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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 4 of 4 investment properties found in Melville on realestateinvestar.com.au

4 Dimond Ct, Leeming

$1,200,000

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Perfect First Home, Downsizer, or Investment!

Proudly presented by Tom and Nat Cleary. This spacious family Ross North Home located a short stroll to Melville Golf Club, Leeming Bowls Club, Spartans Cricket Club, and sought after public transport. Walking distance to Leeming Forum Shopping Centre, with a super IGA, two bottleshops, ...

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House

WA 6149


110/49 McGregor Rd, Palmyra

$675,000

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Every day is a holiday!

Resort style living awaits at Palmyra Apartments East with a pool, gym, spa and sauna right at your doorstep. Start your morning with a workout, unwind in the spa, or catch the game in the residents lounge. When you feel like heading out, Fremantle's iconic eateries, cafés and waterfront are just ...

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Unit

WA 6157


72 McCoy St, Myaree

$560,000

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Classy New Storage Unit Development in the Heart of Myaree

Are you looking for the Perfect Secure Storage Space for All Your Personal or Business Needs? Come and see why this Development ticks all the boxes... Very rare opportunity to secure your Ultimate Shed in this sort after location with 24/7 Access. Internal floor Area Sizes range from of 124sqm to ...

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Commercial

WA 6154


7B Zenobia St, Palmyra

$0

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A SECRET SANCTUARY WITH SIZE!

Nestled at the rear for absolute peace and privacy, this surprise-package of a 4 bedroom 2 bathroom single-level home reveals far more space than you'd ever expect. Step inside and the floor plan opens up with exceptional ease. It's the kind of hidden gem that keeps on giving, offering comfort, ...

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House

WA 6157


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