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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 2,274 investment properties found in Melbourne on realestateinvestar.com.au

28/2 Newmarket Way, Flemington

$590,000

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Expressions of Interest Closing Wednesday 29 April at 5pm

Impressive space both inside and out Tucked away in a uniquely quiet and convenient Flemington cul-de-sac, this ground-floor apartment in The Grange is set to make a lasting impression with its oversized floorplan, excellent presentation and delightful outdoors to enjoy. Step inside to find a ...

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VIC 3031


703/199 William St, Melbourne

$460,000

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Executive Luxury, Lifestyle and Location in the Legal Precinct

An affordable mix of low-maintenance luxury, seamless flow and light-filled allure, this impressive 2 bedroom, 2 bathroom (plus compact study) apartment will redefine the way you live with resort-style glamour matched with central convenience. Superbly placed in the heart of the city, simply ...

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VIC 3000


3002/33 Makenzie St, Melbourne

$520,000

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Sky-High Living with Stunning CBD Views in the Heart of Melbourn

Positioned on the 30th floor of a modern residential tower, this stylish apartment at 3002/33 Mackenzie Street, Melbourne offers an exceptional opportunity to enjoy vibrant inner-city living with breathtaking skyline views. Flooded with natural light through floor-to-ceiling windows, the open-plan ...

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VIC 3000


1/228 The Ave, Parkville

$500,000

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Expressions Of Interest, Closing Thursday 30 April at 5:00pm

An Address of Enduring Prestige Architectural Distinction Meets Parkside Living Nestled on the ground floor of an esteemed Parkville landmark, Residence No. 1 forms part of the acclaimed Arcadia Building, an enduring symbol of architectural distinction. Designed by renowned Fender Katsalidis ...

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VIC 3052


516/280 Albert St, East Melbourne

$670,000

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Eastbourne Prestige Opposite Fitzroy Gardens

- Generous bedroom with built-in robes. - Open living/dining flowing to a private balcony. - Sleek kitchen with Miele appliances and premium stone benches. - Sophisticated bathroom with Euro laundry integration. - Architectural landmark building with concierge, security and luxury amenities. - ...

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Unit

VIC 3002


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