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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 2,148 investment properties found in Melbourne on realestateinvestar.com.au

2609/601 Little Lonsdale St, Melbourne

$420,000

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Spacious Market Entry with Work-from-Home Convenience

A breathtaking blend of premium quality, designer luxury and an exclusive city neighbourhood, this impeccable 1 bedroom (plus full-sized study) apartment unfolds in sunlit style with the best of Melbourne ready to access from your doorstep. Explore laneway cafes, popular restaurants, a brand-new ...

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VIC 3000


31/161 Sturt St, Southbank

$430,000

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Radiant Retreat in a Sought-After Southbank Setting

Easy to love, exceptional to live in, and effortless to rent out, this north-facing 1 bedroom apartment showcases a free-flowing floorplan with size to surprise. Welcome to a special Southbank neighbourhood celebrated for convenience, amenity, and arts precinct vibrancy. Simply stroll to the NGV, ...

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Unit

VIC 3006


506/408 Spencer St, West Melbourne

$600,000

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Unsurpassed Executive Excellence, Unmatched City Convenience

A stunning showpiece of Parkhill prestige, this designer 2 bedroom, 2 bathroom apartment is inspired, inviting and irresistible all at once. Set to impress on the very edge of the city, take a short stroll to Flagstaff Gardens greenery, Queen Victoria Market, Errol Street cafes, Aldi shopping, ...

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Unit

VIC 3003


21 Hobsons Bay Pde, Port Melbourne

$1,800,000

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Expressions of Interest Closing Monday 23rd of February at 5pm

Refined Family Living in a Coveted Beacon Cove Setting Quietly tucked away within the heart of Beacon Cove, this beautifully renovated three bedroom residence offers a rare sense of privacy, space, and calm, framed by leafy green outlooks and moments from the bay. It is a home that feels instantly ...

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House

VIC 3207


267 Princes St, Port Melbourne

$1,195,000

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A parkside cottage with lovely light

Opposite the playground reserve, this appealing two bedroom weatherboard Victorian provides the ideal balance of old and new. Enjoying pressed metal ceilings in the spacious main bedroom, this single level delight features a charming living and dining area with wood burning fireplace and exposed ...

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House

VIC 3207


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