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

21 Schacht Ct, Myaree

$1,150,000

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Classic 60's Cottage

Set on a substantial 580 sqm corner block, this traditional circa 1963 bungalow offers exceptional room to move and immediate liveability with lots of scope to put your own stamp on things. With solid bones and a traditional floor plan, the home's original features blend seamlessly with tasteful ...

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WA 6154


37 Bellairs Rd, Kardinya

$1,200,000

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MODERN STYLE. LOW MAINTENANCE.

This contemporary family home offers a rare combination of style, practicality, and effortless living. Situated at the end of a cul-de-sac on an easy care block with no lawn to mow this is a property that truly delivers on lifestyle without effort. DINING AND LIVING A welcoming open plan living ...

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House

WA 6163


27 Shelshaw St, Melville

$1,000,000

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Location, Location, Location! Home Open Sat 28th Feb 11am - 11:4

Welcome to 27 Shelshaw Street, Melville. A charming and beautifully presented 3-bedroom, 2-bathroom plus study home offering warmth, character, and an inviting layout. Perfectly positioned with easy access to Fremantle and the Perth CBD, this property is ideal for homeowners and investors alike. ...

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WA 6156


91 Archibald St, Willagee

$1,250,000

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Comfort, Space & Family Living - R40/60

Welcome to this fresh and charmingly presented home offering comfort, space, and a relaxed family lifestyle in a convenient suburban location. With R40/60 zoning providing exciting development potential, with the flexibility of a 3-lot site, retain the front home and develop the back, or just ...

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WA 6156


23 Broadhurst Cres, Bateman

$1,500,000

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SOLID FAMILY HOME ON SUBDIVIDABLE CORNER BLOCK

This well presented and generously proportioned 4-bedroom, 2-bathroom family home perfectly combines modern comfort, character, and exciting future development potential (STWAPCA). Positioned on a generous corner block of approximately 781sqm, this residence offers versatile living, multiple ...

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House

WA 6150


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