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

9/8-10 Swan Rd, Attadale

$750,000

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Hilltop Villa

Tucked away at the rear of a well-maintained group, this private villa offers a quiet and comfortable retreat in a highly sought-after riverside pocket of Attadale. The simple and functional floor plan includes open plan living and dining, a neat and bright kitchen, and a generous separate laundry ...

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WA 6156


707/63 Kishorn Rd, Mount Pleasant

$775,000

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Effortless luxury with five star amenities

Positioned high on Level 7 of the acclaimed and award winning Cirque development, this one-bedroom, one-bathroom residence pairs a premium internal fit-out with an oversized balcony enjoying uninterrupted views across the Canning River. Elevated well above neighbouring developments, the outlook ...

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WA 6153


4 Alexander Rd, Ardross

$1,550,000

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YOUR DREAM LIFESTYLE AWAITS!

Perfectly positioned in one of Ardross's most desirable pockets, this exceptional single level home offers generous proportions, modern comfort and an incredible lifestyle to match. At the heart of the home lies the expansive open-plan kitchen, dining and living area, a light-filled space designed ...

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House

WA 6153


9B Holman St, Melville

$0

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Luxurious Living in Melville's Golden Pocket!

Perfectly positioned in a highly sought-after pocket of Melville, this architecturally designed residence offers an exceptional lifestyle opportunity on a green title 445sqm block. The floorplan offers fabulous living zones and big bedrooms and with premium finishes throughout - this really will ...

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WA 6156


19 Nisbet Rd, Applecross

$0

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RUN, DON'T WALK!

Positioned on arguably the most picturesque street within the 'golden triangle', lined with purple Jacaranda trees and one block to Applecross beach, this as new home sits on a 702sqm block with a wide 15m frontage. This impressive, custom built 'Riverstone' home has an incredible floor plan ...

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WA 6153


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