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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 2,194 investment properties found in Melbourne on realestateinvestar.com.au

2607/180 City Rd, Southbank

$430,000

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Inspired Entertainer with Sweeping Southbank, Bay and River View

A seamless integration of style, space and stunning views, this ultra-modern 1 bedroom apartment is tailor-made for first home owners, astute investors and those searching for a secure lock-and-leave base. Make your way downstairs and explore a secure city-edge neighbourhood united by choice. ...

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Unit

VIC 3006


2305n/883 Collins St, Docklands

$438,000

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Stunning 1 Bedroom Apartment in Docklands

Live in luxury at this stunning 1 bedroom apartment located at 883 Collins Street in the heart of Docklands. With its modern design and prime location, this property offers the perfect blend of style and convenience. Step into a spacious living area that is flooded with natural light, thanks to ...

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Unit

VIC 3008


1905/45 Clarke St, Southbank

$420,000

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Spacious Layout With Stunning Albert Park Lake Views

• Brand New High Quality Carpet Throughout • Stunning Views Across Albert Park Lake & Port Phillip Bay • Two Spacious Bedrooms • Miele Appliances • Floor-To-Ceiling Double Glazed Windows • 24/7 Concierge & Security • Ground Floor Woolworths Open ...

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Unit

VIC 3006


2508/442 Elizabeth St, Melbourne

$425,000

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High-Yield CBD Investment - Fully Furnished with Up to 9% Return

Welcome to 2508/442 Elizabeth Street, Melbourne, a rare high-performing opportunity offering strong rental returns, flexible layout, and unbeatable CBD convenience, perfect for both investors and future owner-occupiers. Currently leased fully furnished, this apartment provides immediate income, ...

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Unit

VIC 3000


2801/42 Balston St, Southbank

$480,000

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Heart of Southbank Living

- Two-bedroom, one-bathroom apartment in Southbank's Marco Building. - Balcony showcasing Government House, Albert Park Lake & bay views. - Modern kitchen with stone surfaces and quality appliances. - Main bedroom with built-in robes and flexible second bedroom/office - Integrated European laundry ...

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Unit

VIC 3006


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