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Melbourne / VIC is a deep education, healthcare and professional-services market with strong inner-ring rental demand and a 2025 Victorian short-stay levy overlay. In the Australia beta page it should be read as a practical diligence market, not a headline destination: tenant depth, local regulation, exit liquidity and building-level permissions decide the outcome. Demand is mainly supported by Universities, Healthcare and life sciences, Corporate services, while the investor case is strongest as a selective buy-and-hold allocation. For Israeli buyers, the key is to verify title, bank/KYC, tax registration, local property management and STR legality before relying on gross yield. The row therefore uses conservative sourced fields and keeps unsupported STR yield cells null rather than inventing performance.

↔ Stable🇮🇱 Moderate Israeli Activity
Currency:
Price Range/m²AUD 8,518–AUD 11,515/m² (₪18,253–₪24,675/m²)
LTR Yield
STR Yield4.2%–4.8%
YoY Growth+5.3%
Flights from TLV

* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.

Local STR Rules — Melbourne

Victoria applies a short-stay levy and local/building permissions still control lawful STR operation.

Market Analysis — Melbourne

Key demand drivers and main investment risks

Demand Drivers

  • Universities
  • Healthcare and life sciences
  • Corporate services
  • Events and culture tourism

⚠️Key Risks

  • Apartment supply cycles
  • VIC short-stay levy
  • Foreign-buyer surcharges
  • Weak CBD-office spillover

🇮🇱 Notes for Israeli investors

Israeli familiarity exists but is not deep for Melbourne / VIC. Use local counsel and property management; do not assume direct TLV flight coverage or Hebrew-service depth unless the buyer verifies current airline schedules and provider capacity.

Properties in Melbourne

300 for sale·281 for rent

1
🏠
AUD 503K
Docklands
2 bd57
5.2%–5.5% STR
Listing
2
🏠
AUD 6.3M
Docklands
4 bd742
5.2%–5.5% STR
Listing
3
🏠
AUD 553K
Docklands
1 bd63
5.2%–5.5% STR
Listing
4
🏠
AUD 420K
Docklands
1 bd
5.2%–5.5% STR
Listing
5
🏠
AUD 370K
Docklands
1 bd
5.2%–5.5% STR
Listing
6
🏠
AUD 1.1M
Docklands
2 bd143
5.2%–5.5% STR
Listing
7
🏠
AUD 418K
Docklands
1 bd61
5.2%–5.5% STR
Listing
8
🏠
AUD 890K
Docklands
2 bd114
5.2%–5.5% STR
Listing
9
🏠
AUD 618K
St Kilda
2 bd
4.75%–6.67% STR
Listing
10
🏠
AUD 675K
St Kilda
2 bd
4.75%–6.67% STR
Listing
11
🏠
AUD 440K
St Kilda
1 bd
4.75%–6.67% STR
Listing
12
🏠
AUD 379K
St Kilda
1 bd39
4.75%–6.67% STR
Listing
13
🏠
AUD 1.2M
St Kilda
3 bd
4.75%–6.67% STR
Listing
14
🏠
AUD 930K
St Kilda
2 bd
4.75%–6.67% STR
Listing
15
🏠
AUD 3.4M
St Kilda
5 bd898
4.75%–6.67% STR
Listing
16
🏠
AUD 355K
St Kilda
1 bd42
4.75%–6.67% STR
Listing
17
🏠
AUD 615K
St Kilda
2 bd
4.75%–6.67% STR
Listing
18
🏠
AUD 605K
St Kilda
2 bd
4.75%–6.67% STR
Listing
19
🏠
AUD 710K
St Kilda
1 bd
4.75%–6.67% STR
Listing
20
🏠
AUD 483K
Docklands
1 bd
5.2%–5.5% STR
Listing
21
🏠
AUD 1.6M
Fitzroy
4 bd
4.44%–5.85% STR
Listing
22
🏠
AUD 510K
Southbank
1 bd
7%–7.22% STR
Listing
23
🏠
AUD 1.7M
Carlton
3 bd
6.5%–8.4% STR
Listing
24
🏠
AUD 303K
Carlton
2 bd
6.5%–8.4% STR
Listing
25
🏠
AUD 570K
Carlton
2 bd64
6.5%–8.4% STR
Listing
26
🏠
AUD 1.2M
Carlton
4 bd
6.5%–8.4% STR
Listing
27
🏠
AUD 525K
Carlton
2 bd
6.5%–8.4% STR
Listing
28
🏠
AUD 208K
Carlton
1 bd
6.5%–8.4% STR
Listing
29
🏠
AUD 1.7M
Richmond
2 bd245
4.4%–6.5% STR
Listing
30
🏠
AUD 735K
Fitzroy
2 bd
4.44%–5.85% STR
Listing
31
🏠
AUD 480K
Fitzroy
1 bd
4.44%–5.85% STR
Listing
32
🏠
AUD 1.6M
Fitzroy
2 bd91
4.44%–5.85% STR
Listing
33
🏠
AUD 420K
Docklands
1 bd
5.2%–5.5% STR
Listing
34
🏠
AUD 328K
Docklands
1 bd
5.2%–5.5% STR
Listing
35
🏠
AUD 645K
Docklands
2 bd101
5.2%–5.5% STR
Listing
36
🏠
AUD 380K
Docklands
1 bd
5.2%–5.5% STR
Listing
37
🏠
AUD 433K
Docklands
1 bd
5.2%–5.5% STR
Listing
38
🏠
AUD 360K
St Kilda
1 bd
4.75%–6.67% STR
Listing
39
🏠
AUD 620K
St Kilda
2 bd75
4.75%–6.67% STR
Listing
40
🏠
AUD 510K
St Kilda
1 bd
4.75%–6.67% STR
Listing
41
🏠
AUD 3.0M
St Kilda
10 bd854
4.75%–6.67% STR
Listing
42
🏠
AUD 388K
St Kilda
1 bd
4.75%–6.67% STR
Listing
43
🏠
AUD 645K
St Kilda
2 bd
4.75%–6.67% STR
Listing
44
🏠
AUD 780K
Carlton
2 bd
6.5%–8.4% STR
Listing
45
🏠
AUD 1.7M
Carlton
3 bd
6.5%–8.4% STR
Listing
46
🏠
AUD 460K
CBD
1 bd55
7.2%–7.2% STR
Listing
47
🏠
AUD 575K
Docklands
2 bd115
5.2%–5.5% STR
Listing
48
🏠
AUD 2.0M
Richmond
4 bd293
4.4%–6.5% STR
Listing
49
🏠
AUD 670K
Southbank
2 bd
7%–7.22% STR
Listing
50
🏠
AUD 450K
CBD
2 bd55
7.2%–7.2% STR
Listing
51
🏠
AUD 1.0M
CBD
2 bd93
7.2%–7.2% STR
Listing
52
🏠
AUD 415K
CBD
2 bd
7.2%–7.2% STR
Listing
53
🏠
AUD 620K
CBD
1 bd
7.2%–7.2% STR
Listing
54
🏠
AUD 760K
CBD
2 bd
7.2%–7.2% STR
Listing
55
🏠
AUD 483K
CBD
2 bd72
7.2%–7.2% STR
Listing
56
🏠
AUD 390K
CBD
2 bd
7.2%–7.2% STR
Listing
57
🏠
AUD 565K
CBD
2 bd88
7.2%–7.2% STR
Listing
58
🏠
AUD 500K
CBD
2 bd56
7.2%–7.2% STR
Listing
59
🏠
AUD 595K
CBD
2 bd
7.2%–7.2% STR
Listing
60
🏠
AUD 660K
Southbank
2 bd68
7%–7.22% STR
Listing
61
🏠
AUD 420K
Southbank
2 bd
7%–7.22% STR
Listing
62
🏠
AUD 708K
Southbank
2 bd
7%–7.22% STR
Listing
63
🏠
AUD 615K
Southbank
2 bd
7%–7.22% STR
Listing
64
🏠
AUD 920K
Southbank
3 bd105
7%–7.22% STR
Listing
65
🏠
AUD 1.1M
Southbank
2 bd146
7%–7.22% STR
Listing
66
🏠
AUD 760K
Southbank
2 bd72
7%–7.22% STR
Listing
67
🏠
AUD 1.4M
Southbank
3 bd
7%–7.22% STR
Listing
68
🏠
AUD 815K
Southbank
3 bd
7%–7.22% STR
Listing
69
🏠
AUD 405K
Southbank
1 bd51
7%–7.22% STR
Listing
70
🏠
AUD 620K
Southbank
2 bd
7%–7.22% STR
Listing
71
🏠
AUD 1.9M
Southbank
3 bd123
7%–7.22% STR
Listing
72
🏠
AUD 585K
Southbank
2 bd
7%–7.22% STR
Listing
73
🏠
AUD 893K
Southbank
3 bd
7%–7.22% STR
Listing
74
🏠
AUD 335K
Southbank
1 bd
7%–7.22% STR
Listing
75
🏠
AUD 2.1M
Carlton
5 bd
6.5%–8.4% STR
Listing
76
🏠
AUD 710K
Carlton
2 bd78
6.5%–8.4% STR
Listing
77
🏠
AUD 605K
Carlton
1 bd56
6.5%–8.4% STR
Listing
78
🏠
AUD 510K
Carlton
2 bd
6.5%–8.4% STR
Listing
79
🏠
AUD 3.9M
Carlton
3 bd195
6.5%–8.4% STR
Listing
80
🏠
AUD 265K
Carlton
1 bd
6.5%–8.4% STR
Listing
81
🏠
AUD 375K
Carlton
1 bd
6.5%–8.4% STR
Listing
82
🏠
AUD 665K
Carlton
2 bd
6.5%–8.4% STR
Listing
83
🏠
AUD 1.7M
Carlton
3 bd109
6.5%–8.4% STR
Listing
84
🏠
AUD 2.2M
Richmond
3 bd
4.4%–6.5% STR
Listing
85
🏠
AUD 1.1M
Richmond
2 bd
4.4%–6.5% STR
Listing
86
🏠
AUD 1.1M
Richmond
2 bd171
4.4%–6.5% STR
Listing
87
🏠
AUD 2.8M
Richmond
4 bd
4.4%–6.5% STR
Listing
88
🏠
AUD 2.3M
Richmond
3 bd184
4.4%–6.5% STR
Listing
89
🏠
AUD 908K
Richmond
2 bd
4.4%–6.5% STR
Listing
90
🏠
AUD 1.3M
Richmond
2 bd231
4.4%–6.5% STR
Listing
91
🏠
AUD 725K
Richmond
2 bd
4.4%–6.5% STR
Listing
92
🏠
AUD 2.1M
Fitzroy
3 bd
4.44%–5.85% STR
Listing
93
🏠
AUD 900K
Fitzroy
2 bd
4.44%–5.85% STR
Listing
94
🏠
AUD 2.9M
Fitzroy
3 bd167
4.44%–5.85% STR
Listing
95
🏠
AUD 2.6M
Fitzroy
3 bd116
4.44%–5.85% STR
Listing
96
🏠
AUD 1.3M
Fitzroy
2 bd80
4.44%–5.85% STR
Listing
97
🏠
AUD 605K
Fitzroy
2 bd66
4.44%–5.85% STR
Listing
98
🏠
AUD 1.1M
Docklands
3 bd227
5.2%–5.5% STR
Listing
99
🏠
AUD 840K
Docklands
2 bd94
5.2%–5.5% STR
Listing
100
🏠
AUD 2.6M
Docklands
4 bd331
5.2%–5.5% STR
Listing

Properties for Sale in Melbourne

Latest Listings

Showing 1–12 of 50 listings

2-Bed Villa in St Kilda
CASABROVA
realestate.com.au
AUD 829,500(₪1,773,812)

2-Bed Villa in St Kilda

St Kilda, Melbourne
21
villa
Source: realestate.com.au
View Listing
4-Bed Villa · 728 m² in St Kilda
CASABROVA
realestate.com.au
AUD 4,600,000(₪9,836,690)
AUD 6,319/m²

4-Bed Villa · 728 m² in St Kilda

St Kilda, Melbourne
44728
villa
Source: realestate.com.au
View Listing
4-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 9,350,000(₪19,994,141)

4-Bed Apartment in St Kilda

St Kilda, Melbourne
44
apartment
Source: realestate.com.au
View Listing
2-Bed Villa in St Kilda
CASABROVA
realestate.com.au
AUD 755,000(₪1,614,499)

2-Bed Villa in St Kilda

St Kilda, Melbourne
21
villa
Source: realestate.com.au
View Listing
2-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 610,000(₪1,304,432)

2-Bed Apartment in St Kilda

St Kilda, Melbourne
21
apartment
Source: realestate.com.au
View Listing
1-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 235,000(₪502,526)

1-Bed Apartment in St Kilda

St Kilda, Melbourne
11
apartment
Source: realestate.com.au
View Listing
2-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 520,000(₪1,111,974)

2-Bed Apartment in St Kilda

St Kilda, Melbourne
22
apartment
Source: realestate.com.au
View Listing
1-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 385,000(₪823,287)

1-Bed Apartment in St Kilda

St Kilda, Melbourne
11
apartment
Source: realestate.com.au
View Listing
2-Bed Apartment · 73 m² in St Kilda
CASABROVA
realestate.com.au
AUD 555,000(₪1,186,819)
AUD 7,603/m²

2-Bed Apartment · 73 m² in St Kilda

St Kilda, Melbourne
2273
apartment
Source: realestate.com.au
View Listing
2-Bed Apartment in St Kilda
CASABROVA
realestate.com.au
AUD 690,000(₪1,475,503)

2-Bed Apartment in St Kilda

St Kilda, Melbourne
21
apartment
Source: realestate.com.au
View Listing
3-Bed Villa in St Kilda
CASABROVA
realestate.com.au
AUD 1,650,000(₪3,528,376)

3-Bed Villa in St Kilda

St Kilda, Melbourne
33
villa
Source: realestate.com.au
View Listing
2-Bed Apartment · 54 m² in St Kilda
CASABROVA
realestate.com.au
AUD 455,000(₪972,977)
AUD 8,426/m²

2-Bed Apartment · 54 m² in St Kilda

St Kilda, Melbourne
2154
apartment
Source: realestate.com.au
View Listing

Yield by Neighborhood — Melbourne

Microzone investment comparison — CASABROVA

Microlayer
NeighborhoodPrice/m²STR YieldSTR Status
CBD
7.2%–7.2%N/A
Richmond
4.4%–6.5%N/A
Fitzroy
4.44%–5.85%N/A
St Kilda
4.75%–6.67%N/A
Carlton
6.5%–8.4%N/A
Docklands
5.2%–5.5%N/A
Southbank
7%–7.22%N/A

Yield and price ranges are internal AI-research estimates from public real-estate portals (Tranio, Investropa, Globes, etc.), refreshed quarterly. Not primary-source data.

Service Providers in Melbourne

Lawyers, brokers, property managers, contractors

View all providers

Market Review — Melbourne

Australia is a rule-of-law, high-credit market, but it is not a casual foreign-buyer market. Treat it as a counsel-led allocation: confirm FIRB eligibility, state surcharge taxes, bank appetite and vacancy-tax exposure before LOI.

The CASABROVA view is selective rather than broadly bullish. Sydney and Melbourne give institutional liquidity; Brisbane and Perth may offer better yield/entry trade-offs. Currency exposure sits in AUD, so an ILS-funded buyer should model FX separately from property yield.

For 2026, use Australia for capital preservation and tenant-quality exposure, not for easy leverage or STR optionality. If the asset depends on short-stay income, verify the state and municipal rules before pricing it.

Last updated: May 11, 2026

Discussions — Melbourne

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Important Legal Disclaimer

The information presented on CASABROVA is for general informational purposes only and does not constitute legal, financial, tax, or investment advice. This information is not binding and should not be relied upon as the basis for any decision. Before executing any transaction or investment in overseas real estate, consult with a qualified lawyer, accountant, tax advisor, and/or any other relevant professional in the relevant territory.

Tax, regulatory, and yield data change frequently. CASABROVA makes efforts to update information weekly from primary sources, but is not responsible for the accuracy of the information or for changes not yet reflected. All figures presented are indicative only.