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

31 Clements Rd, Booragoon

$1,249,000

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PEACEFULLY POSITIONED, EASY LIVING!

Positioned at the end of a quiet cul-de-sac, this well-presented home offers the perfect blend of comfort, convenience and low-maintenance living. Ideal for young families, downsizers or savvy investors alike. Step inside to discover a spacious open plan layout, where the kitchen, living and ...

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WA 6154


2/3 First Ave, Applecross

$995,000

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RIVERSIDE LIVING IN A BOUTIQUE VILLA

Step into the epitome of modern comfort and timeless charm with this beautifully presented 3-bedroom villa, ideally positioned just moments from the tranquil Swan River. Nestled within an exclusive group of only four residences, this home offers privacy, convenience, and a sought-after lifestyle ...

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Townhouse

WA 6153


5 Freeman St, Melville

$3,250,000

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A LANDMARK RESIDENCE OF UNRIVALLED SCALE & VIEWS

Positioned proudly on an expansive 1,012sqm parcel in one of Melville's most tightly held pockets, this extraordinary residence delivers a level of space, versatility and lifestyle that is rarely seen and even harder to replicate. With over 600sqm of internal living and entertaining, this is not ...

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House

WA 6156


94/179 Davy St, Booragoon

$920,000

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Modern Living at Amara Apartments

Experience contemporary living at the Amara Apartments, where luxury meets modern design. This secure and stylish 2-bedroom, 2-bathroom residence showcases oak engineered timber flooring, stone benchtops, and quality stainless steel appliances throughout. Both bedrooms are well appointed with ...

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WA 6154


55B Reynolds Rd, Mount Pleasant

$0

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Easy-Care Living Close to Everything

Positioned in the heart of Mount Pleasant and just a short stroll to Woolworths Mt Pleasant, Reynolds Road 7 Day Medical Centre, & McDonald; this well-maintained three-bedroom, two-bathroom home is a family dream! Set at the rear, this easy-care property offers a private lifestyle. Ideally located ...

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House

WA 6153


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