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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 2,295 investment properties found in Melbourne on realestateinvestar.com.au

N/A, Southbank

$1,291,000

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Resort Style living in Melbourne CBD!!!

Positioned within the Edition Residences at BLVD, this two-bedroom apartment offers a refined balance of design, comfort and value. With clean architectural lines, quality finishes and a practical layout, the home suits professionals, couples and buyers seeking a premium Southbank address without ...

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VIC 3006


N/A, Southbank

$2,654,000

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Those Who Refuse to Downsize Their Lifestyle or upgrade to the p

At this height, the city feels different. Set high within BLVD Southbank, this expansive three-bedroom residence offers 174 square metres of refined, house-like living, framed by uninterrupted skyline views and an unmistakable sense of elevation. Designed for those who refuse to compromise on ...

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VIC 3006


N/A, Southbank

$678,000

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Smart One-Bedroom in a Landmark Tower!!!

An exceptional opportunity to secure a stylish one-bedroom apartment within the iconic BLVD Southbank precinct. Designed for low-maintenance living, this residence offers smart proportions, quality finishes and access to world-class building amenities all in a location defined by lifestyle, ...

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Unit

VIC 3006


N/A, Southbank

$864,000

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Level 52 Prestige in Melbourne Square!!!

This residence is designed for the buyer who understands that property is more than shelter it is identity, positioning and future stability. Living here means waking up inside a postcode that carries weight. It means cafés within walking distance, infrastructure that supports daily life, and ...

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VIC 3006


N/A, Southbank

$1,549,000

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Stunning 3 Bedroom apartment with magnificent views on level 44!

Open plan living Floor to ceiling windows with complete views of Melbourne. A rare opportunity to secure a spacious three-bedroom apartment within the BLVD precinct, with select buyer incentives currently available. Offering strong proportions, practical design and excellent natural light, this ...

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VIC 3006


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