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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 2,242 investment properties found in Melbourne on realestateinvestar.com.au

3412/639 Lonsdale St, Melbourne

$620,000

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Stylish Corner Retreat with Spectacular Bay and Harbour Views

A sunlit mix of designer style, spacious flow and a private corner setting, this stunning 2 bedroom, 2 bathroom, 2 balcony apartment highlights Port Phillip Bay and Victoria Harbour in all their blue-water beauty! As a part of the magnificent Madison tower in the New York-inspired Upper West Side ...

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Unit

VIC 3000


5518/228 La Trobe St, Melbourne

$700,000

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Light-filled Corner 2B2B with a Spectacular View in Aurora

FORGE is proud to present to you this two bedroom two bathrooms apartment in the Aurora complex. Situated in the centre of Melbourne with its vast selection of restaurants, shops and cafes, this south facing 55 floor apartment presents investors, professionals or first home buyers with an exciting ...

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VIC 3000


968/139 Lonsdale St, Melbourne

$273,000

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Prime CBD Investment in a Blue-Chip Location

Elevated above the vibrant heart of the city, this stylish residence at 968/139 Lonsdale Street offers the perfect fusion of modern comfort and unbeatable CBD convenience. Positioned within one of Melbourne's most energetic precincts, this apartment delivers a lifestyle where world-class dining, ...

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Unit

VIC 3000


6301/442 Elizabeth St, Melbourne

$480,000

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Premium Location, Luxury Living, Great View

Lighthouse is perfectly positioned in the heart of Melbourne's CBD, offering exceptional convenience with easy access to some of the city's most iconic landmarks and amenities, including Melbourne Central, QV, Queen Victoria Market, Emporium, Myer and David Jones. Renowned educational institutions ...

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Unit

VIC 3000


2210/155 Franklin St, Melbourne

$425,000

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Inner City Opportunity Franklin Street Pad

Positioned on vibrant Franklin Street, this well-presented two-bedroom apartment offers comfortable city living with all the essentials. Perfect for first-home buyers, investors, or those seeking a convenient inner-city lifestyle, the apartment combines practical design with a low-maintenance ...

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2

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Unit

VIC 3000


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