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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 2,146 investment properties found in Melbourne on realestateinvestar.com.au

4G/9 Waterside Pl, Docklands

$500,000

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Urban Waterfront ยท Refined Elegance

Exuding understated sophistication and architectural finesse, this magnificent residence in the award-winning Concavo building redefines modern luxury on Melbourne's waterfront. Set against the shimmering backdrop of Victoria Harbour, it perfectly balances urban vibrance with serene, contemporary ...

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Unit

VIC 3008


3301/590 Lygon St, Carlton

$320,000

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Super-sized one bedroom home - Vacant and ready for moving in!

Superbly positioned in the bustling heart of Carlton, this outstanding opportunity invites savvy buyers to secure a stylish, low-maintenance, king-sized one-bedroom apartment within a tightly held low-rise complex. Set on the top floor and beautifully presented throughout, this home is the ideal ...

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Unit

VIC 3053


5 Glance St, Flemington

$1,000,000

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First glance and you'll know this is the one

Set to impress with its period charm and quality updates, this freestanding Victorian home delivers an instantly appealing lifestyle with tremendous scope to further enhance and expand (STCA) all in a leafy cul-de-sac with close proximity to the best of Flemington. The attractive facade makes way ...

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House

VIC 3031


2705/442 Elizabeth St, Melbourne

$390,000

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Modern 1BR in Iconic Light House - Approx. 8% Return

Welcome to Light House - 442 Elizabeth Street, Melbourne An iconic address defined by its vibrant multi-coloured façade and resort-style luxury, Light House sets a new benchmark for contemporary city living. Perched high on the 27th floor, this unique 1-bedroom apartment showcases intelligent ...

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Unit

VIC 3000


407/77 Hobsons Rd, Kensington

$485,000

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Sensationally spacious 'Riverside' living

Celebrated for its modern design and premium resident amenities, this impressive apartment in the coveted 'Riverside' complex delivers a standout lifestyle of comfort and convenience. Offering 2 bedrooms, 1 bathroom, a car space and storage cage, it's the ideal city-fringe retreat. Your open-plan ...

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Unit

VIC 3031


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