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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 2,175 investment properties found in Melbourne on realestateinvestar.com.au

1006/118 Kavanagh St, Southbank

$609,000

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Epic Style in a Peaceful Corner Setting

Stretching out in a coveted corner setting, this light-filled 2 bedroom, 2 bathroom apartment is enriched by open and commanding views over the neighbourhood. Take a high-speed lift downstairs from your 10th floor Epic retreat and stroll to South Melbourne Market, Crown, arts precinct vitality, ...

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Unit

VIC 3006


N/A, Port Melbourne

$1,240,000

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Spacious brand new 3-bedroom townhouse with premium finishes, ge

Arrange a private inspection today. Large and spacious, this beautifully finished 3-bedroom townhouse offers a refined blend of coastal calm and contemporary urban living in the heart of Port Melbourne. Thoughtfully crafted across 124sqm of internal space and a total of 195sqm, the home delivers ...

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Townhouse

VIC 3207


N/A, Port Melbourne

$1,275,000

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Modern 3-bedroom townhouse delivering refined living, premium cr

Arrange a private inspection today. Spacious and beautifully appointed, this completed 3-bedroom townhouse offers a refined balance of comfort, style and practical design within the highly sought-after Port Lane community. Spread across 124sqm of internal living and a total of 195sqm, the home ...

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Townhouse

VIC 3207


2401/555 Swanston St, Carlton

$425,000

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Spectacular Swanston Square Living with Stunning City Views

• Located on Level 24 with stunning city skyline views • Light-filled open-plan living and dining area • Floor-to-ceiling sliding doors opening to a private balcony • Carpeted bedroom fitted with mirrored built-in robes • Sleek kitchen with stone benchtop, ...

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Unit

VIC 3053


6/23 Cade Way, Parkville

$850,000

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Marvellous villa unit in the historic Royal Park Hospital & park

Privately nestled within the manicured grounds of the historic Royal Park Hospital, this marvellous villa unit has been custom-tailored for low maintenance living with 'house-like' proportions over one level. Successfully blending Edwardian elegance with refined modern style, it presents ...

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House

VIC 3052


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