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

N/A, Kardinya

$869,990

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Turnkey Stunning House & Land Packages

Stunning House and Land Package in Kardinya Introducing an exceptional opportunity to build your dream home in the sought-after suburb of Koondoola. This house and land package offers a perfect blend of contemporary design, prime location and enviable lifestyle. Features: 4 bedrooms 2 bathrooms ...

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WA 6163


Proposed Lot 1/10 Butler St, Willagee

$1,100,000

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Brand New Street-Front Home in a Prime Lifestyle Location

Proposed Lot 1 | 3 Bedrooms, 2 Bathrooms, 2 Garages | 170 sqm internal | 244 sqm survey strata block This beautifully finished brand new, three-bedroom, two-bathroom, STREET FRONT survey-strata home offers contemporary comfort, quality inclusions and a low-maintenance lifestyle in a highly ...

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House

WA 6156


56/444 Marmion St, Myaree

$695,000

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Over 55's villa in prime location

Enjoy relaxed low maintenance living in this beautifully presented 2 bedroom villa in Myaree Gardens Estate, a quiet over 55's complex perfectly positioned beside a lovely park and lake. Offering comfortable interior, an open plan layout and a private alfresco and courtyard, this home is ideal for ...

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Townhouse

WA 6154


3C Jemerson St, Willagee

$925,000

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Light, Comfort and Convenience

Tucked privately to the rear, this well-presented three-bedroom villa offers easy living in a quiet in a convenient setting. Built in solid double brick and tile, this lovely home is filled with natural light and designed for low-maintenance comfort. Inside, a spacious casual living zone creates a ...

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WA 6156


35 McCallum Cres, Ardross

$0

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A Remarkable Home, Sought After Suburb, First Time On The Market

Double storey detached home with 5 beds, 3 baths, and a garage with 2 car bays and having exceptional features and layouts, this property is a gem in the prime location of Ardross. GROUND FLOOR - A foyer plus 3 living areas: a formal lounge on the ground level, a media room, and a theatre room - ...

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House

WA 6153


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