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

90 Butler St, Willagee

$975,000

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SLEEK NEW MODERN VILLAS

Experience Ultra-Modern Living - Three Brand-New Luxury Villas Available! Step into sophistication with these stunning 3-bedroom, 2-bathroom villas at 90 Butler Street, Willagee. Crafted for contemporary living, each residence showcases high-end finishes, sleek architectural lines, and refined ...

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Townhouse

WA 6156


30 Anglesey Dr, Kardinya

$1,250,000

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Dress Circle Location. First Time Offered

Located in a prime 'Dress Circle' location is this quality-built home. Lovingly cared for by current owner. This immaculately presented residence has great street appeal with its split-level design. Features 4 double-sized bedrooms (robes to 3 of them), 2 bathrooms. Large (tiled) covered front ...

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House

WA 6163


15 Kirwan Way, Winthrop

$0

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Family Sanctuary

A home where space is not just a feature but a defining theme, this beautifully updated residence delivers exceptional proportions inside and out, designed for families who want room to live comfortably without compromise. The home offers four generously sized bedrooms, complemented by a large ...

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House

WA 6150


19A Davy St, Alfred Cove

$0

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Ease & Flow | Family Living in Prime Location

Ideally located within the highly sought-after Applecross Senior High School intake area, this secluded residence is securely tucked away at the rear of well-maintained Davy Street. Generously proportioned for family living, this bright and modern home offers far more than first impressions ...

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House

WA 6154


35 Ullapool Rd, Mount Pleasant

$0

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BESPOKE ARCHITECTURAL EXCELLENCE

Stunning Modern Home in Mount Pleasant - Your Dream Home Awaits! Welcome to your new sanctuary! Nestled in the heart of Mount Pleasant, this exquisite 4-bedroom, 3-bathroom home offers the perfect blend of modern architecture and comfortable living. Constructed in 2020, this stunning home boasts a ...

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House

WA 6153


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