ROYAL MELBOURNE HOSPITAL
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
3.5%
rent real · price estimated
Annual growth
3.0%
modelled estimate
Vacancy rate
2.0%
modelled estimate
AI insights for ROYAL MELBOURNE HOSPITAL
Investment analysis, risks & comparisons
ROYAL MELBOURNE HOSPITAL 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
$610/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+2.3%
annual shift
Yield × growth index
3.3
combined signal
Net yield (est.)
1.46%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.3%
est. compound, long-run avg
10-yr growth (CAGR)
+6.0%
est. compound, long-run avg
Rental demand
48 / 100
Moderate demand
Supply pipeline
Est.2.5%
new dwellings approved / stock · Modelled estimate
Moderate supply
5-year price history
No price history available.
Market overview
ROYAL MELBOURNE HOSPITAL is a metropolitan VIC suburb with steady capital growth momentum and moderate rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 3.5% 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
$2,420/wk
$73k taxable p.a.
Renters
37.0%
57.3% owner-occupier
Median age
32.3 yrs
Unemployment
2.7%
Population growth
+1.5% p.a.
Investor-owned
27.5%
of all dwellings (ATO)
Houses
23%
59% apartments
Degree qualified
47.4%
bachelor's or higher (ABS)
Work from home
35.2%
of employed residents (ABS Census)
Median lot size
210 m²
Compact block
Household size
2.5 persons
avg per dwelling (ABS Census)
Short-term rental
13.7%
Active STR market
Market activity
Distance to CBD
1.7 km
Inner city
Days on market
25 days
Fast-moving market
Auction clearance
65.2%
Strong demand
Walkability
94 / 100
Walker's paradise
Coastal proximity
3.8 km
Near coast
NBN technology
FTTPFastest — full fibre to premises
Population density
7,580/km²
Very dense urban
Liveability & safety
Safety index
High crime7.8 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average2 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
45
/ 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
Properties in ROYAL MELBOURNE HOSPITAL
View listingsLocal professionals
Connect with agents and building inspectors who operate in ROYAL MELBOURNE HOSPITAL. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.
Sign in to contact local professionals
Create a free account to message agents and inspectors directly.
Premium feature
Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.
Upgrade to Premium