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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 2,152 investment properties found in Melbourne on realestateinvestar.com.au

2209/231 Harbour Esp, Docklands

$450,000

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North Facing With Floorboards Throughout!

Boasting stunning Northwest facing views and impressing with an elegance and modern class that The Quays complex is renowned for, this brilliant one bedroom apartment is sure to deliver everything you need. As you step inside, you are greeted by an open-plan layout that seamlessly connects the ...

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VIC 3008


3006/31 ABeckett St, Melbourne

$380,000

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Perfectly Positioned - Close RMIT, Melbourne University & QV Mar

Perched high on the 30th floor of the popular A'Beckett Tower and right opposite RMIT City Campus and in the heart of Melbourne CBD, Apartment 3006 is now available for its new owner. Comprising a flexible floor plan with open plan living and meals, two good sized bedrooms, both with BIRs, stylish ...

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VIC 3000


6/18 Byron St, North Melbourne

$440,000

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Oversized North Facing Beauty in Boutique Block

Enjoying a brilliant northern orientation in superb Rothe Lowman designed boutique block, this larger than usual freshly updated apartment provides secure and substantial contemporary living in a low maintenance setting. Expansive open plan living areas are distinguished by new carpets and adjoin ...

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VIC 3051


1515/480 Collins St, Melbourne

$247,000

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HUGE 10% RETURN - WITH OWNER OCCUPATIUON AVAILABLE IN 2028...

Tenanted until February 2028 to Oaks Hotel, enjoy the benefits of a secure lease with the option to occupy thereafter. This is an oversized North facing executive studio serviced apartment measuring approximately 30 sqm. Situated on the15th floor of the renowned 'Oaks on Collins' building, the ...

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VIC 3000


912/33 City Rd, Southbank

$320,000

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Great Views, Top Position - Extinguish the lease with just 90 Da

This impressive apartment is situated on Level Nine offering a quiet South/Easterly aspect with views toward Melbourne's Arts Centre and beyond to the MCG. This is a one-bedroom apartment measuring 53 square meters. Recently refurbished, the apartment offers a generous bedroom with built in robes, ...

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Unit

VIC 3006


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