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

2D Willcock St, Ardross

$1,400,000

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Where Architecture Meets Attitude

This is not your standard townhouse. This is a statement. And it's Green Title. Set in one of Ardross' most tightly held pockets, 2D Willcock Street delivers bold architectural design, clever zoning and an unbeatable lifestyle - all wrapped up in a true lock-and-leave package. Designed as a 4 ...

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Townhouse

WA 6153


76A Adrian St, Palmyra

$1,300,000

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1ST TIME OFFERED!

Private Sanctuary Opportunity Knocks - Don't Miss This One! Superb Location Home Open Saturday 31st of January 1.30pm to 2.30pm If you're searching for a real 'home' blessed with a gorgeous & lush garden feel, heaps of parking and 4 bedrooms, 2 bathrooms plus great living spaces then look no ...

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House

WA 6157


2/6 Groves Ave, Attadale

$950,000

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Elegant Home I Perfect Location I Exceptional Lifestyle

Beautifully presented and set in one of Attadale's most sought-after pockets, this stunning home offers an exceptional lifestyle in a truly unbeatable location. Positioned directly next to a park, it's perfect for your fur baby, outdoor activities, or simply enjoying the open green outlook right ...

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Townhouse

WA 6156


7 Davies Cres, Kardinya

$0

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Elevated Opportunity in a Prime Location - R40 Zoned with City G

Unlock the full potential of this expansive 789sqm block. Perfectly elevated from the street, this well-maintained 1970s classic offers immediate comfort with an incredible future upside. This property delivers on every level, whether you are looking to invest, develop, or enjoy a feature-packed ...

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House

WA 6163


44a Harris St, Bicton

$0

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Prime Bicton Living Opposite Bicton Primary & Moments from the R

Located in one of Bicton's most convenient pockets, this well-presented three-bedroom, one-bathroom home offers an easy, low-maintenance lifestyle with everything at your doorstep. Directly across the road from Bicton Primary School and within walking distance to Coles Melville, local shops and ...

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House

WA 6157


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