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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 4.16% 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 7.04% 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 -0.91% 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

2.64%

Current vacancy rate


3,541

Rental stock available


135,965

Population


52.20%

Rental population


0.94%

Current vacancy rate


29,256

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% 1.01% -0.91%
Median price change - 2 years 4.16% -9.10% 0.00%
  House Townhouses Units
Median weekly rent $700 $795 $580
Median yield % 2.91% 4.13% 5.48%
Median rent change - 1 year 2.94% 6.00% 5.45%
  House Units
Previous month sales 70 349
Stock on market previous month 289 3,050
Stock variance vs. last year 7.04% 10.75%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 1,981 investment properties found in Melbourne on realestateinvestar.com.au

9/8 Mawbey St, KENSINGTON

$499,000

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2

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Unit

VIC 3031


2002/1 Freshwater Pl, SOUTHBANK

$650,000

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Unit

VIC 3006


10 Wellington St, FLEMINGTON

$1,000,000

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2

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0

House

VIC 3031


9/179 George St, EAST MELBOURNE

$825,000

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2

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1

Unit

VIC 3002


9/110 Albert St, EAST MELBOURNE

$1,250,000

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2

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2

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1

Townhouse

VIC 3002


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