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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 2,204 investment properties found in Melbourne on realestateinvestar.com.au

3803/245 City Rd, Southbank

$550,000

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Unmatched Palladium Tower Resort-Style Luxury

Sunlit, spacious and superbly set on the 38th floor, this ultra-modern 2 bedroom, 2 bathroom apartment will instantly impress with a north-facing aspect in an unsurpassed Southbank neighbourhood. Head downstairs to Crown, Woolworths shopping, trams, South Melbourne Primary School, South Melbourne ...

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Unit

VIC 3006


4105/81 City Rd, Southbank

$850,000

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Brand-New Space, Style and Sunlit Splendour with Award-Winning E

An all-new mix of light-filled luxury, unmatched quality and flawless finishes, this impeccable 2 bedroom, 2 bathroom (plus compact study) apartment offers an outstanding lifestyle opportunity on the cusp of the city. Venture downstairs and walk to the arts and sporting precincts, riverside ...

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2

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Unit

VIC 3006


1106/83 Queensbridge St, Southbank

$800,000

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Family-Sized Southbank Towers Excellence with 2 Balconies!

Spreading out in a tranquil corner setting, this far-reaching 3 bedroom, 2 bathroom, 2 balcony apartment unfolds with house-like scale, moments from the CBD. Experience the ultimate lifestyle with a short stroll to Melbourne Square Woolworths, Boyd Community Hub, Crown, trams, South Wharf ...

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Unit

VIC 3006


1602/180 City Rd, Southbank

$888,000

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Family Retreat with Sweeping City Views from a Tranquil Corner S

A stylish blend of flawless finishes, premium upgrades and a far-reaching floorplan, this spacious 3 bedroom, 2 bathroom apartment highlights simply stunning views from a commanding corner position. Head downstairs and the best of Melbourne is on your radar. Take a short stroll to Crown, the arts ...

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3

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VIC 3006


1807/68 La Trobe St, Melbourne

$588,000

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Inspired Blue Tower Brilliance in Perfect Paris-End Position

A stylish illustration of commanding views over the best of Melbourne, this impeccable 2 bedroom apartment will redefine the way you live in the top end of town. Take an easy stroll to Carlton Gardens greenery, free city trams, multiple bus routes, universities, QV shopping, Chinatown eateries, ...

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Unit

VIC 3000


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