Download your FREE reports now!

Investment Property East Melbourne, VIC, 3002

Suburb Snapshot

East Melbourne is a suburb in the Melbourne Region of Victoria. East Melbourne has a population of 4,960 people and 41.44% of its occupants live in rental accommodation. The median listing price for houses is $3,000,000 and this has changed -24.53% over the past year and changed 55.84% over 2 years.

The median rent in East Melbourne for houses is $1,100 per week and the median rental yield is 1.90%. Stock on the market for houses/townhouses has changed -38.10% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $727,500 and this has changed 20.24% over the past year. The average unit takes 97 days to sell and the median rent for a unit in East Melbourne is $600 per week, producing a rental yield of 4.28%.

Supply & Demand in East Melbourne, Melbourne

2.14%

Current vacancy rate


72

Rental stock available


4,960

Population


41.44%

Rental population


2.64%

Current vacancy rate


3,541

Rental stock available


135,965

Population


52.20%

Rental population


0.94%

Current vacancy rate


29,256

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 East Melbourne, Melbourne

  House Townhouses Units
Median listing price $3,000,000 NA $727,500
Median price change - last quarter 0.41% NA 0.34%
Median price change - 1 year -24.53% NA 20.24%
Median price change - 2 years 55.84% NA 4.67%
  House Townhouses Units
Median weekly rent $1,100 $865 $600
Median yield % 1.90% NA 4.28%
Median rent change - 1 year 7.31% 0.00% 5.26%
  House Units
Previous month sales 1 5
Stock on market previous month 13 52
Stock variance vs. last year -38.10% -16.13%
Average days on market 120 97

East Melbourne investment property listings

0 found properties in East Melbourne on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States