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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 2,220 investment properties found in Melbourne on realestateinvestar.com.au

205 Park Dr, Parkville

$1,700,000

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Landmark corner Victorian opposite Royal Park

On the curve of Park Drive, where European trees give way to the native gardens of Royal Park, this landmark Victorian residence holds a prominent corner position with its distinctive tuckpointed Hawthorn brick façade concealing a flexible double-storey interior rich with character and brimming ...

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House

VIC 3052


711/33 Rose La, Melbourne

$510,000

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Premier Living in Melbourne CBD

Welcome to this stunning 2-bedroom, 2-bathroom apartment located in the vibrant city of Melbourne. This modern and stylish property offers the perfect combination of luxury, convenience, and comfort, making it the ideal home for those seeking a sophisticated urban lifestyle. Step inside this ...

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Unit

VIC 3000


713/33 Rose La, Melbourne

$390,000

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Modern Elegance in a Prime Urban Location

Exuding elegance, style, and contemporary grandeur, this exquisite two-bedroom residence on the 7th floor of the prestigious 33 Rose Lane complex redefines luxury inner-city living. Meticulously crafted and flawlessly presented, this is a rare opportunity to experience elevated urban living in one ...

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Unit

VIC 3000


N/A, Melbourne

$935,000

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Large 2 Bedroom Apartment with Elegant Interiors, World-Class Am

FOR FIRST HOME BUYERS: GET INTO YOUR FIRST HOME FASTER WITH GOVERNMENT SUPPORT. YOU CAN BUY WITH A 5% DEPOSIT, NO LMI (LENDERS' MORTGAGE INSURANCE), AND NO STAMP DUTY*. FOR FINANCE ASSISTANCE & FREE CONVEYANCING, PLEASE CONTACT ON 0423814254. Nestled in the heart of Melbourne's CBD, this stunning ...

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Unit

VIC 3000


N/A, Melbourne

$950,000

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Large Spacious 2 Bedroom Apartment with Premium Finishes in Melb

FOR FIRST HOME BUYERS: GET INTO YOUR FIRST HOME FASTER WITH GOVERNMENT SUPPORT. YOU CAN BUY WITH A 5% DEPOSIT, NO LMI (LENDERS' MORTGAGE INSURANCE), AND NO STAMP DUTY*. FOR FINANCE ASSISTANCE & FREE CONVEYANCING, PLEASE CONTACT ON 0423814254. Nestled in the heart of Melbourne's CBD, this elegant ...

Get more info on this property
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Unit

VIC 3000


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