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Investment Property Melbourne, VIC, 3000

Suburb Snapshot

Melbourne is a suburb in the Melbourne Region of Victoria. Melbourne has a population of 47,288 people and 52.12% of its occupants live in rental accommodation. The median listing price for houses is $644,500 and this has changed 43.38% over the past year and changed 5.48% over 2 years.

The median rent in Melbourne for houses is $530 per week and the median rental yield is 4.27%. Stock on the market for houses/townhouses has changed 85.71% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $500,000 and this has changed -5.67% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $590 per week, producing a rental yield of 6.13%.

Supply & Demand in Melbourne, Melbourne

2.97%

Current vacancy rate


1,294

Rental stock available


47,288

Population


52.12%

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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Melbourne, Melbourne

  House Townhouses Units
Median listing price $644,500 NA $500,000
Median price change - last quarter 7.41% NA 0.00%
Median price change - 1 year 43.38% NA -5.67%
Median price change - 2 years 5.48% NA -1.97%
  House Townhouses Units
Median weekly rent $530 NA $590
Median yield % 4.27% NA 6.13%
Median rent change - 1 year -11.67% NA 3.50%
  House Units
Previous month sales 0 76
Stock on market previous month 26 1,238
Stock variance vs. last year 85.71% 12.44%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 965 investment properties found in Melbourne on realestateinvestar.com.au

35/33 La Trobe St, Melbourne

$650,000

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Supersized City Gate Entertainer in the Prized Paris End of the

Immerse yourself in a wonderful sense of sunlit space inside and out this impressive 2 bedroom apartment with a highly valued Paris-end address. Head downstairs and simply stroll to Carlton Gardens greenery, the vibrant theatre district, free tram zone, Parliament trains, Queen Victoria Market, ...

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Unit

VIC 3000


505/591 Elizabeth St, Melbourne

$150,000

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Affordable City Style with High-Return Potential- Gross yield of

Moments from the best Melbourne has to offer, this fully furnished 1 bedroom student-accommodation apartment captures the very essence of a vibrant city lifestyle. Venture downstairs and take an easy stroll to Queen Victoria Market, the hospitals precinct, world-class universities, Lygon Street ...

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Unit

VIC 3000


1302/68 La Trobe St, Melbourne

$700,000

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Spectacular Corner Views in the Top End of Town

A stylish showpiece of cutting-edge class, this spacious 2 bedroom, 2 bathroom (plus large extensive study, previously used as 3rd bedroom by renters) apartment is a seductive slice of luxury in the Paris end of town. Set in a peaceful corner position inside coveted Concept Blue, make your way ...

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Unit

VIC 3000


3605/138 Spencer St, Melbourne

$520,000

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High-Floor Living with Stunning City Views in Iconic Premier Tow

Positioned high above the city in the iconic Premier Tower, this stylish apartment offers the ultimate Melbourne CBD lifestyle with breathtaking panoramic views and unbeatable convenience. Perfectly located opposite Southern Cross Station, this property provides seamless access to trains, trams, ...

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Unit

VIC 3000


2017/199 William St, Melbourne

$940,000

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Rejuvenated Family Sanctuary with Spectacular Panoramic Views

A captivating combination of vast space, sunlit style and the rare luxury of parking for 2 cars, this immaculate 3 bedroom, 2 bathroom apartment showcases unforgettable views in a highly valued city neighbourhood. Head downstairs and take an easy stroll to the legal precinct, Queen Victoria ...

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Unit

VIC 3000


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