Download your FREE reports now!

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

134 View Tce, Bicton

$1,399,000

property pic

CHARMING HOME, EXCELLENT LOCATION

Positioned on a generous 575 m² corner allotment in ever sort after Bicton, this home offers versatility in its floor plan and charm in its aesthetics. Step inside to discover timeless charm, with beautiful wooden floorboards and high ceilings enhancing the sense of space throughout. The home ...

Get more info on this property
rei

3

rei

1

rei

1

House

WA 6157


3/33 Westbury Cres, Bicton

$1,175,000

property pic

The perfect package

Quiet, secluded and wonderfully easy to live in, 3/33 Westbury Crescent delivers the Bicton lifestyle people seek, a quality-updated home with a rare north-facing alfresco that becomes the natural centrepiece for everyday living and entertaining. Set within a boutique group of four, the home ...

Get more info on this property
rei

3

rei

1

rei

2

Townhouse

WA 6157


35A Brian Ave, Mount Pleasant

$1,399,000

property pic

Private survey strata stunner

Immaculate, survey strata, single level and dual school zones. This will tick all of the boxes! Tucked away at the rear on a generous 480sqm survey-strata lot, 35A Brian Avenue offers a calm Mount Pleasant base river side of Reynolds Road with real privacy and an easy, low-maintenance rhythm. ...

Get more info on this property
rei

3

rei

1

rei

2

House

WA 6153


6/73 Calley Dr, Leeming

$850,000

property pic

Professional 94sqm Medical Suite / Office

Don't miss this opportunity to purchase a fully fitted out 94sqm medical suite currently operated by GP's. This modern, professional medical practitioner suite is located in complex with an array of successful businesses including medical practitioners, accountants, lawyer, real estate and much ...

Get more info on this property
rei

0

rei

0

rei

1

Commercial

WA 6149


509B Leach Hwy, Bateman

$0

property pic

Move-In Ready Duplex in RSHZ and No Strata Fees!

An outstanding opportunity to secure an affordable, move-in ready home within the highly sought-after Rossmoyne Senior High School catchment, this well-presented two-bedroom, one-bathroom duplex is perfect for investors or young families looking to enter this prized school district. Inside, ...

Get more info on this property
rei

2

rei

1

rei

1

House

WA 6150


Navigate to more Suburbs, Regions or States