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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 2,292 investment properties found in Melbourne on realestateinvestar.com.au

N/A, Southbank

$2,595,000

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Premium Residence Offering Expansive 3-Bedroom Luxury, Panoramic

Arrange an inspection today. Embrace refined living in this completed and ready-to-move 3-bedroom, 3-bathroom residence at the iconic development, Melbourne's tallest residential tower. Spanning an impressive 180 square meters, this home offers the perfect balance of luxury, functionality, and ...

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3

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Unit

VIC 3006


N/A, Southbank

$3,690,000

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Luxurious North-Facing Penthouse on Level 97 with Stunning Views

Arrange a private inspection. Elevate your lifestyle to new heights with this magnificent penthouse on level 97, boasting an expansive 202-square-meter floorplan and captivating north-facing views. Nestled within Australia 108, the tallest residential marvel in the Southern Hemisphere, you'll find ...

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3

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Unit

VIC 3006


N/A, Southbank

$1,510,000

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Luxury Living at Melbourne's Tallest Tower Ready-to-Move 3-Bedr

Arrange a private inspection today. Experience the height of luxury with this completed and ready-to-move-in 3-bedroom, 2-bathroom apartment at this prestigious development, Melbourne's tallest residential tower. With an internal area of 124.5 square meters and an external area of 2.4 square ...

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Unit

VIC 3006


7102/228 La Trobe St, Melbourne

$730,000

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Light-Filled City Living with a Distinctive Curved Design I Gros

Positioned high above the city within a contemporary residential tower, this thoughtfully designed two-bedroom apartment offers a refined balance of comfort, functionality and inner-city convenience. Defined by its distinctive curved façade and efficient internal layout, the residence is well ...

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Unit

VIC 3000


3801/100 Harbour Esp, Docklands

$1,490,000

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Amazing & Spectacular Living at Its Finest

Commanding breathtaking, uninterrupted views as far as the eye can see, this expansive three-bedroom residence on level 38 delivers an undeniable WOW factor for discerning buyers. Positioned in a prized "dress circle" setting, this sophisticated inner-city haven offers the ultimate in executive ...

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Unit

VIC 3008


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