Suburb Profile

Rent Yield in East Melbourne

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$484,056$4434.76%$432,500$4154.99%133
2$1,000,872$6713.49%$800,000$6003.90%105
3$2,560,000$9671.96%$2,000,000$9002.34%34
4$4,107,500$1,5751.99%$4,107,500$1,3001.65%7
5-$1,700--$1,700-1
6-$2,995--$2,995-1
House
1-$299--$299-1
2-$700--$700-1
3-$883--$900-3
4$5,020,000$1,3751.42%$5,020,000$1,3001.35%4
6-$2,995--$2,995-1
Unit/apmt
1$405,667$4696.01%$395,000$4155.46%64
2$821,875$7054.46%$750,000$6004.16%52
3$2,840,000$1,0351.90%$2,840,000$9931.82%10
4-$2,750--$2,750-1
Apartment
1$315,000--$315,000--1
Other
1$595,000$3172.77%$595,000$3202.80%5
2$1,567,500--$1,450,000--6
Unknown
1$530,444$4254.17%$445,000$4204.91%62
2$508,925$6356.49%$525,000$5655.60%46
3$2,000,000$9532.48%$2,000,000$8752.28%21
4$3,195,000$1,0001.63%$3,195,000$1,0001.63%2
5-$1,700--$1,700-1

Crime Rate of Melbourne

Crime TypeRate of MELBOURNERate of VIC
Crime Against Property17,4934,607
Crime Against the Person3,456940
Drug Offences1,506311
Other Crime5,129875
Total27,5846,733
Note: East Melbourne belongs to city Melbourne. Crime rate means the number crimes per 100,000 population.

Demographics of East Melbourne

PopulationSizeEast MelbourneMelbourne
All People53063366613
Country of OriginEast MelbourneMelbourne
Australian Born75%65%
Born Overseas - Top 5East MelbourneMelbourne
United Kingdom7%5%
New Zealand3%1%
India1%1%
Malaysia1%1%
China1%1%
Median household incomeEast MelbourneMelbourne
Weekly income$1,989$1,333
Age StatisticsEast MelbourneMelbourne
20 to 3942%33%
40 to 5928%28%
60+18%17%
5 to 197%14%
0 to 45%7%
Family Statistics - Top 5East MelbourneMelbourne
Married44%51%
Never Married40%33%
Divorced7%7%
Widowed5%6%
Separated3%3%
Religion - Top 5East MelbourneMelbourne
Catholic29%33%
No Religion26%19%
Anglican23%16%
Uniting Church6%5%
Presbyterian and Reformed4%3%
Occupation - Top 5East MelbourneMelbourne
Professionals18%8%
Managers and Administrators7%4%
Associate Professional7%5%
Intermediate Clerical/Sales/Service6%7%
Advanced Clerical and Service Workers4%2%
Education - Top 5East MelbourneMelbourne
Not Attending (Working)81%73%
University or other Tertiary Institution10%5%
Technical or Further Education2%3%
Other Education2%1%
Secondary Education2%7%
Transport to Work - Top 5East MelbourneMelbourne
Car (driver)18%28%
Walked10%1%
Ferry/tram5%1%
Worked at home3%2%
Car (passenger)3%3%
Type of Dwelling - Top 3East MelbourneMelbourne
Flat62%14%
Semi/Terrace24%8%
Separate house5%74%
Nature of Occupancy - Top 3East MelbourneMelbourne
Rented53%24%
Fully Owned24%43%
Purchasing11%27%
Monthly Loan Repayment - Top 5East MelbourneMelbourne
$1,500+55%9%
$800-$99911%19%
$1,200-$1,3999%7%

Supply Demand History in East Melbourne

MonthSupplyDemand
2015 Apr245009
2015 May265267
2015 Jun195060
2015 Jul255794
2015 Aug244993
2015 Sep264838
2015 Oct244005
2015 Nov315461
2015 Dec233345
2016 Jan224718
2016 Feb305668
2016 Mar275542
2016 Apr285829

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

East Melbourne, VIC 3002
(1.84 km to CBD)

Surrounding Suburbs

Closest Train Station

Jolimont Station 0.68 km

Selected Demographics of East Melbourne

  • 1746 Number of House
  • 6902 Number of Unit
  • 5306 Number of People
  • 36 Median Age
  • 1.8 Median Household Size
  • $415 Weekly Rent
  • $1,164 Weekly Individual Income
  • $2,695 Weekly Family Income
  • $1,989 Weekly Household Income
  • $3,655,000 Median Asking Price
  • $795 Median Rent
  • 0.01% Rent Yield
  • 15 Stock On Sale
  • 1.73% Vacancy Rate
  • 27 Average Supply
  • 5638 Average Demand
  • 207.52 Supply Demand Ratio

Leading Agencies (Sale)

Caine Real Estate - East Melbourne 26%

Harcourts City Residential - Melbourne 11%
Biggin & Scott - Richmond 6%
RT Edgar - Toorak 5%
Dingle Partners - Melbourne 4%
Kay & Burton - South Yarra 4%
Jellis Craig Bennison Mackinnon - Armadale 3%
Hocking Stuart - (Richmond) Pty Ltd 3%
Jellis Craig Bennison Mackinnon - RICHMOND 2%
Nelson Alexander Real Estate - Fitzroy 2%

Leading Agents (Rent)

Agent NamePercentage
Caine Real Estate - East Melbourne22%
Dingle Partners - Melbourne13%
Biggin & Scott - Richmond8%
RUN Property - Hawthorn/Richmond6%
Hocking Stuart - (Richmond) Pty Ltd3%
Harcourts City Residential - Melbourne3%
Leasing Melbourne - Melbourne2%
Williams Batters - South Yarra2%
Beller Real Estate - Prahran2%
Kay & Burton - South Yarra1%