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

2 Filmer Pl, Leeming

$1,595,000

property pic

Class, Comfort and a Commanding Presence

Crafted with the unmistakable quality of Webb & Brown-Neaves, this immaculate 5 bedroom 2 bathroom family residence commands attention from its prized corner and cul-de-sac position a rare find in established Leeming. Grand in scale yet refined in detail, it delivers the best of both worlds: ...

Get more info on this property
rei

5

rei

2

rei

2

House

WA 6149


1311/893 Canning Hwy, Mount Pleasant

$650,000

property pic

SUPERB INVESTMENT OPPORTUNITY

Located in an award winning building on level 13 with stunning views is this modern, 1 bedroom apartment. The space has been well designed and feels spacious, bright and inviting, and the extra storage has been added to maximise functionality. With low strata fees and luxury amenities, this ...

Get more info on this property
rei

1

rei

1

rei

1

Unit

WA 6153


4/52 Simpson St, Ardross

$1,295,000

property pic

SPACIOUS MODERN TOWNHOUSE IN PRIME LOCATION

This fabulous modern townhouse with Georgian influences is situated in a small, extremely well managed boutique development. Perfectly positioned just minutes' walk to cafes, restaurants, supermarkets, schools, Shirley Strickland Reserve, the Swan River and public transport, this light-filled ...

Get more info on this property
rei

3

rei

2

rei

2

Townhouse

WA 6153


Apt 2, 232 Burke Dr, Attadale

$0

property pic

YOUR RIVERFRONT SANCTUARY AWAITS IN ATTADALE

Imagine waking up to the gentle shimmer of the Swan River, where every sunrise feels like a private masterpiece. This fully renovated, ground-floor apartment in a boutique complex of just eight offers a rare blend of tranquillity and modern sophisticationcrafted for those who value space, style, ...

Get more info on this property
rei

3

rei

2

rei

2

Unit

WA 6156


99A Elvira St, Palmyra

$0

property pic

FRESH, SLEEK AND SPACIOUS.

Fresh, flawless and designed for modern living, this newly-built 4 bedroom 2 bathroom single-level street-front residence delivers the perfect blend of space, sophistication and quality for your family. Every inch has been crafted with effortless flow and functionality in mind - from its ...

Get more info on this property
rei

4

rei

2

rei

2

House

WA 6157


Navigate to more Suburbs, Regions or States