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

N/A, Kardinya

$812,500

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Modern Comfort & Convenience Stylish 3x2x2 Home in Kardinya Ho

Property Description: Welcome to this beautifully presented 3-bedroom, 2-bathroom, 2-car modern home located in the highly sought-after suburb of Kardinya. Offering a perfect blend of comfort, style, and convenience, this property is ideal for families, professionals, or investors looking to ...

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House

WA 6163


9A Shirley Ave, Mount Pleasant

$2,995,000

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Eclectic Family Retreat in a Quiet Cul-de-Sac Space, Style & Sc

A Home With Personality, Space for the Whole Family & a Location Buyers Love Five bedrooms, four uniquely styled bathrooms and multiple living zones, tucked away near the river in the highly sought-after Applecross and Rossmoyne school zones. Privately positioned at the rear of a quiet cul-de-sac ...

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House

WA 6153


62A Reynolds Rd, Mount Pleasant

$1,300,000

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Long-term value with lifestyle on your doorstep

Set on a substantial 489sqm landholding with a wide street presence, 62A Reynolds Road presents a classic Mount Pleasant opportunity, an original 1990-built home with genuinely good bones, generous outdoor space, and clear scope to renovate and add value over time. The strata boundaries are ...

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WA 6153


210/10 Forbes Rd, Applecross

$1,000,000

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A Secure, Hands-Off Investment in One of Perth's Most Sought-Aft

This is a rare opportunity to acquire premium short-stay apartments within the highly regarded Forbes Residences in blue-chip Applecross - structured specifically for investors seeking stable, low-maintenance, long-term returns. Offered together are three near-new, adjacent apartments on Level 2 ...

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WA 6153


211/10 Forbes Rd, Applecross

$1,000,000

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A Secure, Hands-Off Investment in One of Perth's Most Sought-Aft

This is a rare opportunity to acquire premium short-stay apartments within the highly regarded Forbes Residences in blue-chip Applecross - structured specifically for investors seeking stable, low-maintenance, long-term returns. Offered together are three near-new, adjacent apartments on Level 2 ...

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Unit

WA 6153


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