High-yield listings

High-Yield Properties for Sale in South Melbourne, VIC 3205: Advertised and Estimated Rents

0 with advertised rent, 12 estimated. Updated 27 Oct 2026, 6:01 PM AWST.

Listings
12
Estimated rents
12
Typical asking (these 12 listings)
$650,000

This page lists 12 homes for sale in South Melbourne, VIC 3205: 10 apartments or units and 2 townhouses or villas.

The asking prices of these 12 listings run from $500,000 to $1,547,000, and half are asking $650,000 or less.

None has an advertised rent: all 12 yields use an estimated rent from bond data, so check the actual rent with the agent.

Estimated gross yields here run from 3.2% to 6.5%.

Listings ranked by gross yield

Read how these yields are worked out.

  1. 513/85 Market Street

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    6.5% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $540,000. Estimated rent $680/wk.

    Last checked 27 Oct 2026

  2. 506/79 Market Street

    South Melbourne, VIC 3205

    Apartment · 2 bed · 1 bath

    6.3% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $565,000. Estimated rent $680/wk.

    Last checked 26 Oct 2026

  3. 411/39 Park Street

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    6.0% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $590,000. Estimated rent $680/wk.

    Last checked 25 Oct 2026

  4. 1205/338 Kings Way

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    5.7% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $625,000. Estimated rent $680/wk.

    Last checked 25 Oct 2026

  5. 917/259 Normanby Road

    South Melbourne, VIC 3205

    Apartment · 1 bed · 1 bath

    5.5% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 1-bed, 400 bonds, loaded Oct 2026)

    Asking $500,000. Estimated rent $533/wk.

    Last checked 19 Oct 2026

  6. 401/75 Palmerston Crescent

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    5.2% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $680,000. Estimated rent $680/wk.

    Last checked 25 Oct 2026

  7. 1105/338 Kings Way

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    5.2% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $675,000. Estimated rent $680/wk.

    Last checked 24 Oct 2026

  8. 204/58 Stead Street

    South Melbourne, VIC 3205

    Apartment · 2 bed · 2 bath

    5.0% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 2-bed, 468 bonds, loaded Oct 2026)

    Asking $710,000. Estimated rent $680/wk.

    Last checked 19 Oct 2026

  9. 2306/38 Albert Road

    South Melbourne, VIC 3205

    Townhouse · 3 bed · 2 bath

    4.5% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 3-bed, 69 bonds, loaded Oct 2026)

    Asking $1,100,000. Estimated rent $950/wk.

    Last checked 22 Oct 2026

  10. 33 Emerald Hill Place

    South Melbourne, VIC 3205

    Apartment · 1 bed · 1 bath

    4.4% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 1-bed, 400 bonds, loaded Oct 2026)

    Asking $625,000. Estimated rent $533/wk.

    Last checked 25 Oct 2026

  11. 1106/259 Normanby Road

    South Melbourne, VIC 3205

    Apartment · 1 bed · 1 bath

    3.6% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 1-bed, 400 bonds, loaded Oct 2026)

    Asking $780,000. Estimated rent $533/wk.

    Last checked 26 Oct 2026

  12. 105 Raglan Street

    South Melbourne, VIC 3205

    Townhouse · 3 bed · 2 bath

    3.2% estimated yield

    Estimated yield (rent from VIC bond median (DFFH), 3-bed, 69 bonds, loaded Oct 2026)

    Asking $1,547,000. Estimated rent $950/wk.

    Last checked 26 Oct 2026