Melbourne Investment Property ListingsDiverse city with active demandand stable pricing

Real Estate in Melbourne

Melbourne: Australia’s Cultural Capital and Property Investment Powerhouse

Melbourne, the second-largest city in Australia, is globally recognized for its vibrant culture, diverse population, top-ranked universities, and consistently high quality of life. It serves as the capital of Victoria and plays a central role in the country’s finance, arts, education, and technology sectors. The real estate market in Melbourne is one of the most dynamic in the Asia-Pacific region, offering stable growth, high rental demand, and strong long-term capital appreciation — making it a preferred destination for both local and international property investors.

Types of Property in Melbourne

Melbourne’s real estate landscape is highly diversified, catering to a wide range of investor profiles and lifestyle preferences:

• Inner-city apartments: High-rise and boutique flats in the CBD, Docklands, and Southbank, popular with professionals and students
• Heritage homes: Victorian and Edwardian houses in areas like Carlton, Fitzroy, and Parkville
• Suburban family homes: Detached properties with gardens in suburbs such as Camberwell, Glen Waverley, and Essendon
• Townhouses and villas: Medium-density housing in gentrifying neighborhoods and growth corridors
• Student accommodation: Purpose-built or converted units near universities like the University of Melbourne and RMIT
• Commercial real estate: Offices, retail outlets, and warehouses in the central and outer business districts

Melbourne’s well-planned zoning system allows for a balance between urban density, green spaces, and long-term development — making it investor-friendly.

Foreign Ownership and Legal Framework

Australia allows foreigners to purchase property under specific conditions. The key requirements include:

• Foreign Investment Review Board (FIRB) approval: Mandatory for all foreign nationals before purchase
• New property rule: Foreigners are generally allowed to buy newly built or off-plan properties, not existing resale homes (with few exceptions)
• Fees and taxes: FIRB application fees, stamp duty, and annual vacancy tax may apply to foreign buyers

VelesClub Int. assists with the entire compliance process, including legal guidance, FIRB applications, and liaison with certified property developers to ensure eligibility and smooth execution.

Property Prices and Market Trends

Melbourne’s real estate market is known for long-term price stability and periodic growth cycles. As of 2025:

• City center apartments: AUD 9,000–12,000 per square meter
• New suburban apartments: AUD 6,000–8,500/m² depending on location
• Detached houses in inner suburbs: AUD 1.3M–2.5M+
• Outer suburbs houses: AUD 650,000–1.2M
• Student units: AUD 350,000–700,000 near universities

Rental yields vary by property type and location. In 2024–2025, apartments typically yield 3.5%–5% gross, while townhouses and suburban homes can reach up to 6%, especially when leased to families or students.

Why Invest in Melbourne?

Melbourne continues to attract foreign investment for a range of economic, demographic, and lifestyle reasons:

• Population growth: One of the fastest-growing urban centers in Australia, projected to overtake Sydney by 2035
• Educational magnet: More than 300,000 international students annually fuel demand for rentals and city-center housing
• Diverse economy: Strong in finance, biotech, IT, education, and logistics — reducing exposure to sector-specific volatility
• Infrastructure investment: Projects like Metro Tunnel, airport rail, and suburban revitalization drive future value

Investment scenarios include:

• Off-plan apartment acquisition: To benefit from early pricing, FIRB compliance, and modern design standards
• Student housing: Reliable demand from both domestic and international students
• Buy-and-hold strategy: Long-term appreciation in well-established suburbs
• Commercial leasing: Offices or retail space for SMEs or franchises

Top Investment Suburbs and Districts

Melbourne’s neighborhoods are distinct, with varied appeal and investment profiles. Some high-potential districts include:

• Carlton and Parkville: Academic hubs near major universities, strong demand for 1–2 bedroom units
• Southbank and Docklands: Prime high-rise apartment zones with riverside views and city amenities
• Brunswick and Fitzroy: Trendy, gentrifying inner-north neighborhoods with cultural flair and strong rental turnover
• Glen Waverley and Box Hill: Suburbs with high-performing schools and strong Asian buyer interest
• Werribee and Tarneit: Rapidly growing western suburbs, ideal for long-term appreciation and family housing

City Infrastructure and Livability

Melbourne boasts world-class infrastructure — an integrated tram, train, and bus network, two major airports, and upcoming megaprojects like the North East Link and Suburban Rail Loop. The city ranks high globally for livability due to its safety, healthcare, education, green space, and cultural offerings.

It is home to leading hospitals, global companies, major sporting events, and an inclusive lifestyle that appeals to young professionals, retirees, families, and digital nomads. Multilingual communities and international schools make it a top choice for long-term migrants and investors alike.

Residence and Visa Options for Investors

Buying property alone does not grant residency in Australia. However, investors may qualify for residence through structured visa programs, such as:

• Business Innovation and Investment Visa (subclass 188): For high-net-worth individuals starting or investing in businesses in Australia
• Significant Investor Visa: Requires AUD 5 million+ invested in compliant assets, not directly into residential real estate

VelesClub Int. cooperates with migration agents and legal advisors to align your investment with long-term residence or citizenship goals where feasible.

How to Buy Property in Melbourne

1. Get FIRB approval: Required for all foreign buyers unless exempt

2. Select property type: Preferably off-plan or new developments for foreign compliance

3. Work with accredited agents: VelesClub Int. connects you with vetted developers and legal teams

4. Sign contract and pay deposit: Typically 10% upon exchange

5. Secure financing: Foreign buyers may qualify for 50–70% LTV mortgages from select lenders

6. Complete settlement: Usually 6–18 months for off-plan; ownership registered with the Victorian Land Registry

7. Set up property management: Rent, furnish, or resell with our local partner support

Why Work with VelesClub Int. in Melbourne

Melbourne’s real estate market is highly regulated and competitive. VelesClub Int. ensures full transparency and strategic access — from off-market project selection to legal compliance and investment structuring. We help you navigate FIRB rules, taxes, and developer negotiations while providing on-ground services for leasing, resale, or management. Whether you're acquiring your first Australian asset or expanding your global portfolio, we ensure safe, data-driven decisions tailored to your goals.

Conclusion

Melbourne remains one of the most attractive cities in