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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 2,162 investment properties found in Melbourne on realestateinvestar.com.au

817/151 City Rd, Southbank

$338,000

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Lifestyle, Luxury and Location with a Light-Filled Layout

Standing out with designer style, this luxury-led 1 bedroom apartment is a spacious showcase of sophistication with everyday convenience ready to enjoy from your doorstep. Take an easy stroll to Crown, the arts precinct, MCG, the Royal Botanic Gardens, Melbourne Square Woolworths, riverside ...

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VIC 3006


1108/60 Kavanagh St, Southbank

$548,000

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Stunning Showpiece of Southbank Style in Northern Light

An idyllic mix of free-flowing space and resort-style indulgence, this stunning 2 bedroom, 2 bathroom apartment is layered with natural northern light inside prestigious Southbank Place. You couldnt wish for a more convenient address, so close to the best of Southbank. Walk to Melbourne Square ...

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VIC 3006


1009/81 City Rd, Southbank

$400,000

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Northern Sunlight Southbank Retreat with Work-from-Home Excellen

An exclusive illustration of unmatched quality, northern sunlight and designer detail, this immaculate 1 bedroom (plus study zone) apartment takes Southbank living to new heights. Set to impress in the prized Focus complex on the cusp of the city, venture downstairs from your 10th floor sanctuary ...

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VIC 3006


2107/39 Caravel La, Docklands

$485,000

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68sqm (approx) of Captivating Style & Space in the Nolan! ** In

Step into this exceptionally spacious one-bedroom residence, delivering the perfect blend of style, comfort, and captivating uninterrupted views. Generously proportioned at approximately 68 sqm, this impeccably maintained apartment is ideal for first-home buyers, savvy investors, or anyone seeking ...

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VIC 3008


2601/283 City Rd, Southbank

$430,000

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Elevated Corner Living with Panoramic City Views in the Heart of

• Striking two-bedroom corner residence with sweeping city views • Brand new carpet, paint and bathroom fixtures throughout • Light-filled open-plan living and dining framed by floor-to-ceiling glass • Spacious stone-topped kitchen with quality appliances and excellent ...

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VIC 3006


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