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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 2,253 investment properties found in Melbourne on realestateinvestar.com.au

83/1 Riverside Qy, Southbank

$840,000

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Stylish Riverside Apartments Retreat with Renovated Allure

An impeccably presented blend of far-reaching flow, detailed quality and a city-edge locale, this fully renovated 2 bedroom, 2 bathroom (plus fitted study zone) apartment will instantly inspire in the prestigious Riverside Apartments complex. Venture downstairs and walk to riverside restaurants, ...

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VIC 3006


6003/35 Queensbridge St, Southbank

$1,400,000

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Sky-High Roomy Prima Tower Luxury with Stunning City and Water V

A sky-high celebration of Prima Tower prestige, this superbly spacious 3 bedroom, 2 bathroom apartment will energise every day with commanding views of magnificent Melbourne at every turn. Investors will appreciate the CBD convenience, downsizers and families can purchase without compromising on ...

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VIC 3006


1600/180 City Rd, Southbank

$648,000

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Spacious Entertainer with Southbank One Luxury, Lifestyle

A captivating blend of exceptional finish, sleek design and unsurpassed convenience, this stylish 2 bedroom, 2 bathroom apartment is enriched by the best of Melbourne ready to explore from your doorstep. Head downstairs and simply stroll to a boutique FoodWorks next door, Melbourne Square ...

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VIC 3006


405/41 Batman St, West Melbourne

$385,000

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Executive Excellence, Position Perfect

A perfect match for owner-occupiers and a golden opportunity for investors, this affordable 2 bedroom apartment will elevate the way you live with city convenience an everyday highlight. Find everything you need within walking distance of the CBD, world-class universities, Flagstaff Gardens, ...

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VIC 3003


1303/70 Lorimer St, Docklands

$1,190,000

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Sale By Set Date - 22nd April @ 5.30pm (if not sold prior)** The

What truly sets this apartment apart is its unique floorplan, exclusive to this residence within the building. The layout was thoughtfully redesigned by removing a wall and relocating the kitchen, creating a far more open and spacious living environment that enhances both functionality and ...

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Unit

VIC 3008


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