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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 1,003 investment properties found in Melville on realestateinvestar.com.au

104/3 Kintail Rd, Applecross

$3,500,000

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Sub-penthouse with amazing views, top quality appliances & finis

Luxurious 3 bedroom sub-penthouse apartments with views of the city and river located in prestigious Applecross. Internal area 206m² Balcony area 45m² 2.8m high ceilings Reconstituted stone benchtops Stone splashback Timber Flooring Double glazing windows Gaggenau appliances Leibherr integrated ...

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Unit

WA 6153


Denien St, Willagee

$970,000

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324sqm | Quiet Street | Walk to Shops & Cafés | Fremantle 10 Min

Willagee is one of Perth's most compelling inner-south growth stories and land in the suburb is becoming genuinely hard to find. A 324sqm flat, well-proportioned block with over 17 metres of width on a quiet Willagee street, within walking distance to local shops, cafés, community facilities and ...

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House

WA 6156


7/3 Morrow Mews, Kardinya

$849,000

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Parkside Living In A Whisper Quiet Cul-De-Sac!

Tucked away in a quiet cul-de-sac opposite the leafy surrounds of Frank Cann Park, this beautifully renovated 3 bedroom, 1 bathroom home is the perfect blend of comfort, style and easy-care living. With stunning landscaped gardens and charming street front appeal, this is a property that truly ...

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Unit

WA 6163


2 Hesford Ave, Mount Pleasant

$2,550,000

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The Complete Package

Positioned within the highly sought-after dual catchment of Rossmoyne Senior High School and Applecross Senior High School, this beautifully refreshed residence is designed for growing families who value space, flexibility and long-term lifestyle. Freshly repainted and fitted with new carpets, the ...

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WA 6153


1/2 MCKIMMIE Rd, Palmyra

$989,000

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RENOVATED TONWHOUSE - EASY LOCK & LEAVE

Modern townhouse living with nothing left to do - a must see to be truly appreciated! Renovated, low-maintenance and ready to go - this is the kind of home that just makes sense. Whether you're stepping into the Palmyra market, chasing an easy lock-and-leave, or adding a solid investment, ...

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Townhouse

WA 6157


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