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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 2,114 investment properties found in Melbourne on realestateinvestar.com.au

121/285 City Rd, Southbank

$450,000

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North-Facing Perfection with Stunning City Views

* Photos are virtually staged. Instantly inviting with breathtaking views towards the soaring city skyline, this north-facing 2 bedroom apartment makes a stunning statement in a central location, near tram station. Head downstairs and explore a vibrant neighbourhood favoured by choice with a short ...

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Unit

VIC 3006


250/88 Kavanagh St, Southbank

$370,000

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Low Maintenance Living, Spacious Sentinel Setting

Impeccably presented with blissful bay views on full display, this superbly spacious 1 bedroom apartment will instantly inspire with the amount of sunlit space. Head downstairs from your Southbank sanctuary and walk to Crown, the arts precinct, Southbank Library, riverside restaurants, local ...

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Unit

VIC 3006


2508/22-24 Jane Bell La, Melbourne

$750,000

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Exceptional Corner Apartment with Protected City Views

Positioned in the very heart of Melbourne's CBD, this exceptional two-bedroom corner apartment delivers the ultimate city lifestyle, with world-class dining, cafes, bars, and shopping just steps from your door. Quietly tucked away on Jane Bell Lane atop the popular QV precinct, the apartment ...

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Unit

VIC 3000


902s/889 Collins Street St, Docklands

$365,000

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Exceptional Investment Opportunity at 889 Collins Street

Enjoy the best of inner-city living or secure a savvy investment with this stylish one-bedroom apartment in the heart of Docklands. The north-facing balcony captures stunning views of the Melbourne city skyline and Victoria Harbour, soaking up beautiful winter sunlight. The light-filled living and ...

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Unit

VIC 3008


609/94 Stanley St, West Melbourne

$950,000

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Contemporary Elegance in The Heart of West Melbourne

This beautifully presented apartment 609 in The Marker, West Melbourne, offers a fantastic opportunity to secure a stylish and comfortable home in one of the city's most sought-after locations. Boasting an east-facing aspect, this residence is bathed in natural morning light, featuring a spacious ...

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Unit

VIC 3003


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