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

6/24 Little Bourke St, Melbourne

$338,000

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The World is a Stage

Positioned within the historic Gordon House, this charming one-bedroom apartment sits in a heritage-listed complex originally built as residences for stage actors, offering a unique blend of character and city living. Located in the north-eastern quarter of Melbourne's CBD, the apartment places ...

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Unit

VIC 3000


1202/228 ABeckett Street St, Melbourne

$330,000

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Elevated Living with Light, Views and Space

Nestled away from the bustling streets of the CBD, on the tranquil garden end of A'Beckett Street, lies the highly sought-after Istana complex. Surrounded by lush trees and a leafy ambiance, this residence enjoys a prime location within walking distance to Queen Victoria Market, Flagstaff Gardens ...

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Unit

VIC 3000


502/339 Swanston St, Melbourne

$217,000

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Centrally located and affordable - Not student accom

Positioned in the absolute heart of Melbourne's CBD, this superb one-bedroom apartment at 339 Swanston Street offers an unbeatable lifestyle opportunity directly opposite the iconic State Library and with Melbourne Central literally next door. Whether you're an owner-occupier or investor, this ...

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Unit

VIC 3000


6401/500 Elizabeth St, Melbourne

$450,000

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Stunning Sky-High Living with Uninterrupted Views

Perched high on Level 64 in the heart of Melbourne, this impressive 2-bedroom, 1-bathroom apartment delivers a true sky-high living experience with breathtaking, uninterrupted views across the city skyline. Bathed in natural light, the open-plan living and dining area flows seamlessly onto a ...

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Unit

VIC 3000


2002/81 ABeckett St, Melbourne

$355,000

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Perfect Furnished One-Bedroom Apartment in the Heart of the CBD

Experience the ultimate urban lifestyle in this impeccably positioned 1-bedroom, 1-bathroom apartment located on the 20th floor of the highly sought-after 'Empire Melbourne' building. Situated at the dynamic junction of Elizabeth Street and A'Beckett Street, this property offers all the ...

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Unit

VIC 3000


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