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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 4 of 4 investment properties found in Melville on realestateinvestar.com.au

126 Leach Hwy, Melville

$850,000

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Your Entry Into Sought After Melville

Perfectly positioned just minutes from Fremantle and offering easy access to the Perth CBD, this beautifully updated residence presents an outstanding opportunity to secure a foothold in the blue chip suburb of Melville. Deceptively spacious, the home opens to a generous living zone flowing ...

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House

WA 6156


7/330 Preston Point Rd, Attadale

$935,000

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Private & Easy-Care Living in Highly Sought-After Attadale

If you're not already familiar with Attadale, you may be pleasantly surprised. This beautiful riverside suburb is widely regarded as one of the most desirable locations within the City of Melville. With its leafy, family-friendly streets, generous block sizes and close proximity to the Swan River, ...

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Townhouse

WA 6156


3/48 Kishorn Rd, Applecross

$900,000

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PROFESSIONAL OFFICE SPACE, EXCEPTIONAL FITOUT

Enable Real Estate is pleased to present to the market for sale this superb professional office space. This 136m2 (approx.) office features an exceptional fit out, includes five designated car parking bays and would be perfect for a business looking to relocate into Applecross. Its location is ...

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Commercial

WA 6153


N7/70 Canning Beach Rd, Applecross

$0

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RIVERFRONT LUXURY

* EXPRESSIONS OF INTEREST * Ace Realty proudly presents this exceptional apartment within the renowned Raffles complex for sale by Expressions of Interest. All offers must be submitted by Tuesday, 31 March at 4.00pm (AWST), unless sold prior. GROUND FLOOR | NORTH FACING | RIVER & CITY VIEWS Enjoy ...

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Unit

WA 6153


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