MELBOURNE
Investor score
55
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
0.8%
rent real · price estimated
Annual growth
2.6%
modelled estimate
Vacancy rate
1.8%
modelled estimate
AI insights for MELBOURNE
Investment analysis, risks & comparisons
MELBOURNE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$3/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+1.7%
annual shift
Yield × growth index
1.7
combined signal
Net yield (est.)
1.28%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+4.3%
est. compound, long-run avg
10-yr growth (CAGR)
+6.0%
est. compound, long-run avg
Rental demand
51 / 100
Moderate demand
Supply pipeline
Est.2.6%
new dwellings approved / stock · Modelled estimate
Moderate supply
5-year price history
No price history available.
Market overview
MELBOURNE is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 0.8% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,306/wk
$75k taxable p.a.
Renters
75.2%
21.4% owner-occupier
Median age
28.0 yrs
Unemployment
3.0%
Population growth
+1.8% p.a.
Investor-owned
7.0%
of all dwellings (ATO)
Houses
30%
59% apartments
Degree qualified
44.1%
bachelor's or higher (ABS)
Work from home
38.0%
of employed residents (ABS Census)
Median lot size
220 m²
Compact block
Household size
2.5 persons
avg per dwelling (ABS Census)
Short-term rental
13.8%
Active STR market
Market activity
Distance to CBD
1.7 km
Inner city
Days on market
21 days
Fast-moving market
Auction clearance
65.1%
Strong demand
Walkability
89 / 100
Walker's paradise
Coastal proximity
6.6 km
Near coast
NBN technology
FTTPFastest — full fibre to premises
Population density
7,865/km²
Very dense urban
Schools in postcode 3000
🎓Secondary (1)
Ozford College
Independent · Yrs 10-12
⭐Special (2)
Victorian College For The Deaf
Government · Yrs U
Hester Hornbrook Academy
Independent · Yrs 10-12
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime7.8 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average3 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
46
/ 100
Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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