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Investment Property Melbourne, VIC

Region Snapshot

Melbourne is a region in Victoria, Australia. Melbourne has a population of 135,965 people and 52.20% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 8.69% over the past year and changed 8.69% over 2 years.

The median rent in for houses is $700 per week and the median rental yield is 2.91%. Stock on the market for houses/townhouses has changed 5.16% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $550,000 and this has changed 0.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melbourne is $580 per week, producing a rental yield of 5.48%.

Supply & Demand in Melbourne

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

  House Townhouses Units
Median listing price $1,250,000 $1,000,000 $550,000
Median price change - last quarter 0.00% -4.77% 0.00%
Median price change - 1 year 8.69% 1.11% 0.00%
Median price change - 2 years 8.69% -8.05% 0.00%
  House Townhouses Units
Median weekly rent $700 $790 $580
Median yield % 2.91% 4.10% 5.48%
Median rent change - 1 year 1.44% 5.33% 5.45%
  House Units
Previous month sales 38 261
Stock on market previous month 265 2,973
Stock variance vs. last year 5.16% 6.18%
Average days on market NA NA

Melbourne investment property listings

Showing 5 of 3,322 investment properties found in Melbourne on realestateinvestar.com.au

175/100 Kavanagh St, Southbank

$635,000

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Spacious Layout in a Northeastern Corner Setting

Showcasing space, style and sunlit sophistication in a central Southbank setting, this wide-reaching 2 bedroom, 2 bathroom apartment is set to inspire from a northeastern corner position in the tightly held Victoria Tower complex. Head downstairs and the convenience is unrivalled. Take an easy ...

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Unit

VIC 3006


710/53 Batman St, West Melbourne

$260,000

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Free-Flowing Size will Surprise on the Edge of the City

A serene showcase of city-edge luxury, this low-maintenance 1 bedroom apartment sets the bar high for value, luxury and lifestyle allure. Embrace the tranquillity of a prized West Melbourne address with the lively CBD a matter of footsteps away! Take a short walk to Flagstaff Gardens greenery, ...

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Unit

VIC 3003


99/99 Whiteman St, Southbank

$765,000

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Sunlit, Spacious and Stylish with Striking City and Bay Views

An impeccable blend of sunlit style, family-sized space and a serene corner setting, this vast 3 bedroom, 2 bathroom apartment highlights the soaring city skyline in glowing northern light. Venture downstairs and the best of Melbourne is ready to be explored from your doorstep. Take a short stroll ...

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Unit

VIC 3006


41/99 Whiteman St, Southbank

$690,000

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Sleek Retreat with Breathtaking City Views

A stunning showcase of the soaring city skyline, this impeccable 2 bedroom, 2 bathroom, 2 balcony apartment highlights a captivating world of spacious style, glowing northern light and seamless indoor/outdoor flow over an impressive 90sqm (approx.). Explore your new city-edge neighbourhood with an ...

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Unit

VIC 3006


265/100 Kavanagh St, Southbank

$650,000

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Ultimate Southbank Entertainer in a Tranquil Corner Position

A light-filled blend of vast space, quality finish and picturesque views, this captivating 2 bedroom, 2 bathroom apartment spreads out 26 floors high in a coveted corner position. Elevate your expectations every day in a city-edge neighbourhood with unrivalled convenience. Take a short walk to ...

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Unit

VIC 3006


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