3,097 Businesses For Sale in Melbourne VIC

Melbourne, the capital city of Victoria, is Australia's second-largest city and the economic and cultural heart of the country. Known for its diverse economy, vibrant arts scene, and multicultural community, Melbourne offers numerous opportunities for business owners and investors, with industries ranging from technology and education to manufacturing and retail.

Key demographic insights:

• Population: As of 2023, Melbourne has an estimated population of over 5 million residents.
• Age: The median age in Melbourne is 37 years.
• Income: The median weekly personal income in Melbourne is $1,050, which is above the national average.
• Real Estate: Approximately 65% of households are owner-occupied.
• Rental Income: The median weekly rent in Melbourne is $500, with approximately 35% of households renting.
• Cultural Diversity: Melbourne is one of the most multicultural cities in the world, with around 40% of residents born overseas, contributing to a rich cultural fabric and an internationally diverse consumer base.
• Education: Approximately 40% of residents aged 15 years and over hold a Bachelor’s degree or higher, supported by Melbourne’s world-class universities such as the University of Melbourne and RMIT University.
• Most Populated Suburbs: Melbourne CBD, Southbank, Fitzroy, Carlton, and Richmond, all of which are commercial and residential hubs. 
• Key Attractions: National Gallery of Victoria, the Melbourne Museum, Melbourne Cricket Ground (MCG) and the Australian Open.
• Growth: Melbourne’s population is expected to continue growing steadily, with the city experiencing annual increases of around 2% driven by infrastructure development, business investment, and its attractiveness as a global city.

These demographics make Melbourne an ideal location for business investment, with diverse industries, strong infrastructure, and a growing, vibrant population. To view more information and read the sources of this information, visit our helpful resources page.