Studio Apartments for Sale Melbourne: Price Watch

Studio apartments are gaining popularity across Melbourne as an affordable and flexible housing option. With compact layouts, central locations, and lower entry prices, these properties are ideal for first-home buyers, students, downsizers, and investors. Here’s a closer look at the current studio apartment market in Melbourne and what buyers need to know.

Studio Apartment Prices in Melbourne

The Melbourne market offers a wide range of studio apartments, with prices varying based on location, size, and building amenities.

• Entry-level studios start from as low as $150,000
• Mid-range options typically fall between $200,000 and $350,000
• Premium studios in high-demand locations such as Southbank or the CBD can reach up to $500,000

Despite fluctuations in the broader property market, studios remain a budget-friendly option with strong demand in rental and owner-occupier segments.

Best Suburbs to Buy a Studio in Melbourne

Melbourne’s most walkable and vibrant suburbs offer the highest concentration of studio apartments:

• Melbourne CBD: Perfect for city professionals and students, with great access to transport, - retail, and lifestyle
• St Kilda Road: Offers a mix of older and newer buildings, close to parks and the beach
• Southbank: Popular with renters and investors, known for its cultural attractions and riverside living
• Carlton and Fitzroy: Great for students and creatives, offering a unique mix of history and community

These suburbs combine lifestyle appeal with investment potential, especially near universities and transport hubs.

Rental Yield and Investment Appeal

Studio apartments in Melbourne often generate strong rental yields due to their affordability and popularity with singles, students, and young professionals. Median rental prices for studios in central Melbourne range from $450 to $550 per week, depending on the building and location.

With rising rental demand and low vacancy rates, studio apartments are a smart choice for investors looking to start or expand their portfolio.

How Coposit Helps Buyers Secure Studio Apartments

Coposit is an innovative property purchasing platform that allows buyers to secure a new home with just $10,000 upfront. Instead of paying the full deposit at once, buyers pay the remainder through weekly instalments during construction, interest-free. This model makes it easier for first-home buyers, downsizers, and investors to enter the market without taking out a traditional loan or saving a full deposit.

Many off-the-plan studio apartment projects in Melbourne are available through Coposit. These include new developments in suburbs like Carlton, Footscray, and Box Hill, offering affordable entry points with modern amenities and strong growth potential.