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

4 Gilbert Pl, Willagee

$1,350,000

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LUXURY LIVING BY THE PARK

Nestled in a quiet cul-de-sac, perfectly positioned opposite Tony Zuvela park, this stunning modern home delivers the ultimate blend of lifestyle, luxury and functionality. Boasting a spacious open-plan design with three separate living areas, this enviable parkside retreat is situated on a 421sqm ...

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WA 6156


1704/3 KINTAIL Rd, Applecross

$1,050,000

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Last Stylish 2-Bedroom with Built in Dining & Miele Kitchen

Located on Level 17 of the prestigious Aurora Applecross, this Type J 2-bedroom, 2-bathroom residence delivers effortless style, smart design, and low-maintenance luxury. The thoughtfully integrated built-in dining table maximises kitchen space and flow, while premium materials and fixtures ...

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WA 6153


33/320 Canning Hwy, Bicton

$499,000

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FULLY RENOVATED 1X1 WITH EUROPEAN STYLE LAUNDRY & 2X CAR BAYS!

Looking for the perfect lock-up-and-leave lifestyle in one of Perth's most desirable riverside suburbs? We got you. Proudly presented by strata specialist NIC PULVIRENTI, this renovated one-bedroom apartment ticks all the boxes for style, convenience, and comfort. Ideal for singles, couples, or ...

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WA 6157


18 Dirk Hartog Rd, Bull Creek

$1,500,000

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Family Home on a Family Size Block. Tranquil, Handy Location. Sa

Please come to our first home open Thursday 20th November 5.30pm to 6.15pm or Saturday the 22nd November 11.45am to 12.30pm. Call husband and wife team David and Mandy Coldham now for more details. Proudly presented and well maintained 3 bedroom, 2 bathroom ( second shower off the laundry) single ...

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House

WA 6149


8B Rivett Way, Brentwood

$0

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Parkside Living | Modern Light-Filled Family Dream Home

Nestled alongside the vast parkland of Ric Vosper Reserve, this contemporary family home captures the beauty of its surroundings, offering leafy outlooks, serene privacy, and an abundance of natural light. A considered palette of natural tones defines the timeless interiors, where multiple living ...

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WA 6153


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