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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 2 of 2 investment properties found in Melbourne on realestateinvestar.com.au

2806/220 Spencer St, Melbourne

$280,000

property pic

Stunning high-rise city view apartment

Seize the chance to reside in this beautifully designed high-rise studio at the prestigious Upper West Side Apartments, located in Melbourne's newest and most exclusive precinct. This stylish, modern apartment offers the best of urban living, from remarkable views to easy access to everything the ...

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rei

1

rei

1

rei

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Unit

VIC 3000


701/182 Collins St, Melbourne

$375,000

property pic

Above Collins, Centre Stage.

Hovering above the Paris end of Collins Street like a beautifully kept secret, this 7th-floor apartment in the iconic Clyde House is less "place to live" and more leading role. A heritage showpiece with a city heartbeat, it's where old-world glamour flirts shamelessly with modern Melbourne. Regent ...

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rei

1

rei

1

rei

0

Unit

VIC 3000


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