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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 830 investment properties found in Melbourne on realestateinvestar.com.au

1111/565 Flinders St, Melbourne

$360,000

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Chic Urban Living with Balcony & City Views

Featuring a bright and spacious open-plan living and dining area with heating and cooling, this home flows effortlessly onto a large private undercover balcony perfect for relaxing or entertaining. The modern stone kitchen comes complete with stainless steel appliances, including a dishwasher and ...

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1

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Unit

VIC 3000


1710/648 Lonsdale St, Melbourne

$650,000

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Near-New Modern Apartment in Melbourne's Premier CBD Location

Completed just over a year ago, this sleek two-bedroom, two-bathroom residence delivers contemporary urban living in the landmark West Side Place development one of Melbourne's most prestigious new addresses. Features: Two spacious bedrooms with built-in robes and floor-to-ceiling glazing Two ...

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2

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Unit

VIC 3000


6012/639 Little Lonsdale St, Melbourne

$835,000

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Sky-High Poise | North- West Facing Garden Outlook + Dual Carpar

Floating high on Level 60 at the crown of West Side Place Tower B, Residence 6012B is a calm, light-washed sanctuary with a timeless garden outlook across Flagstaff Gardens and West of Melbourne. Designed for effortless everyday living, the ~75m² (approx.) floor-plan draws northern sun through ...

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2

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Unit

VIC 3000


1205/648 Lonsdale St, Melbourne

$600,000

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North-Facing West Side Place Retreat with Work-from-Home Luxury

Sunlit, spacious and superbly set with the best of the city on your doorstep, this north-facing 1 bedroom (plus full-sized study) apartment is the perfect match for first home owners and keen investors. Venture downstairs from your luxury-led West Side Place retreat and indulge yourself with a ...

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1

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1

Unit

VIC 3000


1406/80 Abeckett St, Melbourne

$419,000

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Modern comfort meets unprecedented city convenience

Located in the coveted MY80 complex with the renowned RMIT University literally a stone's throw away, this modern 2-bedroom apartment will be cause for celebration. Stunningly appointed and with wonderful space, this truly is a dream for city dwellers who want to be in the thick of the action. ...

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Unit

VIC 3000


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