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

2/58 Kishorn Rd, Mount Pleasant

$499,000

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Boutique Ground Floor Office (MEDICAL SUITES) NOW SELLING....

Walk to the river from this Prime Canning Bridge Location... Positioned in the vibrant heart of the sought-after Canning Bridge precinct, this wellpresented ground floor office suite offers the perfect blend of professionalism, convenience, and lifestyle. Just a short stroll from the iconic ...

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Commercial

WA 6153


401/18 Ogilvie Rd, Mount Pleasant

$2,295,000

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Panoramic views for every resident

"Whether it's the intelligent design, or its towering elegance; the clever use of light and space, or the amazing panoramic views; its well-connected location at the confluence of the Canning and Swan Rivers, or its amazing, landscaped pool deck and five star Green Building Council of Australia ...

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Unit

WA 6153


N/A, Winthrop

$0

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Entertainer's Retreat

Nestled on a sprawling 700sqm block in the sought after suburb of Winthrop, this exceptional residence offers the perfect blend of generous space, versatile living and a lifestyle designed for entertaining. From the moment you arrive, you're greeted by a home that effortlessly balances comfort and ...

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House

WA 6150


11 Kruger Pl, Booragoon

$0

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CASA LA KRUGER

CIRCA 1979 and set High on the end of a beautiful quiet cul-de-sac in the heart of Booragoon, this exceptional property offers endless possibilities for renovators, investors and or developers. This significant family home is a smart investment today and secures a huge land holding for your ...

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House

WA 6154


13/56 Matheson Rd, Applecross

$0

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When It's All About Location!

Positioned in the heart of prestigious Applecross and just a short stroll to the river, this beautifully presented 2-bedroom, 1-bathroom townhouse delivers a low-maintenance lifestyle with effortless appeal. Perfect for young couples, downsizers or savvy buyers, it blends modern comfort with an ...

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Townhouse

WA 6153


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