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

3 Temby Ct, Kardinya

$1,199,000

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A Hidden Haven with Heart

Tucked quietly at the end of a peaceful cul-de-sac, 3 Temby Court is the kind of home that just feels good the moment you arrive. Private, leafy and effortlessly liveable, it's a home designed for those who want space, style and a little sanctuary of their own. Inside, the layout is both ...

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WA 6163


11A Rockett Way, Bull Creek

$1,050,000

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Prime Bull Creek Living in the Rossmoyne Senior High School Zone

Nikki Varga is proud to present to the market 11a Rockett Way, Bull Creek. Perfectly positioned in a quiet cul-de-sac and located within the sought-after Rossmoyne Senior High School zone, this home offers convenience for families. Enjoy being just moments from Parry Village Shopping Centre, local ...

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House

WA 6149


12 Witney Pl, Leeming

$1,600,000

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A Sanctuary of Space and Calm!

Tucked peacefully at the top of a tightly-held cul-de-sac setting, this solid and spacious 5 bedroom 2 bathroom brick-and tile family haven delivers the perfect balance of comfort, functionality and lifestyle ease. Built to last and thoughtfully designed, it unfolds across generous proportions ...

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WA 6149


7/120 Matheson Rd, Applecross

$1,295,000

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STYLISH, PRIVATE AND PERFECTLY LOCATED!

Privately positioned at the rear of a well maintained group of just 10, this beautifully renovated single level villa offers the perfect blend of comfort, style, and convenience in one of Applecross' most sought after pockets. Updated throughout with a clean, contemporary feel, the home features a ...

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WA 6153


6/10-12 Palin St, Palmyra

$875,000

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Freshly Updated Villa in a Prime South of the River Location

This beautifully presented 3-bedroom, 1-bathroom villa combines modern comfort with timeless charm. Recently updated, the home is filled with natural light, creating a bright and inviting atmosphere that is ready to enjoy from day one. Showcasing elegant arched doorways and character features, ...

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Townhouse

WA 6157


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