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

7/120 Matheson Rd, Applecross

$1,295,000

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STYLISH, PRIVATE AND PERFECTLY LOCATED!

Privately positioned at the rear of a well maintained group of just 10, this beautifully renovated single level villa offers the perfect blend of comfort, style, and convenience in one of Applecross' most sought after pockets. Updated throughout with a clean, contemporary feel, the home features a ...

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House

WA 6153


2 Thrum Cl, Leeming

$1,695,000

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Perfect Entertainers Family Home To Be Proud Of!

Proudly presented by Tom and Nat Cleary. This perfect entertainers five bedroom, three-bathroom family home nestled high up on a large 720sqm elevated block, will not disappoint! Perched proudly at the highest side of this quiet cul-de-sac, with dual street frontage, lovely established gardens on ...

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House

WA 6149


22 Olding St, Melville

$1,500,000

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Family Friendly

Step into timeless charm and modern comfort with this beautifully maintained brick and tile home, proudly held by one family since the day it was built. Set on a generous 728sqm block, this property offers the perfect blend of character, space, and contemporary living. Fully renovated throughout, ...

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House

WA 6156


3/29 Solomon St, Palmyra

$0

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PERFECTLY RENOVATED. COURTYARD BLISS.

Positioned in such a prized location in the heart of Palmyra, this unique villa home is one of just 6 - and on offer here is the sought after but seldom found north facing rear orientation with supersized courtyard entertaining! Step inside and quickly realize there is nothing to do but just move ...

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Townhouse

WA 6157


3/19 Solomon St, Palmyra

$0

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Space, Comfort & Lifestyle Combined

This well-presented residence offers the perfect blend of space, functionality and low-maintenance living in "leafy Pally." Whether you're a downsizer, first home buyer or savvy investor, this is an outstanding opportunity to secure a well-presented home in a highly desirable suburb. Designed with ...

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House

WA 6157


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