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

6/445 Canning Hwy, Melville

$595,000

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City Lights

This 1 bedroom 1 bathroom unit has been completely renovated though out. Offering an amazing opportunity to get into this very sort after suburb of Melville. A rare opportunity exists, to secure a middle floor apartment with panoramic, river and city views. After a hard day's work you can enjoy ...

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Unit

WA 6156


10 Disney St, Brentwood

$1,150,000

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The perfect package

Directly opposite Brentwood Primary School and positioned on a street front strata allotment, this home is the kind of Brentwood address that rarely comes up, quietly positioned on the Booragoon border, in a location that's long been considered one of the suburb's most desirable. The home is a ...

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House

WA 6153


16 Norton Ridge, Winthrop

$1,995,000

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Spacious Family Living in Prime Location!

Designed with growing families in mind, this expansive residence offers space, flexibility and exceptional lifestyle appeal in a highly sought-after pocket. Boasting four generous bedrooms plus a dedicated office (or optional fifth bedroom), the home is thoughtfully designed to accommodate both ...

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House

WA 6150


15A The Esp, Mount Pleasant

$4,000,000

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Prime position

Rarely do prime-position properties become available on The Esplanade in Mount Pleasant. This charming three-bedroom duplex half enjoys uninterrupted, panoramic views across the beautiful Swan River. Imagine opening your front door in the late afternoon, settling in with a glass of wine, and ...

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House

WA 6153


N/A, Mount Pleasant

$0

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BLUE CHIP RIVERSIDE OPPORTUNITY

RIVERVIEW POTENTIAL - DEVELOPERS & VISIONARIES WELCOME * EXPRESSIONS OF INTEREST * Ace Realty invites offers for this prime and tightly held riverside opportunity by Expressions of Interest. All offers must be submitted by Tuesday, 24 March at 4.00 pm (AWST), unless sold prior. Superby positioned ...

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House

WA 6153


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