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Investment Property Middle Park, VIC, 3206

Suburb Snapshot

Middle Park is a suburb in the Port Phillip Region of Victoria. Middle Park has a population of 4,149 people and 28.13% of its occupants live in rental accommodation. The median listing price for houses is $2,400,000 and this has changed -11.12% over the past year and changed 1.05% over 2 years.

The median rent in Middle Park for houses is $950 per week and the median rental yield is 2.05%. Stock on the market for houses/townhouses has changed -15.00% compared to last year and the average time to sell a house/townhouse is 54 days.The median listing price for units is $720,000 and this has changed 4.34% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Middle Park is $555 per week, producing a rental yield of 4.00%.

Supply & Demand in Middle Park, Port Phillip

0.67%

Current vacancy rate


14

Rental stock available


4,149

Population


28.13%

Rental population


1.61%

Current vacancy rate


855

Rental stock available


100,866

Population


43.19%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Middle Park, Port Phillip

  House Townhouses Units
Median listing price $2,400,000 NA $720,000
Median price change - last quarter 0.00% NA -10.00%
Median price change - 1 year -11.12% NA 4.34%
Median price change - 2 years 1.05% NA -6.80%
  House Townhouses Units
Median weekly rent $950 NA $555
Median yield % 2.05% NA 4.00%
Median rent change - 1 year 0.00% NA 11.00%
  House Units
Previous month sales 7 3
Stock on market previous month 17 7
Stock variance vs. last year -15.00% 16.67%
Average days on market 54 73

Middle Park investment property listings

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