Victorian Suburb Profile
South Melbourne
Port Phillip LGA · VIC
Low yield
South Melbourne looks meaningfully stronger than the metro benchmark, led by units.
Median House
$1401k2025
Weekly Rent
$1,0002025
House Yield
3.0%-0.3pp vs state
Unit Yield
5.5%+0.6pp vs state
House Yield Trend2023 — 2025
202320242025
3.4% → 3.0%-0.4%
Data from 6 government sources
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Ask AI about South MelbourneData sourced from Victorian Valuer-General, DFFH Rental Report, Crime Statistics Agency Victoria, and Victorian State Budget Papers. Indicative only — not financial advice.