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

5 Radnor St, Leeming

$1,400,000

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Stunning Family Home In Awesome Location!

Proudly presented by Tom and Nat Cleary. If there is a pocket in Leeming that is highly sought after and very tightly held, it is Radnor Street, and this property ticks every single box and will definitely impress! Driving up this quiet street with picturesque established jacaranda trees in full ...

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WA 6149


4 Mudge St, Myaree

$1,350,000

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A Leafy Myaree Gem with Space to Love!

Freshly painted and impeccably maintained for over two decades, this 3-bedroomn 2-bathroom residence exudes understated luxury. Offering two living areas, a light-filled interior, dramatic vaulted ceilings and an effortlessly low-maintenance lifestyle in one of Myaree's most tranquil, leafy ...

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House

WA 6154


6/30 Tain St, Applecross

$850,000

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HIDDEN RIVERSIDE GARDEN ESCAPE

PREMIERE VIEWING SATURDAY 13th DECEMBER 11:00AM - 11:45AM Few locations rival Applecross for location and lifestyle, and this beautifully presented villa places you firmly at the centre of it all! Offering a rare blend of privacy and charm, this enchanting property is ideal for singles, couples ...

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Townhouse

WA 6153


12 Ainsworth Loop, Booragoon

$1,750,000

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SPACIOUS RENOVATED FAMILY HOME

Built in 1986 and located in a super quiet pocket of Booragoon..... this renovated family home has a lot to offer the family looking for convenience and space to grow. Featuring an open plan kitchen, living and dining this is family living at its best. Casual entertaining of family and friends ...

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WA 6154


28 Aldridge Rd, Brentwood

$0

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A lakeside sanctuary with real convenience

A corner position on the Booragoon border, a high-quality renovation, and warm jarrah hardwood floors throughout set the tone for this single-level three-bedroom home - pairing everyday ease with a lifestyle that feels genuinely elevated. The heart of the home is a spacious open-plan kitchen, ...

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House

WA 6153


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