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

473D Canning Hwy, Melville

$1,995,000

property pic

Elevated Contemporary Living with River & City Views

Rising across three thoughtfully designed levels, this contemporary 3 bedroom, 2 bathroom residence delivers a lifestyle of space, style, and low-maintenance ease in a highly connected Melville location. Set back from the road for added privacy, the home offers a surprisingly quiet retreat while ...

Get more info on this property
rei

3

rei

2

rei

2

House

WA 6156


19/57 Carrington St, Palmyra

$650,000

property pic

Stylish, Modern and Potentially Yours

An Apartment, in a small contemporary complex, that offers a modern industrial design, in a very central location, is an apartment that you know everyone will want, and that's just not me saying that, with so few sales in this complex, in the past 6 years it speaks for itself! The complex unique ...

Get more info on this property
rei

1

rei

1

rei

1

House

WA 6157


5 Evershed St, Myaree

$1,700,000

property pic

Opportunities Galore

As we know properties on full sized blocks are becoming harder to find, especially ones that are on, one of the most beautiful streets in Myaree lined with Jacarandas. Situated on 779sqm of prime Myaree land that is currently proposed under the City Of Melville Local Planning Scheme 6 to be ...

Get more info on this property
rei

3

rei

1

rei

4

House

WA 6154


4A Love St, Myaree

$1,800,000

property pic

Love Life On Love St

I am proud and excited to present to the market 4A Love St, Myaree. Situated on a rear lot giving you far more privacy. Down your own driveway is a home that has been well maintained, cared for, loved and now ready to be loved by you. As you get to the top of the driveway the home's large presence ...

Get more info on this property
rei

4

rei

2

rei

2

House

WA 6154


3/18B Tweeddale Rd, Applecross

$0

property pic

Full Floor Luxury Living with River views

*Building is well underway with expected Completion late 2026* This is a rare opportunity for just one lucky buyer who seeks boutique living with immaculate design and luxury finishes. Designed by award winning Shayne Le Roy and boasting enviable fixtures, fittings and with river and city views, ...

Get more info on this property
rei

3

rei

2

rei

0

Unit

WA 6153


Navigate to more Suburbs, Regions or States