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Investment Property Melbourne, VIC

Region Snapshot

Melbourne is a region in Victoria, Australia. Melbourne has a population of 135,965 people and 52.20% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 8.69% over the past year and changed 8.69% over 2 years.

The median rent in for houses is $700 per week and the median rental yield is 2.91%. Stock on the market for houses/townhouses has changed 5.16% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $550,000 and this has changed 0.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $580 per week, producing a rental yield of 5.48%.

Supply & Demand in Melbourne

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

  House Townhouses Units
Median listing price $1,250,000 $1,000,000 $550,000
Median price change - last quarter 0.00% -4.77% 0.00%
Median price change - 1 year 8.69% 1.11% 0.00%
Median price change - 2 years 8.69% -8.05% 0.00%
  House Townhouses Units
Median weekly rent $700 $790 $580
Median yield % 2.91% 4.10% 5.48%
Median rent change - 1 year 1.44% 5.33% 5.45%
  House Units
Previous month sales 38 261
Stock on market previous month 265 2,973
Stock variance vs. last year 5.16% 6.18%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 2,156 investment properties found in Melbourne on realestateinvestar.com.au

2503/83 Queensbridge St, Southbank

$1,995,000

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Unrivalled Southbank Penthouse Living, Unmatched Family Luxury!

A perfectly presented showcase of breathtaking city and river views, this vast 3 bedroom, 2.5 bathroom penthouse apartment takes Southbank style to the next level. Prepare yourself for house-like scale in a corner setting, a thrilling quartet of balconies facing north and east, and a staggering ...

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Unit

VIC 3006


1209/565 Flinders St, Melbourne

$600,000

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Stylish 2-Bed, 2-Bath Apartment with Car Space in the Heart of M

Positioned in the vibrant Northbank Place complex, this sleek and contemporary 2-bedroom, 2-bathroom apartment with secure car space at 565 Flinders Street delivers the perfect blend of space, style, and unbeatable city convenience. Ideal for professionals, first-time buyers, downsizers, or savvy ...

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Unit

VIC 3000


3607/639 Little Lonsdale St, Melbourne

$420,000

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Luxury High-Rise Living in Melbourne's West Side Place

3607/639 Little Lonsdale Street, Melbourne VIC Welcome to West Side Place, one of Melbourne's most prestigious residential addresses. Perched on Level 36 of Tower B, this elegant one-bedroom apartment perfectly blends modern luxury, comfort, and inner-city convenience. Step inside and experience a ...

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Unit

VIC 3000


3804/245 City Rd, Southbank

$475,000

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Stylish 2-Bedroom Living in Palladium Tower

Positioned within the acclaimed Palladium Tower, this elegant 2 bedroom, 2 bathroom residence delivers stylish modern living with unbeatable city convenience. Designed with natural light, a functional layout and contemporary finishes throughout, this home is ideal for both owner-occupiers and ...

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2

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Unit

VIC 3006


701/48 Balston St, Southbank

$430,000

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Resort-Style Amenities with Panoramic Views

• Located in the iconic Marco building, in the heart of Southbank • Exclusive access to infinity pool, gym, private dining room, and cinema • Grand lobby with 24-hour concierge service • Contemporary kitchen featuring stone benchtops and Smeg appliances • Two ...

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Unit

VIC 3006


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