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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 $1,499,000 and this has changed 11.03% over the past year and changed 31.49% over 2 years.

The median rent in for houses is $890 per week and the median rental yield is 3.08%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $900,000 and this has changed 5.88% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $720 per week, producing a rental yield of 4.16%.

Supply & Demand in Melville

NA

Current vacancy rate


0

Rental stock available


98,078

Population


20.56%

Rental population


NA

Current vacancy rate


0

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 $1,499,000 $889,500 $900,000
Median price change - last quarter 2.46% -1.06% 0.00%
Median price change - 1 year 11.03% 9.81% 5.88%
Median price change - 2 years 31.49% 41.19% 20.00%
  House Townhouses Units
Median weekly rent $890 $750 $720
Median yield % 3.08% 4.38% 4.16%
Median rent change - 1 year 11.25% 7.14% 2.85%
  House Units
Previous month sales NA NA
Stock on market previous month NA NA
Stock variance vs. last year NA NA
Average days on market NA NA

Melville investment property listings

Showing 5 of 1,423 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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