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

4 Keys Ct, Leeming

$1,400,000

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SPACIOUS FAMILY LIVING IN QUIET CUL-DE-SAC

Tucked away in a quiet cul-de-sac, this substantial four-bedroom, two-bathroom residence presents an exceptional opportunity for families seeking both space and functionality in a highly convenient setting. Designed with everyday living and entertaining in mind, the home offers two generously ...

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WA 6149


53 Nolan Way, Bateman

$1,500,000

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WONDERFUL BLUE CHIP LOCATION!!!

Enjoying an elevated position in one of Bateman's most tightly held pockets, this is the kind of home people hang onto for good reason. Solid, full of potential and being sold AS IS — it's perfectly liveable but with plenty of scope to update over time and make it your own. The location does ...

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WA 6150


32 Winthrop Dr, Winthrop

$0

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Spacious Family Living in a Prime Winthrop Location

Welcome to 32 Winthrop Drive, Winthrop - a fantastic opportunity to secure a well-looked after, 228sqm family home which has kept its original retro charm after being built by popular local builder, Don Russell Homes, in 1988. Set on a generous 734sqm, elevated block, this residence offers a ...

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WA 6150


8/355 Canning Hwy, Palmyra

$0

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Smart, Stylish Apartment Living in a Prime Location

Positioned for absolute ease and everyday convenience, this beautifully renovated one-bedroom apartment offers a smart, low-maintenance lifestyle in a location that truly delivers. Thoughtfully updated throughout, it presents a move-in-ready opportunity ideal for those seeking simplicity without ...

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Unit

WA 6157


25B Moreing Rd, Attadale

$0

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You're Invited to... ELEVATED RIVERSIDE RETREAT

Experience comfortable riverside living in this well-designed home that offers spacious interiors, easy-care gardens and river views. With four bedrooms, two living areas and a functional floor plan, this property is ideal for families looking to secure a home in this sought-after location. Inside ...

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WA 6156


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