South Melbourne, VIC
Postcode 3205 ยท Gov Data
Median Price
$1,630,000
-13.4% this year
Median Rent
$421/wk
$21,892/yr
Gross Yield
1.34%
Below average
Recent Sales
0
last 24 months
Demographics (ABS 2021)
- Population
- 11,548
- Median HH Income
- $109,252/yr
- Median Age
- 39
- Renter %
- 74%
- Owner-Occupied %
- 26%
Investment Snapshot
20% Deposit
$326,000
Monthly Mortgage (6.24%)
$9,064
Annual Rental Income
$21,892
Annual Mortgage Cost
$108,768
Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator โ
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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.