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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 $975,000 and this has changed 8.45% over the past year and changed 19.04% over 2 years.

The median rent in for houses is $700 per week and the median rental yield is 3.73%. Stock on the market for houses/townhouses has changed -28.86% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $575,000 and this has changed -3.37% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $550 per week, producing a rental yield of 4.97%.

Supply & Demand in Melville

0.54%

Current vacancy rate


250

Rental stock available


98,078

Population


20.56%

Rental population


0.62%

Current vacancy rate


7,457

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 $975,000 $585,000 $575,000
Median price change - last quarter 4.27% 1.73% 0.96%
Median price change - 1 year 8.45% 8.33% -3.37%
Median price change - 2 years 19.04% 17.00% 0.96%
  House Townhouses Units
Median weekly rent $700 $575 $550
Median yield % 3.73% 5.11% 4.97%
Median rent change - 1 year 16.66% 25.00% 22.22%
  House Units
Previous month sales 4 0
Stock on market previous month 520 152
Stock variance vs. last year -28.86% -27.27%
Average days on market NA NA

Melville investment property listings

Showing 5 of 689 investment properties found in Melville on realestateinvestar.com.au

401/10 Forbes Rd, Applecross

$2,300,000

property pic

LUXURIOUS 3 BED, 3 BATH RESIDENCE ON LEVEL 4.

One of just 34 luxurious riverside residences, only a lucky few will lay claim to a home that defies the limitations of apartment living. Featuring 3 spacious bedrooms, 3 with walk-in robes, with the master bedroom located on the mezzanine level, this north-facing residence offers 209sqm of living ...

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3

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3

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0

Unit

WA 6153


701/10 Forbes Rd, Applecross

$2,150,000

property pic

LUXURIOUS 4 BED, 3 BATH RESIDENCE ON LEVEL 7.

Bold, creative and considered, unconstrained thinking challenges design ideologies and defies limitations. Its this philosophy that inspired Forbes Residences, a development the likes of which Perth has never seen. Featuring 4 spacious bedrooms - 2 with walk-in robes - and 3 bathrooms, including ...

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4

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3

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0

Unit

WA 6153


802/10 Forbes Rd, Applecross

$1,850,000

property pic

LUXURIOUS 3 BED, 3 BATH RESIDENCE ON LEVEL 8.

This luxurious residence is one of just 34 and features 3 spacious bedrooms - 2 with walk-in robes - including a master bedroom with private north-facing balcony, this north-facing residence offers 164sqm of living space and two balconies comprising 33sqm. APARTMENT FEATURES Internal area 164sqm ...

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rei

3

rei

3

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0

Unit

WA 6153


1003/10 Forbes Rd, Applecross

$1,850,000

property pic

LUXURIOUS 3 BED, 3 BATH RESIDENCE ON LEVEL 10.

With a brief to go beyond the constraints of architectural design, Forbes Residences is a boutique development of only 34 residences with unmistakable form. A new benchmark for apartment living. Featuring 3 spacious bedrooms, this south-east facing residence offers views of the Swan River and ...

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rei

3

rei

3

rei

0

Unit

WA 6153


1203/10 Forbes Rd, Applecross

$2,850,000

property pic

LUXURIOUS 3 BED, 3 BATH PENTHOUSE RESIDENCE.

Bold, creative and considered, unconstrained thinking challenges design ideologies, defies limitations. Its this philosophy that inspired Forbes Residences, a development the likes of which Perth has never seen. This luxurious 3-bedroom penthouse residence comes with a private rooftop garden ...

Get more info on this property
rei

3

rei

3

rei

0

Unit

WA 6153


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