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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 2,103 investment properties found in Melbourne on realestateinvestar.com.au

203/8 Waterview Walk, Docklands

$395,000

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Harbour front Elegance in the Prestigious Watergate Complex

Embrace relaxed waterfront living in this stunning one-bedroom apartment within the highly sought-after Watergate complex. Designed with comfort and lifestyle in mind, the generous floorplan is complemented the light-filled lounge and dining zone, creating a warm and inviting space to unwind or ...

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VIC 3008


4803/38 Rose La, Melbourne

$480,000

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Sky-high city living with study & carpark in Melbourne's west-en

Commanding a prime Level 48 position in The Fifth, this light-filled 1-bedroom + study residence pairs effortless CBD convenience with panoramic outlooks and secure parking. Floor-to-ceiling glazing draws natural light across open-plan living and dining, extending to an east-facing balcony that ...

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VIC 3000


712/83 Queensbridge St, Southbank

$850,000

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Southbank Towers Masterpiece - Style, Space & Lifestyle Combined

• Striking designer kitchen with matte-black finishes & timber accents • Seamless floorboards throughout • Rare hallway cupboard storage on entry • Expansive open-plan living and dining with panoramic city views • Private balcony for morning coffees or twilight ...

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Unit

VIC 3006


2405/283 City Rd, Southbank

$685,000

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Fully Renovated Entertainers Inner City Pad

• Fully Renovated Unit • $750 per week rental return • Complete Italian Porcelain Tiles • New Wardrobes and doors in main bedroom • Tinted Windows & UV protection • Updated kitchen appliances • New extraction fan • Updated Split System ...

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VIC 3006


125/68 Leveson St, North Melbourne

$530,000

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Sophisticated inner city living with access to superb rooftop!

- Located in the 'Ryan & Leveson' complex - This 1-bedroom apartment is ready for owner-occupiers and investors - Tranquil views of communal greenery from balcony and living zone - Stylish stone kitchen with a straight-line design and s/steel appliances - Sizeable bedroom with built-in robe ...

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Unit

VIC 3051


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