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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 2,155 investment properties found in Melbourne on realestateinvestar.com.au

3313/81 City Rd, Southbank

$800,000

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Designer Focus Style with Corner Privacy and a Breathtaking Aspe

A soaring showpiece of breathtaking bay and parkland views, this impeccable 2 bedroom, 2 bathroom apartment is set to inspire from a corner position in the resort-grade Focus complex. Venture downstairs from your 33rd floor sanctuary and the convenience is unrivalled. Take a short stroll to the ...

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Unit

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

$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

$1,549,000

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The 3-Bedroom CBD Apartment you can afford!!!

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 residence is ideal for both owner-occupiers and investors seeking long-term ...

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VIC 3006


N/A, Southbank

$2,654,000

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For Those Who Refuse to Downsize Their Lifestyle or upgrade to

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


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