17 Jul 2025 10 Best South East Melbourne Suburbs for Property Investors in 2025
Melbourne’s property market remains strong in 2025, with house prices seeing a moderate growth, and a consistently rising population driving demand in the metropolitan area.
For property investors, one region in Melbourne has recently been gaining traction due to its infrastructure upgrades, reliable public transportation links, employment opportunities, and growing rental market demand: Melbourne’s south east region.
Suburbs in this area have been experiencing healthy capital growth forecasts and competitive rental yields. With easy access to community facilities, shopping centres and other major establishments, these south east suburbs are becoming a welcome alternative to those investors seeking opportunities outside the bustling central business district.
If you’re an investor looking to grow your portfolio, you’ve reached the right place! In this article, we will break down the top 10 south east Melbourne suburbs for property investing, including insights into what makes each location a good choice.
Unlock Your Investment Potential. Partner with our Melbourne mortgage brokers to secure a tailored loan for your South East Melbourne property purchase. Call EverLend today on 03 7036 3356 or visit www.everlend.com.au to schedule a free consultation.
10 South East Melbourne Suburbs for Property Investments
Glen Waverley
Glen Waverley is a premier Monash Council suburb known for its vibrant Kingsway dining precinct, The Glen Shopping Centre and strong transport hub status as the terminus of the Glen Waverley line (soon to interchange with SRL East).
Its leafy streets, quality schools and proximity to Monash Freeway underpin steady buyer demand and redevelopment potential. With a mix of established homes and modern townhouses, it attracts families and professionals seeking long-term capital growth.
- Median House Price: $1,705,266
- Rental Yields: Houses ~2.23%; Units ~3.77%
- Median Weekly Rent: $730 (house); $675 (unit)
- Population Growth Trends: +5.7%
- Key Infrastructures: Glen Waverley station (Glen Wav line terminus & SRL East interchange), The Glen SC, Kingsway precinct, Monash Fwy access
Mount Waverley
Mount Waverley blends established tree-lined streets with two shopping hubs, Mount Waverley Village and Pinewood, and offers premium access to Mount Waverley station on the Glen Waverley line.
Home to Waverley Private Hospital and top public and private schools, it experiences consistent demand from owner-occupiers and redevelopment of large block homes. Its steady population of 35,340 and proximity to Monash University boost rental appeal among students and professionals.
- Median House Price: $1,642,753
- Rental Yields: ~2.2% (house); ~3.2% (unit)
- Median Weekly Rent: $700 (house); $690 (unit)
- Population Growth Trend: +5.1%
- Key Infrastructures: Mount Waverley station, Mount Waverley Village SC, Pinewood SC, Waverley Private Hospital
Bentleigh
Bentleigh offers a bustling Centre Road shopping strip, two Frankston-line stations (Bentleigh & Patterson), plus parks and beaches within minutes.
Its strong family demographic, coupled with Patterson Road’s café precinct, sustains healthy rental demand and future land subdivision opportunities. Ongoing level crossing removals and bus upgrades enhance connectivity.
- Median House Price: $1,718,252
- Rental Yields: ~2.4% (house); ~4.5% (unit)
- Median Weekly Rent: $795 (house); $650 (unit)
- Population Growth: +10.8%
- Key Infrastructures: Bentleigh & Patterson stations (Frankston line), Centre Road strip, Halley Park, Allnutt Park
Get Pre-Approved with Confidence. Let our Melbourne mortgage brokers assess your financial position and secure pre-approval for your next investment loan in southeast Melbourne. Call 03 7036 3356 or visit www.everlend.com.au to learn more.
McKinnon
McKinnon is prized for its 1930s California bungalows, the revitalised McKinnon Road café strip and quick Frankston-line access. Close to Bentleigh East’s schools, parks and small-scale apartment infill, it appeals to both downsizers and young families seeking walk-to-station living.
Its strong rental demand and consistent capital growth make McKinnon a standout choice for property investors seeking reliable returns and long-term value.
- Median House Price: $1,830,000
- Rental Yields: 2.71% (house); 4.04% (unit)
- Median Weekly Rent: $880 (house); $660 (unit)
- Population Growth: +13.4%
- Key Infrastructures: McKinnon station (Frankston line), Neerim Rd café strip, bus 626, Wattle Grove & Allnutt parks
Beaumaris
Beaumaris offers seaside living along Port Phillip Bay, featuring scenic Ricketts Point Cliffs and expansive foreshore reserves, which draw both families and downsizers. The suburb benefits from Cheltenham station on the Sandringham line, frequent bus links and easy access via Bay Road.
Its high owner-occupier rate and premium detached housing stock support stable capital growth, while holiday-let potential boosts seasonal rental income. Consistent rental yields and lifestyle appeal make Beaumaris an attractive option for investors seeking long-term value.
- Median House Price: $2,004,000
- Median Unit Price: $1,325,000
- Rental Yields: ~2.7% (house); ~3.8% (unit)
- Median Weekly Rent: $995 (house); $685 (unit)
- Population Growth Trends: +4.5%
- Key Infrastructures: Ricketts Point Cliffs; Beaumaris Foreshore Reserve; Sandringham line (Cheltenham station); Royal Melbourne Golf Club
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Clayton South
Clayton South is often referred to by its Westall precinct and offers entry-level price points within the City of Kingston. The suburb straddles the Westall industrial precinct and Clayton campus of Monash University, fuelling rental demand from both students and workers.
Westall railway station on the Pakenham/Cranbourne lines delivers fast CBD commutes, while South Gippsland Highway and Westall Road support easy road access. Recent level-crossing removals and station upgrades enhance connectivity and underpin growth prospects.
- Median House Price: $949,599
- Rental Yields: Houses ~3.45%; Units ~5.77%
- Median Weekly Rent: $625 (houses); $500 (units)
- Population Growth Trends: +5.8%
- Key Infrastructures: Westall station (Pakenham/Cranbourne lines) Monash Medical Centre & Jessie McPherson Private Hospital
Keysborough
Keysborough lies within Greater Dandenong and is noted for its large-lot housing estates and family-friendly parks. Parkmore Shopping Centre, located on Cheltenham Road, anchors local amenities, while SmartBus routes and proximity to EastLink provide seamless access across Melbourne.
Emerging communities, such as Hidden Grove, are driving fresh development, appealing to both owner-occupiers and investors who are chasing growth potential. Affordable median prices paired with solid yields make Keysborough a value play in the south-east corridor.
- Median House Price: $965,866
- Rental Yields: Houses ~3.7%; Units ~4.8%
- Median Weekly Rent: $650 (houses); $620 (units)
- Population Growth Trends: +16.4%
- Key Infrastructures: Parkmore Shopping Centre, SmartBus on Springvale Road, bus routes 709/811/812/813
Streamlined Investment Loan Application Process. Trust our Melbourne mortgage brokers to manage the paperwork and streamline your investment loan application from start to finish. Call 03 7036 3356 or explore options at www.everlend.com.au.
Cranbourne
Cranbourne is a key growth area hub in the City of Casey, supported by a busy Pakenham/Cranbourne line station and major arterials like the South Gippsland Highway. The suburb hosts Cranbourne Park and Thompson Parkway Shopping Centre, alongside Casey Hospital and the Casey Fields sports precinct.
Strong population growth underpins ongoing housing developments, while entry-level median prices attract first-home buyers and investors alike. Moderate rental yields and upcoming infrastructure projects bolster long-term appeal.
- Median House Price: $661,000
- Rental Yields: Houses ~4.23%; Units ~4.9%
- Median Weekly Rent: $530 (houses); $450 (units)
- Population Growth Trends: +5.9%
- Key Infrastructures: Cranbourne station (Pakenham/Cranbourne lines), Cranbourne Park SC, Thompson Pkwy, Casey Hospital
Clyde North
Clyde North sits in the Casey growth corridor, characterised by master-planned estates such as Harpley and Amberton. It’s serviced by Officer and Beaconsfield stations on the Pakenham line, while the Princes Freeway upgrade improves road connectivity.
A rapid population surge, nearly 288% growth since 2016, fuels the development of new amenities, schools, and parks. Investors are drawn by affordable entry prices, solid rental returns and significant upside from ongoing development.
- Median House Price: $795,428
- Rental Yields: Houses ~4.2%
- Median Weekly Rent: $600 (houses); $550 (units)
- Population Growth Trends: +288.4%
- Key Infrastructures: Officer & Beaconsfield stations (Pakenham line), Shopping on Clyde
Seaford
Seaford combines a coastal lifestyle with affordability, boasting beaches, wetlands and foreshore reserves. The suburb is served by Seaford and Kananook stations on the Frankston line, providing direct access to the CBD.
Peninsula Link and the Frankston Bypass streamline road travel, while local parks and the Seaford Foreshore Reserve enhance lifestyle appeal. Steady population growth and a balanced rental market make Seaford a strong pick for those seeking stable returns and growth potential.
- Median House Price: $818,500
- Rental Yields: Houses ~3.7%; Units ~4.6%
- Median Weekly Rent: $595 (houses); $500 (units)
- Population Growth Trends: +4.6%
- Key Infrastructures: Seaford & Kananook stations (Frankston line) Peninsula Link freeway
Expert Lender Comparison. Our Melbourne mortgage brokers compare dozens of lenders to find the ideal investment loan structure and features tailored to your needs. Call us at 03 7036 3356 or go to www.everlend.com.au to schedule a free consultation.
Frequently Asked Questions (FAQs)
What is the best suburb in Melbourne to buy investment property?
Many investors point to Glen Waverley as the best suburb in Melbourne to buy investment property, thanks to its balanced property price, excellent public transport links, abundant recreational facilities, low vacancy rate, strong gross rental yield and lasting investment potential.
What suburbs will boom in Melbourne in 2025?
Look to emerging suburbs on the city’s fringe that are primed for price growth due to major infrastructure development and positive market trends. These areas combine lower median property prices with plentiful investment opportunities as the housing market expands.
Which Melbourne suburbs are going up in value?
Suburbs showing consistent price growth typically feature strong housing market fundamentals: reliable public transport, quality schools, diverse amenities and stable council rates. These factors drive housing prices and median house prices higher over time.
Which suburb is best to buy a house in Melbourne?
Mount Waverley often tops lists as the best suburb to buy a house in Melbourne, offering a mature real estate market, balanced property price and stamp duty advantages. Its public transport network and strong median rent further bolster its appeal for buyers.
What investment loans are available to property investors in Melbourne?
Property investors can choose from variable-rate or fixed-rate home loans, interest-only and principal-and-interest options, plus lines of credit for renovations. Melbourne mortgage brokers help structure each finance package around prevailing interest rates, council rates and your long-term real estate goals.
Final Thoughts
South East Melbourne suburbs offer a range of investment opportunities, from stable, school-zone enclaves to growth-area hotspots with strong vacancy-rate fundamentals and healthy gross rental yields. Whether you’re taking your first step into the housing market or growing an existing portfolio, understanding median house prices, infrastructure development, and market trends will help you spot the best fit for your goals.
Ready to turn insights into action? Chat with EverLend’s Melbourne mortgage brokers for a free consultation. Our brokers have access to a wide range of lenders, enabling you to choose the right investment loan, and can assist you throughout the loan application process. Call us on 03 7036 3356 or visit www.everlend.com.au to get started today.
