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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 2,152 investment properties found in Melbourne on realestateinvestar.com.au

1904/408 Spencer St, West Melbourne

$899,000

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Top-Floor Temptation, Parkhill Perfection!

Brimming with natural light, free-flowing space and sweeping views, this fully furnished 2 bedroom apartment is an ultra-modern showcase of city-edge luxury. Elevated to appeal on the top floor of the highly prized Parkhill complex, venture downstairs and stroll to the CBD, Flagstaff Gardens, ...

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Unit

VIC 3003


1609/241 City Rd, Southbank

$450,000

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Northern Exposure with Breathtaking Views

Free-flowing, far-reaching and filled with northern light, this stylish 2 bedroom apartment offers spectacular views with a convenient Southbank lifestyle ready to activate on your doorstep. Step outside and walk to Crown, the lively arts precinct, Woolworths choice, Queens Bridge Street trams, ...

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Unit

VIC 3006


2712/560 Lonsdale St, Melbourne

$425,000

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Spacious Melbourne Grand with Work-from-Home Luxury

A sleek celebration of ultra-modern luxury, this immaculate 1 bedroom (plus study zone) apartment stands out in style with a breathtaking aspect in the heart of the city. Take a high-speed lift to the ground floor and unrivalled convenience is all yours for the taking! Walk to vibrant Koreatown ...

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Unit

VIC 3000


96 Kavanagh St, Southbank

$370,000

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Make Your Own Ground-Floor Entrance in the Heart of Southbank

Offering exclusive ground-floor access from Kavanagh Street, make your own grand entrance in this impressive 1 bedroom apartment with unrivalled convenience as a part of the resort-inspired Victoria Tower complex. A rare opportunity for discerning downsizers, entry-level buyers and keen investors, ...

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VIC 3006


13 Wakefield St, Kensington

$1,100,000

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Effortless living in a prime parkside position

With its adaptable design, quality inclusions and impeccable presentation, this double-storey home offers a terrific city-fringe lifestyle opportunity all in a quiet and convenient Kensington pocket looking out to Tankard Reserve. Filled with natural light, the welcoming interior comprises an ...

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House

VIC 3031


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