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Investment Property Melville, WA

Region Snapshot

Melville is a region in Western Australia, Australia. Melville has a population of 98,078 people and 20.56% of its occupants live in rental accommodation. The median listing price for houses is $975,000 and this has changed 8.45% over the past year and changed 19.04% over 2 years.

The median rent in for houses is $700 per week and the median rental yield is 3.73%. Stock on the market for houses/townhouses has changed -28.86% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $575,000 and this has changed -3.37% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $550 per week, producing a rental yield of 4.97%.

Supply & Demand in Melville

0.54%

Current vacancy rate


250

Rental stock available


98,078

Population


20.56%

Rental population


0.62%

Current vacancy rate


7,457

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Melville

  House Townhouses Units
Median listing price $975,000 $585,000 $575,000
Median price change - last quarter 4.27% 1.73% 0.96%
Median price change - 1 year 8.45% 8.33% -3.37%
Median price change - 2 years 19.04% 17.00% 0.96%
  House Townhouses Units
Median weekly rent $700 $575 $550
Median yield % 3.73% 5.11% 4.97%
Median rent change - 1 year 16.66% 25.00% 22.22%
  House Units
Previous month sales 4 0
Stock on market previous month 520 152
Stock variance vs. last year -28.86% -27.27%
Average days on market NA NA

Melville investment property listings

Showing 5 of 698 investment properties found in Melville on realestateinvestar.com.au

23/22 Windelya Rd, MURDOCH

$675,000

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House

WA 6150


12/3 Kintail Rd, Applecross

$1,550,000

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Elevate your lifestyle!

Luxurious 3 bedroom resort-style apartments with views of the city and river located in prestigious Applecross. - Internal area 141m² - Balcony area 27m² - 2.7m high ceilings - Reconstituted stone benchtops - Stone splashback - Timber Flooring - Double glazing windows - Miele appliances - Ducted ...

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Unit

WA 6153


104/3 Kintail Rd, Applecross

$3,300,000

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Sub-penthouse with amazing views, top quality appliances & finis

Luxurious 3 bedroom sub-penthouse apartments with views of the city and river located in prestigious Applecross. Internal area 206m² Balcony area 45m² 2.8m high ceilings Reconstituted stone benchtops Stone splashback Timber Flooring Double glazing windows Gaggenau appliances Leibherr integrated ...

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Unit

WA 6153


44/3 Kintail Rd, Applecross

$895,000

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Experience Applecross at its finest!

Luxurious 2 bedroom resort style apartments with luxurious finishes in prestigious Applecross. - Internal area 87m² - Balcony area 13m² - 2.7m high ceilings - Reconstituted stone bench tops - Stone splashback - Timber Flooring - Double glazing windows - Miele appliances - Ducted reverse cycle air ...

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WA 6153


111/3 Kintail Rd, Applecross

$1,280,000

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Luxury defined

Luxurious 3 bedroom resort style apartments with luxurious finishes in prestigious Applecross. - Internal area 117m² - Balcony area 22m² - 2.7m high ceilings - Reconstituted stone benchtops - Stone splashback - Timber Flooring - Double glazing windows - Miele appliances - Ducted reverse cycle air ...

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Unit

WA 6153


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