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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

22 Davy St, Alfred Cove

$1,400,000

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Prime Opportunity in Alfred Cove's Golden Triangle

Positioned within the prestigious Golden Triangle of Alfred Cove, this meticulously maintained 1961 brick and tile home sits on a generous 774sqm family sized block, boasting a wide 24m frontage and offering endless potential. With ample off street parking and drive through access to the rear ...

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House

WA 6154


228A Riseley St, Booragoon

$0

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Effortless Modern Living

Perfectly positioned in the heart of Booragoon, this modern two-storey residence offers a thoughtful balance of space, style, and functionality. With 4 generous bedrooms, 2 bathrooms, powder, and a double garage including extra storage, this is a home that adapts effortlessly to a range of ...

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WA 6154


40 Eckersley Heights, Winthrop

$0

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Premium Family Living

Perfectly positioned just moments from the lush, tree-lined surrounds of Robert Smith Park, this beautiful residence on an expansive 824sqm green-title block offers the ultimate in comfort, space and lifestyle. From its commanding street presence to its versatile floorplan and inviting outdoor ...

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WA 6150


13/42 Tamar St, Palmyra

$0

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PRIVATE. PARKSIDE. ENTERTAINER.

Perfectly located in a cul-de-sac location with 3 Bears Park at your doorstep, this exceptional rear CORNER villa offers a prized large exclusive backyard and entertaining area for endless summer fun! Light and Bright with a gorgeous open plan design that seamlessly connects to the outdoor space, ...

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Townhouse

WA 6157


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