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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 $765,000 and this has changed 4.36% over the past year and changed 2.13% over 2 years.

The median rent in for houses is $475 per week and the median rental yield is 3.22%. Stock on the market for houses/townhouses has changed -46.40% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $500,000 and this has changed 1.01% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $390 per week, producing a rental yield of 4.05%.

Supply & Demand in Melville

NA

Current vacancy rate


NA

Rental stock available


NA

Population


NA

Rental population


0.67%

Current vacancy rate


304

Rental stock available


98,078

Population


20.56%

Rental population


0.69%

Current vacancy rate


8,009

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by www.realestateinvestar.com.au - The online home for property investors

Statistical data for Melville

  House Townhouses Units
Median listing price $765,000 $475,000 $500,000
Median price change - last quarter 1.20% 0.00% 4.17%
Median price change - 1 year 4.36% 0.00% 1.01%
Median price change -2 years 2.13% -1.05% 6.38%
  House Townhouses Units
Median weekly rent $475 $380 $390
Median yield % 3.22% 4.16% 4.05%
Median rent change - 1 year 5.55% 8.57% 14.70%
  House Units
Previous month sales 83 10
Stock on market previous month 871 191
Stock variance vs. last year -46.40% -43.32%
Average days on market NA NA

Melville investment property listings

Showing 5 of 1,200 investment properties found in Melville on realestateinvestar.com.au

119/179 Davy St, Booragoon

$890,000

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Penthouse 2 bed 2 bath apartment in the heart of Booragoon

Stunning two-bedroom, two-bathroom apartment with 85sqm internal and 19sqm balcony! Enquire today or miss out! Construction underway! Completion mid-next year. Welcome to Amara City Gardens where everything you need is right on your doorstep. It is absolute convenience. Amara City Gardens is ...

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WA 6154


117/179 Davy St, Booragoon

$1,020,000

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Top-floor penthouse apartment on the doorstep of Westfield Boora

Fantastic three-bedroom, two-bathroom apartment with 119sqm internal and 24sqm balcony! Enquire today or miss out! Welcome to Amara City Gardens where everything you need is right on your doorstep. It is absolute convenience. Amara City Gardens is adjacent to Westfield Booragoon (Garden City ...

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WA 6154


123/179 Davy St, Booragoon

$1,185,000

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Top-floor corner penthouse apartment in Booragoon

Penthouse three-bedroom, two-bathroom apartment with 119sqm internal and 24sqm balcony! Enquire today or miss out! Construction underway! Completion mid-next year. Welcome to Amara City Gardens where everything you need is right on your doorstep. It is absolute convenience. Amara City Gardens is ...

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WA 6154


1203/10 Forbes Rd, Applecross

$2,850,000

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LUXURIOUS 3 BED, 3 BATH PENTHOUSE RESIDENCE.

Bold, creative and considered, unconstrained thinking challenges design ideologies, defies limitations. Its this philosophy that inspired Forbes Residences, a development the likes of which Perth has never seen. This luxurious 3-bedroom penthouse residence comes with a private rooftop garden ...

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WA 6153


43A Holman St, Alfred Cove

$775,000

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Bigger than it looks - secluded rear living at it's best!

Home 2 Home Realty proudly presents... A surprise awaits you tucked away on the rear survey strata block is an impressive home, bigger than it looks. 3 double size bedrooms, 2 Bathrooms with a separate lounge or the last 3 residents have used this as a 4th bedroom. Generous open plan living space ...

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WA 6154


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