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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 13.63% over 2 years.

The median rent in for houses is $595 per week and the median rental yield is 2.47%. Stock on the market for houses/townhouses has changed -5.48% 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 1.85% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $400 per week, producing a rental yield of 3.78%.

Supply & Demand in Melbourne

2.93%

Current vacancy rate


3,586

Rental stock available


135,965

Population


52.20%

Rental population


1.12%

Current vacancy rate


33,039

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 $1,125,000 $550,000
Median price change - last quarter 0.00% 3.77% 0.37%
Median price change - 1 year 8.69% 12.50% 1.85%
Median price change - 2 years 13.63% 2.50% 2.23%
  House Townhouses Units
Median weekly rent $595 $650 $400
Median yield % 2.47% 3.00% 3.78%
Median rent change - 1 year 3.47% 0.00% 2.56%
  House Units
Previous month sales 49 214
Stock on market previous month 276 2,909
Stock variance vs. last year -5.48% -0.82%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 3,341 investment properties found in Melbourne on realestateinvestar.com.au

613/528 Swanston St, CARLTON

$245,000

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VIC 3053


3901/245 City Rd, Southbank

$599,000

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BRAND NEW 2 BEDROOM APARTMENT, SPECTACULAR VIEWS - ONLY $659K!!!

Brand New 2 bedroom 1 bathroom apartment located in Southbank's "Golden Triangle", at the spectacular, recently completed, Palladium Tower. Enjoy the vibrant location of Southbank with its popular Southbank Boulevard, Crown Entertainment Precinct, the convenient short walk to South Melbourne ...

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VIC 3006


141/285 City Rd, Southbank

$1,299,000

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Uninterrupted City Views and open-plan Living on the Top Floor

Enjoy uninterrupted city views from the 14th & 15th floor of this spacious, newly renovated and sunlit 3 bedroom, 2.5 bathroom apartment perfectly positioned in walking distance to the Southbank Boulevard, Crown Entertainment Precinct, Melbourne CBD and South Melbourne Fresh Food Markets. A ...

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VIC 3006


1507/8 Sutherland St, Melbourne

$450,000

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CORNER Position, BOTH bedrooms NORTH FACING and with Windows

It's all about quality and lifestyle at 1507/8 Sutherland Street, Melbourne! Windows and lights at both NORTHERLY and Westly, CORNER position ensure abundant light to all rooms. In a prime position of the CBD, make life a breeze by living within just a minutes' walk from: - Melbourne Central - ...

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VIC 3000


1009/28 Bouverie St, Carlton

$470,000

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Bright, great view in prime location

It stands proud as a landmark building, with secure residential lobby entry on Bouverie Street. Especially Spacious layout comprises 2 bedrooms, 2 bathrooms, bright and extra large open plan living and dining area with aircon and windows. Modern kitchen with dishwasher and ample storage. This ...

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VIC 3053


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