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

703/182 Collins St, Melbourne

$390,000

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Paris-End Entertainer with a Stunning City Aspect

A rare opportunity on iconic Collins Street, this picture-perfect 1 bedroom apartment is a superb showcase of refined elegance in the top end of town. So close to every city indulgence you could imagine, walk to Chinatown eateries, free city trams, boutique shopping, Flinders Street trains, the ...

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Unit

VIC 3000


4408/318 Russell St, Melbourne

$538,000

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Lavish furnished Abode318 gem with stunning vistas

This spacious home is destined to capture the hearts of first home buyers and City professionals in Abode318, one of Melbourne's finest luxury apartment towers boasting 5-star facilities close to the finest shopping and dining that the city has to offer. Abundant morning sunshine streams into the ...

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2

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Unit

VIC 3000


1106/220 Spencer St, Melbourne

$270,000

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Inner-City Studio with Functional Layout

Located in the increasingly popular west side of Melbourne's CBD which gives you easy access to Flagstaff Gardens, Docklands, and Southern Cross Station, this stunning studio 11th floor apartment overflows with amazing modern flair. In the Hudson building which is part of the esteemed Upper West ...

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Unit

VIC 3000


2709/639 Lonsdale St, Melbourne

$430,000

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Immaculate Upper West Side Living with Superb Views

Commanding an enviable position directly opposite Southern Cross Station, with Spencer Outlet Centre, airport shuttles and major CBD tram routes at the doorstep, this sophisticated apartment offers exceptional lifestyle appeal and outstanding convenience for owner-occupiers and savvy investors ...

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2

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Unit

VIC 3000


N/A, Melbourne

$1,415,000

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Premium 2 Bedroom CBD Residence Ready 2029 with Elevated Lifesty

Rising gracefully in the heart of Melbourne CBD, this development is a sophisticated sanctuary redefining modern urban living. Scheduled for completion in 2029, this remarkable development presents a beautifully designed 2-bedroom, 2-bathroom residence with additional storage, offering a ...

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2

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Unit

VIC 3000


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