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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 $775,000 and this has changed 3.47% over the past year and changed 6.31% over 2 years.

The median rent in for houses is $495 per week and the median rental yield is 3.32%. Stock on the market for houses/townhouses has changed -5.66% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $520,000 and this has changed 7.21% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $400 per week, producing a rental yield of 4.00%.

Supply & Demand in Melville

NA

Current vacancy rate


NA

Rental stock available


NA

Population


NA

Rental population


0.64%

Current vacancy rate


292

Rental stock available


98,078

Population


20.56%

Rental population


0.74%

Current vacancy rate


8,606

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by www.realestateinvestar.com.au - The online home for property investors

Statistical data for Melville

  House Townhouses Units
Median listing price $775,000 $475,000 $520,000
Median price change - last quarter 1.31% 0.00% 0.20%
Median price change - 1 year 3.47% 0.00% 7.21%
Median price change -2 years 6.31% -1.05% 5.05%
  House Townhouses Units
Median weekly rent $495 $400 $400
Median yield % 3.32% 4.37% 4.00%
Median rent change - 1 year 10.00% 14.28% 14.28%
  House Units
Previous month sales 119 18
Stock on market previous month 883 230
Stock variance vs. last year -5.66% -2.13%
Average days on market NA NA

Melville investment property listings

Showing 5 of 1,290 investment properties found in Melville on realestateinvestar.com.au

N/A, Willagee

$689,000

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Amazing Two Storey Turnkey Home

Looking for your dream home that has great living areas, big bedrooms, entertainment areas for both indoors and outdoors? Then look no further you found it. This is one of many packages we have all over Perth with more about to come on the market. If this home isn't for you but you want a hand ...

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House

WA 6156


N/A, Kardinya

$719,000

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DELUXE 4 BEDROOM, 2 BATHROOM, VELUX SKYLIGHTS, STUDY IN KARDINYA

Looking for your dream home that has great living areas, big bedrooms, entertainment areas for both indoors and outdoors? Then look no further you found it. This is one of many packages we have all over Perth with many more soon to come on to the market. If this home isn't for you but you want a ...

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House

WA 6163


N/A, Ardross

$1,100,000

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Build your dream home

Looking for your dream home that has great living areas, big bedrooms, entertainment areas for both indoors and outdoors? Then look no further you found it. This is one of many packages we have around Perth with more soon to come on to the market. If this home isn't for you but you want a hand ...

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House

WA 6153


N/A, Booragoon

$780,000

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Live in a brand new home in Sunny Booragoon

Looking for your dream home that has great living areas, big bedrooms, entertainment areas for both indoors and outdoors? Then look no further you found it. This is one of many packages we have all over Perth with more about to come on the market. If this home isn't for you but you want a hand ...

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House

WA 6154


3/15 Elvira St, Palmyra

$440,000

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Bright Rear Villa Close to Shops and Transport!

Perfectly located 3 bedroom villa in group of 4 tucked away behind a brick wall and security gate. Sunny north facing courtyard. Neat, tidy, well maintained and feels private and secure. A short drive to Fremantle, the River and the Beach Excellent tenant on periodic lease would love to stay. - 3 ...

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Townhouse

WA 6157


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