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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 2,227 investment properties found in Melbourne on realestateinvestar.com.au

412/673 La Trobe St, Docklands

$620,000

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Convenience and Space

This larger than average 2-bedroom apartment is conveniently located to everything that makes city living a breeze. Being located on the fourth floor, the elevator ride to your front door is almost instant and your oversized parking spot is the very first one that you come to when you enter the ...

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VIC 3008


90 Dudley St, West Melbourne

$680,000

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RARE OVERSIZED APARTMENT ON THE CITY FRINGE WITH MIXED USE ZONIN

A rare opportunity exists to secure this large and very funky apartment, perfectly positioned directly opposite Flagstaff Gardens and moments from the CBD. Delivering an impressive sense of space, the home features a huge open-plan lounge and dining area enhanced by soaring high ceilings and an ...

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VIC 3003


901/87 Franklin St, Melbourne

$600,000

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Sun-Filled Northeast Corner Loft Apartment with Ultimate City Co

Perfectly positioned on Level 9 of the highly sought-after Franklin Lofts, this impressive northeast corner, two-bedroom loft-style residence delivers contemporary city living at its finest. Spanning two thoughtfully designed levels and bathed in abundant natural light, it combines style, comfort, ...

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VIC 3000


1605/31 Abeckett St, Melbourne

$380,000

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Contemporary and Chic CBD Oasis Facing North

Experience breathtaking city skyline views in this designer 2-bedroom apartment, elevating CBD living to new heights. Perched on the 16th floor of the luxury A'Beckett Tower, you'll be within walking distance of universities, Melbourne Central, QV shopping, popular cafes, free city trams, Queen ...

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VIC 3000


810/288 Adderley St, West Melbourne

$1,480,000

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Gadsden Apartments A luxurious slice of West Melbourne

Setting a soaring bar for quality, luxury, and space in West Melbourne, this sublime residence in 'Gadsden Apartments' is an unmissable opportunity! Flawless in its modern presentation and delivering breathtaking views including of the famed Melbourne city skyline, this 3 bedroom, 2 bathroom, 2 ...

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Unit

VIC 3003


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