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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 854 investment properties found in Melville on realestateinvestar.com.au

8A Purdie Ave, Ardross

$1,995,000

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A PLACE TO CALL HOME

Hidden behind a secure, gated courtyard and framed by mature fruit trees, this enchanting character home at 8A Purdie Avenue, Ardross immediately feels like a place to slow down, settle in and grow. Set on one of the suburb's most tightly held streets, it offers families a rare blend of timeless ...

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WA 6153


2/82 Hammad St, Palmyra

$899,000

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A Hidden Retreat

Tucked away at the rear of a charming group of just three residences, this tranquil 3 bedroom 1 bathroom villa is a beautiful surprise - offering updated, easy living with privacy, peace and simplicity at its core. Playing host to its own air-conditioner, ceiling fan, gas bayonet and feature ...

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WA 6157


22 The Rmbl, Booragoon

$1,750,000

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Land bank for the future

Set on a generous 719m² allotment in a quiet family friendly street, this beautifully maintained character home delivers space, warmth and versatility rarely found. Built in 1986 and thoughtfully designed for growing families and entertainers alike, this expansive four bedroom, two bathroom ...

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WA 6154


N/A, Applecross

$0

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RAFFLES WATERFRONT APARTMENT

LUXURY LIVING NEAR THE EDGE OF THE SWAN RIVER Discover an exceptional opportunity to secure a beautifully appointed two-bedroom residence with seperate study in the iconic Raffles Waterfront Apartments, one of Perth's most prestigious and sought-after riverfront addresses. Positioned on the third ...

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WA 6153


16A Waddell Rd, Palmyra

$0

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Exclusive Sneak Peek Home Open - Saturday 20th December | 12:00

COMING SOON | Elegant Family Living in the Heart of Palmyra Exclusive Sneak Peek Home Open - Saturday 20th December | 12:00 - 12:30pm *More photos will be added on Monday Set within one of Palmyra's most desirable pockets, 16A Waddell Road presents a beautifully maintained and generously ...

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WA 6157


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