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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 2,122 investment properties found in Melbourne on realestateinvestar.com.au

1808/1 Balston St, Southbank

$400,000

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Ultimate Southbank Entertainer with Northeast-Facing Excellence

A sun-drenched showpiece of inner-city luxury, this spacious 1 bedroom (plus fitted study zone) apartment will elevate the way you live with the best of Southbank on your doorstep and all the attractions of the CBD on your radar. Head downstairs and take a short walk to Crown, riverside ...

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VIC 3006


2E/131 Lonsdale St, Melbourne

$335,000

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Updated Glamour in the Top End of Town!

Instantly inviting with an ultra-modern makeover of true distinction, this stylish 1 bedroom apartment delivers unrivalled convenience in the top end of town. Take full advantage of a prestigious Paris-end address with Chinatown eateries, laneway cafes and bars, QV shopping, free city trams, ...

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VIC 3000


158/99 Whiteman St, Southbank

$590,000

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Supersized Entertainer with Picturesque Bay Views

A winning blend of wide-reaching space, a peaceful corner position and a breathtaking blue-water bay aspect, this captivating 2 bedroom (plus study) apartment is set to impress within striking distance of the CBD. Take a short walk to Crown, the riverside restaurants of Southbank Promenade, South ...

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Unit

VIC 3006


1101/138 Spencer St, Melbourne

$600,000

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Premier Tower | Luxury Living in the Heart of Melbourne CBD

FORGE is proud to present to you this two bedrooms two bathrooms apartment in Premier Tower complex. Situated in the centre of Melbourne with its vast selection of restaurants, shops and cafes, this apartment presents investors, professionals or first home buyers with an exciting lifestyle ...

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VIC 3000


1108/462 Elizabeth St, Melbourne

$380,000

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Stunning 1B1B In The Heart of Melbourne CBD! Ideal for First Hom

FORGE is proud to present to you this one bedroom apartment in the Victoria One complex. Situated in the centre of Melbourne with its vast selection of restaurants, shops and cafes, this fresh and 11 floor apartment presents investors, professionals or first home buyers with an exciting lifestyle ...

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VIC 3000


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