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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 2,250 investment properties found in Melbourne on realestateinvestar.com.au

123/173 City Rd, Southbank

$630,000

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Spacious, Stylish and Central in the Perfect Position

A wide-reaching celebration of free-flowing space, this captivating 2 bedroom, 2 bathroom apartment offers sunlit Southbank living at its most engaging. Head downstairs from your 12th floor retreat and stroll to the CBD, riverside restaurants, Crown, Melbourne Square Woolworths, Boyd Community ...

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Unit

VIC 3006


1310/41 Batman St, Melbourne

$380,000

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Affordable, Great Location, Ready to Move in!

Conveniently located next to Flagstaff Gardens & Flagstaff Train Station, Queen Victoria Market, Spencer Outlet Centre, Airport shuttle bus and passing CBD trams. This generously proportioned apartment will ideally suit both investors and future owner occupiers. Apartment comprises: . Stunning ...

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Unit

VIC 3000


2208n/883 Collins St, Docklands

$650,000

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Stunning Two-Bedroom Waterfront Apartment with Breathtaking View

This exceptional residence showcases the pinnacle of luxury living, featuring a contemporary open-plan design that effortlessly combines a spacious living and dining area. Floor-to-ceiling windows bathe the interior in natural light and open onto a generous balcony, offering stunning water and ...

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Unit

VIC 3008


807/33 Batman St, West Melbourne

$460,000

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Light-Filled City Living with Stunning Views in Prime West Melbo

Positioned on the 8th floor, this stylish two-bedroom apartment at 807/33 Batman Street offers the perfect blend of comfort, convenience, and inner-city living. Bathed in natural light, both bedrooms enjoy bright, airy outlook, an increasingly rare find in apartment living. The thoughtfully ...

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VIC 3003


lot 67 ( 607 )/47 Lonsdale St, Melbourne

$210,000

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Brick and Mortar investment offering a brilliant 9.7% return

Positioned in the heart of Melbourne's vibrant CBD, this exceptional investment opportunity at 47 Lonsdale Street offers the ultimate "set and forget" asset for the astute investor. Securely leased to a hotel operator with a strong annual income of approx $20,481.48*, the property benefits from a ...

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VIC 3000


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