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

1 Orrock Ct, Leeming

$1,595,000

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Luxurious Family Resort! Home to be envied!

Proudly presented by Tom and Nat Cleary. An entertainer's dream, this stunning property has been exceptionally thought out to cleverly utilise every aspect of the elevated 786sqm block in a small quiet cul-de-sac. Resort living at its finest, you will feel like you are holidays all year round. If ...

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House

WA 6149


151A Waddell Rd, Bicton

$1,790,000

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Customised Hill-top Sanctuary

Just a few doors away from Point Walter Golf Course, this is a home where lifestyle and location come together and what living in Bicton is all about! Every detail and feature has been considered with craftsmen workmanship on show throughout an inspired customised renovation that ensures this home ...

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House

WA 6157


701/3 Kintail Rd, Applecross

$1,500,000

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North facing, oversized and resort style luxury

OPEN BY APPOINTMENT A riverside lifestyle like on other with views to match. Formerly one of the prized display suites within the prestigious Aurora development, this expansive apartment delivers an elevated Applecross lifestyle defined by space, natural light, and thoughtful design. Positioned on ...

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Unit

WA 6153


12A Loris Way, Kardinya

$0

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Smart Design

Set in a quiet pocket of Kardinya, 12A Loris Way delivers an easy-care lifestyle without compromising on space, comfort or quality. Built in 2019 by Summit Homes, this fairly new residence has been thoughtfully designed and is ready to move straight in. It places everything you need right on your ...

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House

WA 6163


4/54 Swan Rd, Attadale

$0

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A timeless abode

Privately positioned within an exclusive group, this beautifully appointed residence presents a refined balance of architectural warmth, generous proportions and effortless living within one of Attadale's most desirable lifestyle settings. Designed over two expansive levels, the home has been ...

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House

WA 6156


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