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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 2,157 investment properties found in Melbourne on realestateinvestar.com.au

1802/109 Clarendon St, Southbank

$395,000

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Corner Stylish Retreat with Picturesque Port Phillip Bay Aspect

A breathtaking balance of light-filled luxury, a tranquil corner setting and a lifestyle location, this impeccable 2 bedroom apartment shares spectacular views over the bright blue waters of Port Phillip Bay. Venture downstairs and take an easy stroll to riverside restaurants, Crown, Woolworths, ...

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Unit

VIC 3006


N/A, West Melbourne

$2,000,000

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Townhouse: A Modern Architectural Masterpiece Blending Bauhaus E

Arrange an inspection today. Townhouse stands as a testament to modern living, where design meets functionality in the heart of Melbourne. Completed with precision, this townhouse offers a spacious 270-square-meter interior, embodying the essence of the Bauhaus philosophy. With 4 bedrooms, 2 ...

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Townhouse

VIC 3003


N/A, Southbank

$1,265,000

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Spacious 20th -Floor 3-Bedroom and 2-Bathroom Apartment with Lar

Arrange a private inspection today. Perched on the 20th floor, this stunning apartment offers breathtaking views and modern luxury in the heart of the city. With 3 spacious bedrooms, 2 elegantly designed bathrooms, and 2 secure car parks, it provides everything needed for comfortable urban living. ...

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Unit

VIC 3006


N/A, Southbank

$1,550,000

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3-Bedroom Apartment with Balcony, Resort-Style Amenities, Secure

Arrange a private inspection today. Step into resort-style luxury living with this brand-new, ready-to-move-in apartment at this prestigious development on the quiet end of Dorcas Street. Boasting 3 spacious bedrooms, 2 stylish bathrooms, and 2 secure car parks, this home offers 115 sqm of ...

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Unit

VIC 3006


13/2 Howlett St, Kensington

$690,000

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Modern two storey living with light filled spaces

Positioned in a convenient pocket near Newmarket Plaza and public transport, this two storey apartment offers a bright and low maintenance lifestyle suited to first home buyers and investors seeking comfort and practicality. The open plan living, dining and kitchen zone enjoys plenty of natural ...

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Unit

VIC 3031


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