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

60 Congdon Way, Booragoon

$1,700,000

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Perfect Family Oasis

Generous in scale and thoughtfully configured for family functionality, 60 Congdon Way delivers multiple living zones, adaptable accommodation and an effortless outdoor lifestyle in one of Booragoon's most tightly held pockets. A wide galley-style entry makes an immediate impression, framed by an ...

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WA 6154


65C Alness St, Applecross

$1,025,000

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Bright, Low-Maintenance Villa in a Prime Applecross Pocket

Set within a small, well-maintained group of Villas, this light-filled three-bedroom villa offers comfortable, easy living in one of Applecross' most convenient locations. With generous interiors, undercover parking for two cars and a relaxed indooroutdoor flow, this is an ideal home for ...

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House

WA 6153


13A Moore Gardens, Kardinya

$900,000

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Peaceful parkside living

Tucked away in a quiet cul-de-sac with a leafy park at the end of the street, this charming front duplex offers the perfect balance of comfort, simplicity and convenience ideal for couples or downsizers seeking easy single level living. Warm and welcoming, the home features three generous bedrooms ...

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Townhouse

WA 6163


8 Bedwell Cres, Booragoon

$1,750,000

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PARKSIDE FOREVER LOCATION

Circa 1969, this rare opportunity to secure a perfectly positioned allotment opposite Ratcliffe Park awaits. This could be Booragoon's finest address as they are not making land like this anymore. these blocks are almost all accounted for. With a "North facing rear yard" this character filled ...

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House

WA 6154


1A Choules Pl, Myaree

$0

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Deceased Estate - Renovate, Restore & Secure Your Future

Instructions are clear - this property will be SOLD. Positioned in one of Perth's most rapidly evolving suburbs, this deceased estate duplex presents a rare opportunity to secure a property with exceptional future potential. Held for many years, the home is now ready for its next chapter. ...

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Townhouse

WA 6154


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