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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 850 investment properties found in Melbourne on realestateinvestar.com.au

1310/41 Batman St, Melbourne

$380,000

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Affordable, Great Location, Ready to Move in!

Conveniently located next to Flagstaff Gardens & Flagstaff Train Station, Queen Victoria Market, Spencer Outlet Centre, Airport shuttle bus and passing CBD trams. This generously proportioned apartment will ideally suit both investors and future owner occupiers. Apartment comprises: . Stunning ...

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Unit

VIC 3000


3010/618 Lonsdale St, Melbourne

$630,000

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Elevated CBD Living on Level 30

Set high on level 30 of the well-regarded Melbourne One complex, this sophisticated apartment is well-presented throughout, with quality furnishings enhancing both comfort and functionality, creating a space ready to be enjoyed from day one, making it a smart choice for first-home buyers, ...

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Unit

VIC 3000


5102/33 Rose La, Melbourne

$550,000

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Sky-High Living on the Ultimate Level Uninterrupted Views & Exc

Positioned on the 51st floor (sub-penthouse level) of the iconic Manhattan building, Upper West Side, this exceptional residence represents one of the most desirable levels in the entire tower offering the perfect balance between breathtaking elevation and everyday practicality. Enjoy all the ...

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Unit

VIC 3000


lot 67 ( 607 )/47 Lonsdale St, Melbourne

$210,000

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Brick and Mortar investment offering a brilliant 9.7% return

Positioned in the heart of Melbourne's vibrant CBD, this exceptional investment opportunity at 47 Lonsdale Street offers the ultimate "set and forget" asset for the astute investor. Securely leased to a hotel operator with a strong annual income of approx $20,481.48*, the property benefits from a ...

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Unit

VIC 3000


2903/464 Collins St, Melbourne

$490,000

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Refined North-East Facing Living at Collins House

Positioned high on Level 29 of the iconic Collins House, this elegant one-bedroom residence showcases a refined balance of heritage charm and contemporary luxury in one of Melbourne's most prestigious addresses. Enjoy a desirable north-east orientation, allowing for abundant natural light ...

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VIC 3000


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