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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 5 of 826 investment properties found in Melbourne on realestateinvestar.com.au

3006/31 ABeckett St, Melbourne

$380,000

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Perfectly Positioned - Close RMIT, Melbourne University & QV Mar

Perched high on the 30th floor of the popular A'Beckett Tower and right opposite RMIT City Campus and in the heart of Melbourne CBD, Apartment 3006 is now available for its new owner. Comprising a flexible floor plan with open plan living and meals, two good sized bedrooms, both with BIRs, stylish ...

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Unit

VIC 3000


1515/480 Collins St, Melbourne

$247,000

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HUGE 10% RETURN - WITH OWNER OCCUPATIUON AVAILABLE IN 2028...

Tenanted until February 2028 to Oaks Hotel, enjoy the benefits of a secure lease with the option to occupy thereafter. This is an oversized North facing executive studio serviced apartment measuring approximately 30 sqm. Situated on the15th floor of the renowned 'Oaks on Collins' building, the ...

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Unit

VIC 3000


3305/464 Collins St, Melbourne

$450,000

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Sophisticated City Living in the Heart of Collins Street

Experience the ultimate in luxury and convenience with this stunning 1-bedroom, 1-bathroom apartment in the prestigious Collins House. A seamless blend of heritage character and contemporary design, this residence captures the essence of refined Melbourne living. Apartment Feature: • ...

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Unit

VIC 3000


6908/462 Elizabeth St, Melbourne

$625,000

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Modern luxury in exclusive lifestyle location

Showcasing a captivating fusion of designer flair and contemporary sophistication, this 2 bedroom, 1 bathroom apartment delivers the ultimate in stylish, low-maintenance living. A neutral colour palette, full-height windows and timber floors enhance the light-filled open-plan living and dining ...

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VIC 3000


2401/280 Spencer St, Melbourne

$1,500,000

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Unrivalled Scale on Spencer

EXPRESSIONS OF INTEREST CLOSING 2ND OF DECEMBER AT 2:30PM Commanding an impressive 206sqm (approx.) of internal space, this exceptional three bedroom, two bathroom plus powder room apartment at 280 Spencer Street redefines luxury inner city living. Renovated with impeccable taste, this residence ...

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VIC 3000


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