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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 $1,295,000 and this has changed 31.47% over the past year and changed 43.88% over 2 years.

The median rent in for houses is $780 per week and the median rental yield is 3.13%. Stock on the market for houses/townhouses has changed 13.82% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $850,000 and this has changed 42.85% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $650 per week, producing a rental yield of 3.97%.

Supply & Demand in Melville

0.57%

Current vacancy rate


269

Rental stock available


98,078

Population


20.56%

Rental population


0.63%

Current vacancy rate


7,731

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 $1,295,000 $749,500 $850,000
Median price change - last quarter 7.50% 5.57% 1.96%
Median price change - 1 year 31.47% 25.12% 42.85%
Median price change - 2 years 43.88% 36.27% 42.37%
  House Townhouses Units
Median weekly rent $780 $650 $650
Median yield % 3.13% 4.50% 3.97%
Median rent change - 1 year 11.42% 13.04% 18.18%
  House Units
Previous month sales 109 11
Stock on market previous month 593 119
Stock variance vs. last year 13.82% -21.19%
Average days on market NA NA

Melville investment property listings

Showing 5 of 781 investment properties found in Melville on realestateinvestar.com.au

23 Broadhurst Cres, Bateman

$1,500,000

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SOLID FAMILY HOME ON SUBDIVIDABLE CORNER BLOCK

This well presented and generously proportioned 4-bedroom, 2-bathroom family home perfectly combines modern comfort, character, and exciting future development potential (STWAPCA). Positioned on a generous corner block of approximately 781sqm, this residence offers versatile living, multiple ...

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House

WA 6150


303B Canning Hwy, Palmyra

$0

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FARMHOUSE VIBES. SECLUDED AND QUIET.

Nestled away from the road down a private driveway, this ONE captivates you immediately with a sense of space, rural charm and surprising tranquility. Delightfully different in every way, the home welcomes you the moment you step inside with sky high ceilings, massive open plan living and dining, ...

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House

WA 6157


24A Coldwells St, Bicton

$0

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You're Invited to... Premium Lifestyle Location

Perfectly positioned in an elevated, whisper-quiet pocket of Bicton, this beautifully maintained home delivers relaxed, light-filled living across one generous and thoughtfully designed level. Set on a 497sqm block with a wide northern frontage, it offers space, comfort and effortless liveability ...

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WA 6157


22 Exley Cl, Kardinya

$0

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Convenient & Easy Living in the Heart of Kardinya

Experience the perfect balance of quiet cul-de-sac privacy and "walk-to-everything" convenience. Nestled at the end of a peaceful street, this 1990's built home on a 411sqm Green Title block is designed for those who value both comfort and an effortless lifestyle. PRIME LOCATION & CONNECTIVITY ...

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House

WA 6163


52 Burke Dr, Attadale

$0

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SPACIOUS RIVERSIDE FAMILY HOME

Situated on a grand 1,017sqm block, with a wide 20.44 street frontage, this large riverfront home offers a desirable north facing aspect of the Swan River, Perth city skyline and beyond. Designed for both refined entertaining and relaxed family living, the clever floor plan combines generous ...

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House

WA 6156


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