East Melbourne, VIC

Postcode 3002  ยท  Gov Data

Analyse Investment โ†’

Median Price

$3,363,000

+7.5% this year

Median Rent

$480/wk

$24,960/yr

Gross Yield

0.74%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
4,896
Median HH Income
$121,940/yr
Median Age
42
Renter %
66%
Owner-Occupied %
34%

Investment Snapshot

20% Deposit

$672,600

Monthly Mortgage (6.24%)

$18,701

Annual Rental Income

$24,960

Annual Mortgage Cost

$224,412

Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator โ†’

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Full Analysis โ†’

Price data from NSW Valuer General (VIC sales records). Demographics from ABS 2021 Census. Data is for general information only and does not constitute financial advice.