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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 2,124 investment properties found in Melbourne on realestateinvestar.com.au

N/A, Melbourne

$4,930,000

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Brand New Ready To Move 3 Bedroom Penthouse in the heart of Melb

Arrange a private inspection today. This stunning north-west facing penthouse offers a spacious 193 sqm of modern living with 3 bedrooms, 3 bathrooms, and 2 carparks. Ideally positioned between Flagstaff Gardens and Carlton Gardens, residents can enjoy beautiful green spaces, scenic walking and ...

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3

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Unit

VIC 3000


N/A, Melbourne

$5,030,000

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Stunning Brand-New 3 Bedroom Penthouse with Luxury Finishes!

Arrange a private inspection today. This stunning north-east facing penthouse offers a spacious 192 sqm of modern living with 3 bedrooms, 3 bathrooms, and 2 carparks. Ideally positioned between Flagstaff Gardens and Carlton Gardens, residents can enjoy beautiful green spaces, scenic walking and ...

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3

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Unit

VIC 3000


N/A, Southbank

$1,130,000

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Large 2-Bedroom Luxury Apartment with Premium Finishes, Modern D

Experience modern city living at its finest in this elegant 2-bedroom, 2-bathroom apartment at prestigious development, Melbourne's tallest residential tower. With a total area of 72 square meters, this thoughtfully designed home offers the perfect balance of comfort, style, and convenience ideal ...

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Unit

VIC 3006


N/A, Southbank

$1,590,000

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Breathtaking Sky-High Luxury Living at Melbourne's Tallest Tower

Arrange a private inspection today. Experience the height of luxury with this completed and ready-to-move-in 3-bedroom, 2-bathroom apartment at this prestigious development, Melbourne's tallest residential tower. With an internal area of 124.5 square meters and an external area of 2.4 square ...

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Unit

VIC 3006


N/A, Southbank

$2,590,000

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Premium Residence Offering Expansive 3-Bedroom Luxury, Panoramic

Arrange an inspection today. Embrace refined living in this completed and ready-to-move 3-bedroom, 3-bathroom residence at the iconic development, Melbourne's tallest residential tower. Spanning an impressive 173 square meters, this home offers the perfect balance of luxury, functionality, and ...

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3

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Unit

VIC 3006


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