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

4/13 Carrington St, Palmyra

$999,000

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SPACIOUS, STYLISH, AND SECURE!

Tucked away quietly off the street in a small, boutique development of eye-catching architectural residences, this striking executive-style town home makes a statement in substance and style. Cleverly positioned windows and extra high ceilings allow natural light to permeate every level, creating ...

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Townhouse

WA 6157


255/22 Windelya Rd, Murdoch

$1,395,000

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The Hannan

1 OF ONLY 3 IN THE VILLAGE! This home is a stunner! Spacious living areas and light & bright decor throughout this delightful 2 bed + study/3rd bedroom, 2 bath villa with attached double car garage with access to additional storage space for trailer or caravan, easy care gardens and an ...

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House

WA 6150


7 Harrod St, Willagee

$0

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GORGEOUS CHARACTER HOME ON 771SQM IN PRIME WILLAGEE POCKET

FIXED DATE SALE - ALL OFFERS PRESENTED MONDAY 16TH MARCH Welcome to 7 Harrod Street, Willagee, a beautifully maintained three-bedroom, two-bathroom character home set on a generous 771sqm block in one of the suburb's most sought after and convenient locations. Combining warmth, charm and modern ...

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House

WA 6156


3/41 WHEYLAND St, Willagee

$0

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Chic Central Living in Willagee! SECOND CHANCE OPPORTUNITY!

SECOND CHANCE OPPORTUNITY - BUYERS CONDITIONS NOT FULFILLED - CALL OR SMS TO REGISTER! Seize a superb opportunity to live centrally, right in the heart of the thriving Willagee! This ground-floor apartment offers a rare chance to embrace modern, low-maintenance living in a stylish, boutique ...

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Unit

WA 6156


20C Stanbury Way, Booragoon

$0

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MASSIVE UPSIDE OPPORTUNITY

One of 4 unique "Strata Title" properties built in 1976 and sitting on a combined 1868 M2 lot the potential upside for this end 2 bed 1 bath residence will be very appealing to the savvy buyer that is keen to do a renovation and look into a title conversion (Subject to all 4 owners and WAPC ...

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House

WA 6154


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