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

1203/10 Forbes Rd, Applecross

$3,595,000

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Penthouse with private rooftop entertaining!

This is exclusive 3 bedroom penthouse apartment in a boutique development features its own exclusive rooftop terrace and landscaped garden. Forbes Residences is an exclusive collection of 33 apartment residences akin to luxury homes, designed by globally-renowned architectural firm, WOHA, in ...

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WA 6153


3A Rvwy, Applecross

$2,750,000

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A Rivershore Reverie in Applecross

Nestled serenely in a quiet cul-de-sac, just a heartbeat away from the river's edge, 3A Riverway offers a rare sanctuary where time slows and dreams find room to breathe. This north-facing 4 x 2 home, embraced by 590 m² land with a 12 metre frontage, stands as a testament to four decades of care ...

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WA 6153


38A Challenger Pl, Melville

$0

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BIG FAMILY ENTERTAINER

Welcome to this generously proportioned, beautifully maintained family home that combines flexible living with premium outdoor entertaining in one of Melville's most sought-after pockets. Set on a generous 730m² block in a quiet, leafy street, this home offers four distinct and versatile living ...

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WA 6156


Lot 1-8/79-81 Leach Hwy, Willagee

$0

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8 Brand-New Townhouses in Willagee (Completion expected for Earl

3-bed | 2-bath | Double Garage | Study or Activity Room | Sizes ranging from 154 sqm 168 sqm 4-bed | 2-bath | Double Garage | Sizes ranging from 174 sqm 244 sqm Hendrick Heo & Jordan London from S Class Property Group are proud to present this rare opportunity. Brand-New Townhouse in Willagee ...

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WA 6156


5/110 Matheson Rd, Applecross

$0

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Village Precinct - Coming Soon

Exceptional..... so much so, that this home was the Master Builders award winner of its time in its category. Unique in many ways, but notably for its generous living areas inside and outside. The jewel of a small gated development, this freestanding home is set in beautiful landscaped surrounds ...

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WA 6153


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