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 2 of 2 investment properties found in Melville on realestateinvestar.com.au

4/22-28 Gibson St, Mount Pleasant

$900,000

property pic

RELAXED OVER 55'S LIVING IN BEAUTIFUL PLEASANT GROVE

Welcome to Pleasant Grove, a beautifully maintained and peaceful complex designed for the over 55s. Tucked away in a secure and neatly presented setting, this lovely villa offers a relaxed and comfortable lifestyle surrounded by well kept gardens. This stunning two bedroom, one office/craft room ...

Get more info on this property
rei

2

rei

1

rei

1

Townhouse

WA 6153


34 Latham St, Alfred Cove

$0

property pic

Where space meets convenience

Quietly positioned in a tightly held pocket, this is a home that's been designed around ease, single-level, generously proportioned, and thoughtfully extended to support the way families actually live. The main living, dining and kitchen zone forms the heart of the home, an inviting open-plan ...

Get more info on this property
rei

4

rei

2

rei

2

House

WA 6154


Navigate to more Suburbs, Regions or States