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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 2,138 investment properties found in Melbourne on realestateinvestar.com.au

905/1 Balston St, Southbank

$380,000

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Spacious Luxury with Work-from-Home Allure

Standing out nine floors high in the ultra-modern Southbank Central complex, this stylish 1 bedroom (plus compact study) apartment sets the bar high for luxury, comfort and a dynamic lifestyle on your doorstep. Take a high-speed lift downstairs and walk to Woolworths, the arts precinct, Crown, ...

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VIC 3006


703/182 Collins St, Melbourne

$390,000

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Paris-End Entertainer with a Stunning City Aspect

A rare opportunity on iconic Collins Street, this picture-perfect 1 bedroom apartment is a superb showcase of refined elegance in the top end of town. So close to every city indulgence you could imagine, walk to Chinatown eateries, free city trams, boutique shopping, Flinders Street trains, the ...

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Unit

VIC 3000


2201/151 City Rd, Southbank

$900,000

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Sunlit Family-Sized Entertainer with Stunning Views

A flawless illustration of family-sized space, this captivating 3 bedroom, 2 bathroom, 2 car-park corner apartment maximises northern light, exudes quality, and is wonderfully enriched by the work-from-home luxury of a compact open study. Venture out from your sunlit sanctuary and enjoy a short ...

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Unit

VIC 3006


4408/318 Russell St, Melbourne

$538,000

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Lavish furnished Abode318 gem with stunning vistas

This spacious home is destined to capture the hearts of first home buyers and City professionals in Abode318, one of Melbourne's finest luxury apartment towers boasting 5-star facilities close to the finest shopping and dining that the city has to offer. Abundant morning sunshine streams into the ...

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VIC 3000


2303S/889 Collins St, Docklands

$1,250,000

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A Statement Penthouse of Scale, Status & Absolute Waterfront Lux

Rising above Victoria Harbour in a commanding penthouse position, this extraordinary residence represents the pinnacle of waterfront apartment living. Offering the largest floorplan in 889 Collins Street, this is a home designed for those who refuse to compromise on space, privacy or prestige, ...

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Unit

VIC 3008


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