeatable CBD lifestyle. Vacant and ready to move into, it is ideal for owner-occupiers or investors seeking a blue-chip location. Enjoy impressive city views ...

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2

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Unit

VIC 3000


607/591-593 Elizabeth St, Melbourne

$150,000

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Perfect investment in the heart of Melbourne

Be quick to secure this amazing investment opportunity that takes the form of this ideal student accommodation situated within moments of public transport and some of Melbourne's best universities. It offers a vibrant, free-flowing floor plan including a bright bedroom, private bathroom, a cosy ...

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1

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0

Unit

VIC 3000


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