Melbourne Median PriceThe House price is 1% higher than last year. Surrounding suburbsAlbert Park | $2,267,600 ![](/img/down.gif) | Carlton | $1,396,000 ![](/img/down.gif) | Cremorne | $1,323,300 ![](/img/down.gif) | Docklands | $1,487,200 ![](/img/up.gif) | East Melbourne | $3,052,500 ![](/img/up.gif) | North Melbourne | $1,326,300 ![](/img/down.gif) | Parkville | $1,881,400 ![](/img/up.gif) | Prahran | $1,627,600 ![](/img/down.gif) | Richmond | $1,454,900 ![](/img/up.gif) | South Melbourne | $1,638,200 ![](/img/down.gif) | South Yarra | $1,883,300 ![](/img/up.gif) | Southbank | $946,700 ![](/img/white.gif) | St Kilda | $1,605,200 ![](/img/down.gif) | West Melbourne | $1,376,000 ![](/img/down.gif) | Windsor | $1,461,700 ![](/img/down.gif) |
| Map | Nearby prices | Property Description: | Not suitable for owner occupiers but a no brainer for the savviest of investors Features include; Functional kitchen with spacious living area. Reverse cycle heating and cooling, huge sparkling bathroom with room for laundry. Recently refurbished and currently returning $1138 Net per month and securely leased to OAKS on Market till 2016 with four x 5 year options there after. This will be a great little money spinner year after year with 5% rental increases every second year and market review at the start of each term, Oaks pays all regular outgoings (Owners corp./Council/Water) An easy addition or a great start to any smart portfolio. | Search neighbour's planning permit | Property report from Government |
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