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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 $449,500 and this has changed -30.85% over the past year and changed 15.25% over 2 years.

The median rent in Melbourne for houses is $620 per week and the median rental yield is 7.17%. 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 NA days.The median listing price for units is $530,000 and this has changed 3.92% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $570 per week, producing a rental yield of 5.59%.

Supply & Demand in Melbourne, Melbourne

3.34%

Current vacancy rate


1,402

Rental stock available


47,288

Population


52.12%

Rental population


2.59%

Current vacancy rate


3,295

Rental stock available


135,965

Population


52.20%

Rental population


0.87%

Current vacancy rate


26,641

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 $449,500 NA $530,000
Median price change - last quarter -10.10% NA 0.00%
Median price change - 1 year -30.85% NA 3.92%
Median price change - 2 years 15.25% NA 7.07%
  House Townhouses Units
Median weekly rent $620 NA $570
Median yield % 7.17% NA 5.59%
Median rent change - 1 year 18.09% NA 16.32%
  House Units
Previous month sales 0 17
Stock on market previous month 16 1,099
Stock variance vs. last year 0.00% -4.52%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 1,059 investment properties found in Melbourne on realestateinvestar.com.au

3202/141 La Trobe St, Melbourne

$630,000

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High level of The Peak with stunning view

Vendor must sell ! Golden location in the heart of CBD The Peak is located in a prime location on the historic La Trobe Street. with convenient transportation, adjacent to the city's free tram loop, Victoria Library, Carlton Gardens, Central Railway Station and RMIT University. Allows you to enjoy ...

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Unit

VIC 3000


202/327 La Trobe St, Melbourne

$380,000

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Excellent Location, Great size, Convenience is the key.

This immaculate 2-bedroom, 1-bathroom apartment offers a truly elevated living experience. With unrivalled convenience and connectivity to cultural attractions, world-class shopping, entertainment, and dining options just a quick elevator ride away, this residence is the epitome of luxury and ...

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Unit

VIC 3000


1605/280 Spencer St, Melbourne

$350,000

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Next-Level Mondriane Luxury!

The Phone Code for this property is: 65027. Please quote this number when phoning or texting. Outgoings: $4,176 pa OC / $818 pa Council / $678 pa Water Rental: $400 pw / $1738 pcm Lease ends: 5th August 2024 A delightful blend of stylish luxury, updated comfort, and a vibrant city lifestyle awaits ...

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Unit

VIC 3000


1113/339 Swanston St, Melbourne

$300,000

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Well appointed with views

Welcome to this stunning 2 bedroom, 1 bathroom apartment located in the heart of Melbourne at 1113/339 Swanston St. This modern apartment offers a sleek and stylish design with high-quality finishes throughout. The property features a spacious living area, a well-appointed kitchen with modern ...

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2

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Unit

VIC 3000


707/339 Swanston St, Melbourne

$270,000

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Great opportunity

Welcome to this modern and stylish apartment located at 707/339 Swanston St in the heart of Melbourne. This property features 1 bedroom, 1 bathroom, and is perfect for those looking for a convenient urban lifestyle. The apartment is situated in a high-rise building with stunning architecture and ...

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1

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Unit

VIC 3000


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