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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 2,149 investment properties found in Melbourne on realestateinvestar.com.au

703/33 Mackenzie St, Melbourne

$500,000

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Elegant Entertainer with Paris-End Perfection

Owning a coveted corner position, this sleek 2 bedroom, 2 bathroom apartment is a spectacular showcase of north-facing luxury, stunning city views, and unrivalled convenience in the prestigious Paris end of the city. Step outside and a peerless lifestyle is on display. Stroll to Carlton Gardens, ...

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Unit

VIC 3000


11/114 Hardware St, Melbourne

$610,000

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A modern slice of the CBD steps to the iconic Hardware Lane

In one of the CBD's most iconic lanes comes this desirable modern apartment which allows you to experience all the excitement of the city right at your doorstep! From the spacious central living zone to the smart 2-bedroom layout, this appealing abode has all your relaxed living bases covered in a ...

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VIC 3000


3806/200 Spencer St, Melbourne

$600,000

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Bay and River Views as Far as The Eye Can See

Immaculate 85sqm apartment located on the 38th floor in the popular Neo complex. Conveniently located across the road from Southern Cross station in the vicinity of Melbourne's legal precinct and within close proximity to Queen Victoria Market, Flagstaff Gardens, Carlton Gardens, Marvel Stadium, ...

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Unit

VIC 3000


1204/103 South Wharf Dr, Docklands

$800,000

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Impeccably Maintained, Move-In Ready Luxury with Panoramic Water

Presented in near-new, move-in ready condition, this impeccably maintained, owner-occupied apartment offers effortless luxury living in one of Yarra's Edge's most sought-after addresses. Positioned on Level 12 of the iconic Voyager Tower, this elegant two-bedroom, two-bathroom residence enjoys ...

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VIC 3008


604/557-561 Lt Lonsdale St, Melbourne

$300,000

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9%+ Yield on Proper 1 Bedroom with Balcony!

AMAZING VALUE for a proper 1 bedroom apartment! It will not be at this level for much longer. Now is the ideal time to invest in Melbourne CBD. This centrally located apartment offers an exceptional opportunity for both first-time buyers and savvy investors seeking a blend of affordability, ...

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Unit

VIC 3000


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