Download your FREE reports now!

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 4 of 4 investment properties found in Melville on realestateinvestar.com.au

N/A, Applecross

$4,500,000

property pic

Applecross House & Land Package - Featuring the Bremer Bay by Re

Luxury Living in Prestigious Applecross Welcome to an exclusive house and land opportunity in the blue-chip riverside suburb of Applecross - featuring the stunning Bremer Bay Display by Redink Homes. Designed with modern families in mind, the Bremer Bay delivers space, style and sophistication, ...

Get more info on this property
rei

4

rei

2

rei

0

House

WA 6153


2/21 Copperwaite Rd, Kardinya

$749,000

property pic

Low-Maintenance Living Without Compromise

Set in a quiet, well-maintained complex, this light-filled home blends timeless character with modern style. Elegant feature arches, a renovated bathroom, and a spacious backyard make it perfect for first home buyers, downsizers, or investors. This is stylish, low-maintenance living without ...

Get more info on this property
rei

2

rei

1

rei

1

House

WA 6163


33a Strome Rd, Applecross

$0

property pic

Brand-new luxurious home built by award-winning Club Precedence.

You are invited to experience this grand residence positioned within one of Applecross' most prestigious riverside enclaves. Spanning over 500sqm on a generous 654sqm green title land, this custom-built home balances sculptural beauty with uncompromising functionality. A striking modern ...

Get more info on this property
rei

4

rei

4

rei

4

House

WA 6153


61 Nolan way, Bateman

$0

property pic

YOUR DREAM FAMILY HOME

FIXED DATE SALE - ALL OFFERS PRESENTED MONDAY 16TH MARCH Welcome to 61 Nolan Way, Bateman, a truly exceptional six bedroom, four bathroom double storey residence set on a commanding 757sqm block with incredible street presence and a triple garage. Modern, expansive and impeccably finished ...

Get more info on this property
rei

6

rei

4

rei

3

House

WA 6150


Navigate to more Suburbs, Regions or States