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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 793 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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WA 6156


44A Polglass Way, Ardross

$1,200,000

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A prized over 55's survey strata home

Over-55s occupancy note: The residence is intended for occupation by persons where at least one occupant is over 55 years of age, or the widow/widower/de facto spouse (more than six months standing) of a person who was over 55 at the date of death, and a resident. Buyers should make their own ...

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House

WA 6153


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


Hodgson Pl, Kardinya

$1,245,000

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Rare Green Title Block in One of Perth's Fastest Growing Suburbs

In a suburb where the median house price has surpassed $1,100,000 and homes are selling in under 8 days, land doesn't come up often and when it does in a location like this, it's gone before most buyers even know it existed. This titled 363sqm green title block sits directly opposite Morris ...

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House

WA 6163


Carrington St, Palmyra

$1,220,000

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Titled 574sqm Survey Strata | On the Fremantle Border | One of P

In a suburb where homes are selling in under a week and the median house price has surpassed $1,000,000, land doesn't come up quietly and when it does in a pocket like this, the buyers who move fast are the ones who win. This generous 574sqm survey strata rear allotment sits on one of Palmyra's ...

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House

WA 6157


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