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

3 Hertford Cl, Bull Creek

$1,439,000

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Location, Location, Location!

Caleb Dalziell of The Agency is excited to present 3 Hertford Close, Bull Creek a well-built family home offered to the market for the very first time. Positioned in a quiet, family-friendly cul-de-sac, just a short walk to the sought-after Oberthur Primary School and within the Willetton Senior ...

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WA 6149


24A Gracechurch Cres, Leeming

$1,385,000

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Premium, Low-Maintenance Living in a Prime Leeming Location

Radiating style and substance throughout, this 4 bedroom, 2 bathroom Ross North home, built in 2009, has been meticulously crafted for modern, low-maintenance living. Boasting a functional floor plan that will undoubtedly keep everybody happy in more ways than one, this stunning residence combines ...

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WA 6149


6/370 Canning Hwy, Bicton

$729,000

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Home Open Friday 12th Dec 5:00 - 6:00pm & Saturday 13 Dec 12:00

Cosy Two-Storey Townhouse Tucked securely at the rear of a well-maintained small complex of just 7 townhouses, this renovated well-presented 2 storey villa on 142sqm offers an effortless lifestyle in the heart of Bicton's highly sought-after precinct. With the Swan River, local cafés, Melville ...

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WA 6157


50A Beach St, Bicton

$1,700,000

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First Viewing 6-6.30pm Tuesday December 16th

In one of Bicton's most coveted locations, this family home is well-set back from the street with ample space catering toward the lucky new owner without accruing excessive maintenance. Constructed around 2005 by acclaimed builder Webb & Brown-Neaves, there's so much to love about this double ...

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WA 6157


4/34 Waddell Rd, Palmyra

$0

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Low-Maintenance Palmyra Living!

Set quietly at the rear of a peaceful cul-de-sac, this freestanding villa combines low-maintenance living with a bright and airy atmosphere. The open plan living area seamlessly extends to an undercover pergola, providing a perfect space for entertaining year-round. Conveniently located within ...

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WA 6157


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