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Investment Property Applecross, WA, 6153

Suburb Snapshot

Applecross is a suburb in the Melville Region of Western Australia. Applecross has a population of 6,887 people and 24.49% of its occupants live in rental accommodation. The median listing price for houses is $2,500,000 and this has changed 33.68% over the past year and changed 66.94% over 2 years.

The median rent in Applecross for houses is $950 per week and the median rental yield is 1.97%. Stock on the market for houses/townhouses has changed -5.81% compared to last year and the average time to sell a house/townhouse is 132 days.The median listing price for units is $1,295,000 and this has changed 43.25% over the past year. The average unit takes 258 days to sell and the median rent for a unit in Applecross is $680 per week, producing a rental yield of 2.73%.

Supply & Demand in Applecross, Melville

0.92%

Current vacancy rate


36

Rental stock available


6,887

Population


24.49%

Rental population


0.52%

Current vacancy rate


245

Rental stock available


98,078

Population


20.56%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Applecross, Melville

  House Townhouses Units
Median listing price $2,500,000 $1,250,000 $1,295,000
Median price change - last quarter 0.00% 42.85% -2.27%
Median price change - 1 year 33.68% 55.47% 43.25%
Median price change - 2 years 66.94% 54.51% 72.20%
  House Townhouses Units
Median weekly rent $950 $730 $680
Median yield % 1.97% 3.03% 2.73%
Median rent change - 1 year 11.76% 11.45% 36.00%
  House Units
Previous month sales 4 1
Stock on market previous month 81 49
Stock variance vs. last year -5.81% -22.22%
Average days on market 132 258

Applecross investment property listings

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