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

703/3 KINTAIL Rd, Applecross

$995,000

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Stylish 2-Bedroom with Built-in Dining Table, Miele Kitchen & Pr

Positioned on Level 7 of the prestigious Aurora Applecross, this beautifully designed apartment offers the perfect balance of luxury, comfort and lifestyle just moments from the Swan River foreshore. From the moment you enter, the warmth of engineered timber flooring guides you into a bright ...

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Unit

WA 6153


3B Coleman Cres, Melville

$1,399,990

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MORE THAN MEETS THE EYE

Positioned conveniently within close walking distance to Melville's popular shopping precinct, medical centres and local schools. This modern Survey Strata home is deceptively spacious and comes with a functional floor plan that would suit a growing family. Two of the many highlights of this ...

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WA 6156


7/330 Preston Point Rd, Attadale

$935,000

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Private & Easy-Care Living in Highly Sought-After Attadale

If you're not already familiar with Attadale, you may be pleasantly surprised. This beautiful riverside suburb is widely regarded as one of the most desirable locations within the City of Melville. With its leafy, family-friendly streets, generous block sizes and close proximity to the Swan River, ...

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Townhouse

WA 6156


5/28 Noalimba Cres, Bateman

$0

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CHARMING RESIDENCE & PRIME LOCATION IN RSHZ

Welcome to 5/28 Noalimba Cres ,Bateman, a charming home in a prime location in Rossmonye Senior High School Zone. With modern features, spacious living, and easy access to everything you need, this 2-storey home is perfect for families or anyone looking for comfort and convenience. Features: ...

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House

WA 6150


24A Allerton Way, Booragoon

$0

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A refined residence

Bold in design and confident in its architectural expression, this contemporary residence makes an immediate statement. Clean lines, a refined palette of materials and carefully considered spaces combine to create a home that feels sophisticated, polished and effortlessly functional. At the centre ...

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WA 6154


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