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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 $1,150,000 and this has changed -4.17% over the past year and changed -8.00% over 2 years.

The median rent in for houses is $680 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed 23.85% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $555,000 and this has changed 0.90% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $550 per week, producing a rental yield of 5.15%.

Supply & Demand in Melbourne

2.59%

Current vacancy rate


3,295

Rental stock available


135,965

Population


52.20%

Rental population


0.87%

Current vacancy rate


26,641

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 $1,150,000 $990,000 $555,000
Median price change - last quarter 4.54% 1.02% 0.81%
Median price change - 1 year -4.17% -10.00% 0.90%
Median price change - 2 years -8.00% -10.00% 2.77%
  House Townhouses Units
Median weekly rent $680 $750 $550
Median yield % 3.07% 3.93% 5.15%
Median rent change - 1 year 9.67% 11.11% 14.58%
  House Units
Previous month sales 46 45
Stock on market previous month 270 2,754
Stock variance vs. last year 23.85% 1.85%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 2,958 investment properties found in Melbourne on realestateinvestar.com.au

2011/228 Abeckett St, MELBOURNE

$560,000

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Unit

VIC 3000


410/67 Galada Ave, PARKVILLE

$335,000

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Unit

VIC 3052


1603/160 Victoria St, CARLTON

$410,000

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Unit

VIC 3053


2711/500 Elizabeth St, MELBOURNE

$560,000

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Unit

VIC 3000


416a/72 Ascot Vale Rd, FLEMINGTON

$680,000

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Unit

VIC 3031


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