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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 2,112 investment properties found in Melbourne on realestateinvestar.com.au

158/99 Whiteman St, Southbank

$590,000

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Supersized Entertainer with Picturesque Bay Views

A winning blend of wide-reaching space, a peaceful corner position and a breathtaking blue-water bay aspect, this captivating 2 bedroom (plus study) apartment is set to impress within striking distance of the CBD. Take a short walk to Crown, the riverside restaurants of Southbank Promenade, South ...

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Unit

VIC 3006


1108/462 Elizabeth St, Melbourne

$380,000

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Stunning 1B1B In The Heart of Melbourne CBD! Ideal for First Hom

FORGE is proud to present to you this one bedroom apartment in the Victoria One complex. Situated in the centre of Melbourne with its vast selection of restaurants, shops and cafes, this fresh and 11 floor apartment presents investors, professionals or first home buyers with an exciting lifestyle ...

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VIC 3000


2/206 New Quay Prom, Docklands

$649,000

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Prime Waterfront Position! (Current Leased $750 per week)

Been thinking about enjoying the cosmopolitan city fringe lifestyle? Heres your chance with this stunning apartment! Beginning with a large fitted bedroom that includes dual BIRs and access to the main bathroom fully equipped with stone top & luxurious fittings, 2nd bedroom or open study, laundry, ...

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Unit

VIC 3008


84 Bryant St, Flemington

$1,100,000

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Expanded elegance in a prized position

Owning a brilliant position high on Flemington Hill, this semi-detached home combined Victorian charm and contemporary flair to provide an absolutely brilliant city-fringe lifestyle opportunity. The picket-fenced garden and captivating facade make way for a luminous interior showcasing three ...

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House

VIC 3031


14 McIver Pl, Kensington

$700,000

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Low-maintenance living with inner-urban ease

A quiet cul-de-sac in the historic Newmarket Saleyards precinct provides the perfect setting for this tri-level townhouse offering a lifestyle of easy-living excellence or astute investment opportunity. Filled with natural light, the home's instantly appealing interior comprises three bedrooms ...

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Townhouse

VIC 3031


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