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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 2,274 investment properties found in Melbourne on realestateinvestar.com.au

1712/63 Whiteman St, Southbank

$475,000

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Northwest-Facing Entertainer with a Soaring City Skyline Outlook

Showcasing spectacular city views, this sleek 1 bedroom (plus full-sized study) apartment enjoys surprising serenity in a sought-after Southbank precinct. Head downstairs and embrace a lifestyle location like no other with the CBD just footsteps away! Take an easy walk to riverside restaurants, ...

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VIC 3006


2217/220 Spencer St, Melbourne

$628,000

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Stunning City Showpiece in a Corner Setting with Stunning Views

A masterful mix of quality finishes, a free-flowing floorplan and breathtaking water views, this impeccable 2 bedroom, 2 bathroom, 2 balcony apartment will instantly inspire in a commanding corner position. Enjoy a sunlit sanctuary on the 22nd floor, and endless options on your doorstep. Simply ...

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VIC 3000


701/123 Pelham St, Carlton

$420,000

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BRAVO - Vacant and North Facing

Set high on level seven of the sought-after BRAVO Apartments, this exceptional corner apartment delivers an abundance of natural light, space and lifestyle appeal in one of Carlton's most vibrant pockets. With a prized direct north-facing orientation, the home is flooded with sunlight throughout ...

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VIC 3053


1107/8 Waterview Walk, Docklands

$690,000

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Sunlit Corner Apartment with Elevated Park Outlooks

Positioned in a prized corner setting, this stylish two-bedroom, two bathroom residence at 1107/8 Waterview Walk delivers an exceptional lifestyle opportunity defined by light, space, and convenience. Bathed in abundant natural light thanks to its desirable corner position, the apartment showcases ...

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VIC 3008


N/A, Southbank

$880,000

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Melbourne Square Brand new 2 Bedroom Apartment in Melbourne Squa

An excellent opportunity to secure a modern 2-bedroom apartment in the highly sought-after Melbourne Square precinct through a nomination sale, offering a streamlined pathway into one of Southbank's most recognised developments. Designed for contemporary inner-city living, this residence features ...

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VIC 3006


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