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Investment Property Flemington, VIC, 3031

Suburb Snapshot

Flemington is a suburb in the Melbourne Region of Victoria. Flemington has a population of 7,716 people and 51.26% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed 4.43% over the past year and changed 0.00% over 2 years.

The median rent in Flemington for houses is $630 per week and the median rental yield is 3.27%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 34 days.The median listing price for units is $387,500 and this has changed 0.64% over the past year. The average unit takes 146 days to sell and the median rent for a unit in Flemington is $430 per week, producing a rental yield of 5.77%.

Supply & Demand in Flemington, Melbourne

1.08%

Current vacancy rate


50

Rental stock available


7,716

Population


51.26%

Rental population


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


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Statistical data for Flemington, Melbourne

  House Townhouses Units
Median listing price $1,000,000 $899,000 $387,500
Median price change - last quarter -0.26% 0.00% 3.63%
Median price change - 1 year 4.43% 0.00% 0.64%
Median price change - 2 years 0.00% 0.00% -3.13%
  House Townhouses Units
Median weekly rent $630 $595 $430
Median yield % 3.27% 3.44% 5.77%
Median rent change - 1 year 0.00% 3.47% 0.00%
  House Units
Previous month sales 4 2
Stock on market previous month 17 40
Stock variance vs. last year 0.00% 5.26%
Average days on market 34 146

Flemington investment property listings

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